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2022 Personal Tax Policies in the Greater Bay Area

To support the development of the Guangdong-Hong Kong-Macau Greater Bay Area, the Ministry of Finance and the State Taxation Administration released the Notice on Individual Income Tax preferences for Guangdon-Hong Kong-Macau Greater Bay Area (Cai Shui [2019] No. 31).

The Circular 31 grants subsidy for overseas (including Hong Kong, Macau and Taiwan) high-end talents and highly sought-after talents working in the Greater Bay Area. Such subsidy shall also be exempted from individual income tax.

Previously implemented and effective until December 31, 2023.


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