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Q:Are there any preferential policies for companies based in Hengqin?
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A: Companies meeting our requirements enjoy a 15 percent reduction in business income tax. Cargo transported to Hengqin from overseas for the purpose of production will be exempt from tax or enjoy bonded warehouse service. Goods sold to Hengqin-based companies from other parts of the Chinese mainland will be considered exports and enjoy tax reimbursements. Business transactions between companies based in Hengqin New Area are exempt from value-added tax and consumption tax.