Incentives released to encourage more legal institutions to Hengqin

Hengqin recently issued a batch of comprehensive supportive measures for the legal service industry, offering a variety of subsidies and awards to attract domestic and foreign legal institutions. The measures will take effect since July 1, 2023, aiming to attract more high-quality legal institutions and promote the connection of legal rules with Macau and the international system. Based on the measures, qualified legal institutions from both China and abroad offering services such as notarization, judicial authentication, commercial arbitration and mediation can apply for subsidies and awards for office rental and further development. Mediation and arbitration institutions operating in the Cooperation Zone can apply for a special subsidy worth up to RMB1 million each year.