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China: Shenzhen incentives for highly skilled foreign individuals

China: Shenzhen incentives, highly skilled individuals

Various Shenzhen municipal authorities jointly issued guidance for implementing the “Greater Bay Area” preferential individual income policies.

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The Shenzhen municipal taxation administration was one of the agencies that joined in issuing a notice for implementation of the preferential individual income tax policy and guidelines for foreign individuals with high-end and urgently needed skills that would be eligible for a subsidy. The subsidy is intended to produce an effective low individual income tax outcome for eligible individuals.


For more information, contact a KPMG tax professional:

David Ling | +1 609 874 4381 | davidxling@kpmg.com

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