China plans to advance Macau-Guangdong cooperation through Hengqin Island with the goal of a “large increase” in Macau residents living and working in the zone by 2024, according to guidelines from the official Xinhua News Agency .

The corporate tax rate for companies in the Hengqin Zone will be 15%, compared to the usual 20-25% in China.

Ref: https://www.bloomberg.com