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Greater Bay Area to Introduce Eight Facilitation Measures

At the second plenary meeting of the Leading Group for the Development of the Guangdong-Hong Kong-Macao Greater Bay Area held on 1 March 2019, the Central Government set out eight policy measures for taking forward the Guangdong-Hong Kong-Macao Greater Bay Area’s development.

One of the measures is the method for calculating "183 days" for paying individual income tax in Mainland China. Any stay of less than 24 hours on the mainland will not count as a day of presence.

Another measure provides tax relief by municipal governments to non-mainland (including Hong Kong) high-end talents and talents in short supply by offsetting the tax differential.

Other measures include supporting the open recruitment of Hong Kong and Macao residents by public institutions in the bay area; encouraging innovation and entrepreneurship in the nine mainland cities of the bay area by the youth of Hong Kong and Macao; and supporting higher education institutions and scientific research institutes from Hong Kong and Macao to participate in projects under Guangdong technology programmes.

There are also measures to introduce immigration facilitation reform pilot schemes in the bay area, facilitate vehicles from Hong Kong and Macao entering and exiting mainland ports, and expand the implementation scope of the connection with the Speedy Customs Clearance between customs administrations.

The HKSAR Government will follow up with relevant ministries and the Guangdong Provincial Government to implement the related policies.

For further details, please access the following links:

Vice Premier Han Zheng Chairs Greater Bay Area Leading Group Meeting (in Chinese)

CE welcomes bay area measures

Content provided by Picture: HKTDC Research
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