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Due to the changes to the individual tax law and regulations in both Hong Kong and mainland China in the past few years, expatriate (including Hong Kong, Macau and Taiwan) individuals working in mainland China find it very challenging in dealing with cross-border tax issues especially when their work patterns were forced to be changed due to the Covid-19 pandemic. The upcoming expiration of preferential tax treatments on fringe benefits (i.e. housing rental, language training, or children's tuition) in mainland China undoubtfully adds another layer of difficulty to the situation.

Meanwhile, some local governments and tax bureaus have launched different tax subsidies to attract talents to work in specific cities – including the Greater Bay Area Subsidies where many expatriates are looking into applying to reduce cost and enjoy a tax rate at the same level as in Hong Kong. Who are eligible for the Subsidies and how do they work? Amidst all the developments, how could organizations structure their workforce to attract and retain their talents?

In this webinar, speakers will discuss with you some key policy changes (as well as opportunities) for expatriates working in mainland China, share our insights and potential solutions – including the general timeline(s), calculation(s), and eligibility of talents applying for Greater Bay Area Subsidies. The speakers will also discuss what should be considered from both the individual income tax and corporate income tax perspectives when tackling these issues and challenges.



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