Core Points - The recent release of the "Personal Income Tax Preferential Policy Application Guide" by Qianhai Tax Bureau and Bao'an District Tax Bureau aims to facilitate the personal income tax policy for Hong Kong residents working in the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone [1][2] - The policy states that Hong Kong residents working within Qianhai will be exempt from personal income tax on the portion that exceeds the tax burden in Hong Kong [1][2] Summary by Sections Application Timeline - The annual settlement period for comprehensive income tax is set from March 1 to June 30 of the following year; the declaration period for operating income is from January 1 to March 31 of the following year [2] - Subsidized income that meets the preferential conditions will follow the same application timeline as comprehensive and operating income [2] - Even non-resident individuals who do not need to settle accounts can apply between March 1 and June 30 of the following year [2] Application Process - Offline applications require photocopies (originals for verification), while online applications involve uploading color electronic documents [2] - Hong Kong residents can use the "Hong Kong Tax e (Qianhai) Personal Tax Preferential Reduction Calculation" feature on the Natural Person Electronic Tax Bureau Web or the "iQianhai" homepage for self-calculation of tax reductions [2] - Residents also have the option to choose between online or offline channels for tax reduction (refund) applications or to delegate the process [2] Broader Policy Context - The release of the application guide is a significant step in optimizing the business environment in Qianhai and attracting talent from both domestic and international sources [2] - Qianhai offers a comprehensive set of supportive policies for various sectors, including finance, legal services, trade logistics, technological innovation, and more [2][4] - Detailed information about these policies can be accessed through the "iQianhai" mini-program and the "Qianhai Enterprise Service Integration Platform" [2][4]