Since the state supported Hainan to explore the construction of free trade zones and free trade ports in the province in 2018, Hainan has successively introduced a number of preferential policies for companies registered in Hainan。

From tax, industry, settlement, industrial opening and other aspects of the relevant programs and policies have been introduced, let people dizzying。These policies have attracted a lot of attention from businesses and investors。So what are the key preferential policies for the registration of Hainan companies in 2020？

Inclusive preferential policies: zero tariff, simple tax system, low tax rate

Enterprise income tax

For the general company, the most obvious advantage is the tax, let's look at the large level of tax rates, Hainan Free Trade Port's corporate income tax is up to 15%。

Until 2025, encouraged industrial companies can enjoy a 15% corporate income tax, and new overseas direct investment by companies in key industries such as tourism, modern service industries, and high-tech industries will be directly exempted from income tax。The tax rate for all companies after 2025 will not exceed 15%。而中国内地的所得税最高为25%。

Individual income tax

The development of the company is inseparable from talents, talents are closely related to their income, and for high-level talents, they need to pay a lot of personal income tax。

In the Hainan Free Trade Port, the personal income tax is up to 15%, and by 2025, high-level talents and talents in need can enjoy 15% personal income tax。After 2025, individual income tax will be levied according to specific circumstances, with a minimum of 3% and a maximum of 15%。而中国内地的Individual income tax最高为45%。

Company talent

The talents imported by enterprises registered in Hainan, the various policies of the government for talent introduction,Such as housing subsidies, talent apartments于Local residents have the same qualifications for housing, school, etc。The government also gives incentives to employers。

Zero tariff

The offshore islands are exempt from the 100,000 quota, and the imports of domestic consumption by residents of the island are exempt。Import and export tariff-free (production equipment, operation vehicles, production of raw materials, etc.)。The newly acquired assets of Hainan Company are deducted or accelerated depreciation and amortization at one time。Domestic and overseas exhibits in Hainan exhibition are exempt from tax。

Industry-related preferential policies: industry support, industry subsidies, industry incentives

Hainan Free Trade Port provides tax rebates, subsidies and incentives to companies registered in Hainan in the fields of tourism, Internet, finance, exhibition, e-commerce, medicine and health, modern logistics, low-carbon manufacturing, Marine, film and television, intellectual property rights and foreign-related lawyers。

Enterprises involved in overseas business can take advantage of Hainan's open and convenient environment to access markets, resources and overseas talents。

Hainan has adopted an open strategy in the areas of capital settlement, energy, communications, finance, education, medical care, shipping, and stay of overseas personnel。

Preferential policies related to settling: settling subsidies, settling incentives, and tax returns

The major key parks in Hainan have corresponding incentive policies for companies registered in Hainan, according to the industry and annual output value of the company。

For the headquarters (regional headquarters) enterprises located in Haikou City and Sanya City, you can enjoy the headquarters enterprise incentive policy。

In the following period of time, Hainan Free Trade Port will introduce more preferential policies for company registration。Basically, before 2025, that is, before the operation of Hainan closure, companies registered in Hainan need certain conditions to enjoy preferential policies, and it will take some time for the construction of Hainan free trade Port to prosper。

Does that mean there is no need for companies to settle in Hainan in such a hurry？

In fact, the sense of smell of capital is the most sensitive, according to the Hainan Free trade port enterprises settled in the public service platform, this year, the registered growth rate of Hainan companies ranked first in the country, domestic and foreign investors have rushed to the beach, many companies quietly completed the layout of Hainan。

In fact, the sooner a business is registered in Hainan, the better

Now Hainan has a completely open attitude toward company registration, and basically "no one refuses" to attract investment.。The company's advance layout in Hainan can enjoy high-quality and cheap land, market, brand, talent and short-term incentive policy resources in advance。

Hainan Free Trade Port enterprises in the public service platform often mentioned to mainland investors, early layout of Hainan, small competition, the lower the entry cost, the more opportunities。

The construction of Hainan Free Trade Port is a national strategy, promoted by the will of the central level, the company settled in Hainan, need to act as soon as possible。

Hainan Free Trade Port enterprises settled in the public service platform with the province's major parks, incubators, creative Spaces, commercial office buildings, focusing on the intention to register in Hainan to provide companies with registration process, government policies, preferential policies for investment, investment environment, park access conditions and other aspects of consultation and assistance。