Notice of the Ministry of Finance and the State Administration of Taxation on the Preferential Individual Income Tax Policy for the Guangdong-Hong Kong-Macao Greater Bay Area

This notice provides that eligible foreign high-end and紧缺 talents working in the Guangdong-Hong Kong-Macao Greater Bay Area shall receive subsidies equal to the difference between their mainland and Hong Kong individual income tax liabilities, and such subsidies are exempt from individual income tax. The policy applies to nine cities in the Pearl River Delta of the Greater Bay Area and is effective from January 1, 2019 to December 31, 2023.