News Snapshot:
GBA’s Shenzhen Qianhai Extends 15% CIT for Qualified Enterprises Until End of 2025 Qualified enterprises engaged in encouraged industries in Shenzhen Qianhai Area can enjoy a reduced CIT rate of 15 percent for five more years, to December 31, 2025. On July 9, 2021, the Ministry of Finance (MOF) and the State Taxation Administration (STA) announced the Notice on the Continuation of Corporate Income Tax Preferential Policy in Shenzhen Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone . From January 1, 2021 to December 31, 2025, qualified enterprises engaged in encouraged industries in Shenzhen Qianhai are able to enjoy a...
