Hong Kong Tax Newsflash

The Mainland authorities announced that the exit endorsement for talents travelling to and from Hong Kong and Macao will be implemented in the Mainland cities of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) on a pilot basis starting from 20 February 2023, with a view to facilitating GBA Mainland talents to travel southbound to Hong Kong for exchanges and visits in the fields of scientific research, education, healthcare, law and business, etc.

Key Points:

• Six categories of talents who meet the eligibility criteria set by the Mainland authorities can apply to the Mainland authorities for the exit endorsement for talents with a validity period of five years, three years or one year, and travel to and from Hong Kong multiple times within the validity period of the exit endorsement.
• Successful applicants can stay in Hong Kong for not exceeding 30 days during each visit. 
• If the holders of the exit endorsement for talents also meet the criteria for the "Pilot Scheme on Immigration Facilitation for Visitors Participating in Short-term Activities in Designated Sectors" as expanded by the Hong Kong Government earlier on 1 February 2023, they may also come to Hong Kong to participate in designated short-term activities as visitors without the need to apply for employment entry permits.

For more information, please visit: HKSAR Government welcomes introduction of "exit endorsement for talents" by Mainland authorities (info.gov.hk)

Deloitte’s view

Deloitte welcomes this pilot scheme, facilitating exchange of relevant knowledge and experience between talents from the Mainland and Hong Kong.  

Tax Newsflash is published for the clients and professionals of Deloitte Touche Tohmatsu. The contents are of a general nature only. Readers are advised to consult their tax advisors before acting on any information contained in this newsletter.

If you have any questions, please contact our professionals:

Global Employer Services
National Leader
Maria Liang
Partner
+86 21 6141 1059
mliang@deloitte.com.cn

Immigration Services
National Leader
Cecille Yang
Partner
+86 21 6141 1440
cyang@deloitte.com.cn

Southern Region Leader
Mona Mak
Partner
+852 2852 1051
monmak@deloitte.com.hk