Shenzhen has a 25% headline corporate tax rate; occupiers must also model property taxes and any local occupancy levies on top of rent.

  • Headline corporate tax: 25%.
  • Property taxes / business rates / equivalents are a separate line item — model them explicitly.
  • Cross-border occupiers should screen for local incentives (free zones, IP regimes, R&D credits).

Shenzhen corporate taxes and occupancy taxes

Shenzhen has a 25% headline corporate tax rate; occupiers must also model property taxes and any local occupancy levies on top of rent.

TL;DR

  • Headline corporate tax: 25%.
  • Property taxes / business rates / equivalents are a separate line item — model them explicitly.
  • Cross-border occupiers should screen for local incentives (free zones, IP regimes, R&D credits).

Corporate tax

Shenzhen levies an effective corporate tax of around 25% on most C-corps. Cross-border holding structures and IP regimes can materially change the effective rate; engage local tax counsel early.

Occupancy and property taxes

25% standard Chinese corporate income tax. 15% Qianhai Free Trade Zone rate for qualifying enterprises. HNTE (15%) and other tech-sector incentives available.

Key facts

cityShenzhen
countryChina
regionAPAC
classARentLocal290 CNY/sqft/yr
classARentUsd$40/sqft/yr
vacancy24.8%
typicalLeaseYears5
typicalRentFreeMonths10
submarkets5
primeYieldPct5.4%
corporateTaxPct25%

Frequently asked questions

What is Shenzhen's corporate tax rate?
Around 25% on most C-corps. Local incentives, IP regimes, and structuring change the effective rate materially.

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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