Hainan FTZ: Offshore Investment & Tax Benefits Guide

Improve the classified management of manufacturing enterprises

Recently,the Department of Commerce of Hainan Province released the Investment Promotion Guide for Overseas Investment in the Hainan Free Trade Port.To help enterprises make better use of the policies of the Hainan Free Trade Port and facilitate the stable and healthy development of foreign investment,the Guide analyzed the policies of the Hainan Free Trade Port,demonstrated the application scenarios of the policies with examples,provided guidance for Hainan business entities to engage in overseas investment,and helped enterprises make full use of the policies of the Hainan Free Trade Port and explore diversified international markets.

The Guide is divided into four parts: Why Choose Hainan,Investment Forms and Approval/Registration Process,Tax Exemption for Overseas Direct Investment Income of Three Major Industries,and Case References.The Guide pointed out that the introduction of the Overall Plan for the Construction of the Hainan Free Trade Port and the effective implementation of policies have greatly stimulated the vitality of various market entities.At the same time,the entry into force and implementation of the Regional Comprehensive Economic Partnership Agreement (RCEP) have brought more opportunities and conveniences for the foreign investment of the Hainan Free Trade Port.The Guide introduced in detail the investment forms,company registration process,overseas investment approval/registration process,etc.

The "Overall Plan for the Construction of Hainan Free Trade Port" clearly states that for enterprises in the tourism,modern service,and high-tech industries established in Hainan Free Trade Port,the income from new overseas direct investments made before 2025 will be exempt from corporate income tax.The "Guide" introduces the "tax-free preferential policies for overseas direct investment income in the three industries" from aspects such as legal conditions and scenario demonstrations.Enterprises can apply for this through the following channels:download the Guide.