Search found 282 matches

by TropicalHainan
Tue May 23, 2023 8:35 am
Forum: Ask the community
Topic: setting up business in Hainan
Replies: 3
Views: 42608

Re: setting up business in Hainan

Hi Adrian, according to the information you have provided earlier, you are talking about registering a joint-venture, once all the required documents are ready, the estimated time for the registration is 14 days. Registration process: 1. Name verification. Documents and information required for &quo...
by TropicalHainan
Tue May 23, 2023 8:24 am
Forum: Ask the community
Topic: setting up business in Hainan
Replies: 3
Views: 42608

Re: setting up business in Hainan

Hi Adrian, can you let us know if you have any particular requirements, the more you can tell us about your business needs the better we can answer your questions. Could you please let me know: 1. Are you looking to set up a Wholly Foreign-Owned Enterprise(WFOE)? 2. What is the intended business sco...
by TropicalHainan
Thu Mar 23, 2023 3:12 am
Forum: Ask the community
Topic: Hainan suitable for frozen food import?
Replies: 7
Views: 6910

Re: Hainan suitable for frozen food import?

Hi Jared/Ian

You can find the interpretation of the Hainan Free Trade Port Tax Policy Corporate Income Tax here:

viewtopic.php?f=37&t=331&p=402#p402

Hope this helps, let me know if you have any further questions

Patrick
by TropicalHainan
Thu Mar 23, 2023 3:09 am
Forum: Hainan Free Trade Port Policies
Topic: Hainan Free Trade Port Tax Policy —— Corporate Income Tax
Replies: 0
Views: 44122

Hainan Free Trade Port Tax Policy —— Corporate Income Tax

Hainan Free Trade Port Tax Policy Corporate Income Tax Encouraged Industry Enterprises: For encouraged industry enterprises registered and substantially operated in Hainan Free Trade Port, a reduced enterprise income tax rate of 15% will be levied. How to determine if an enterprise is an encouraged...
by TropicalHainan
Thu Mar 23, 2023 1:33 am
Forum: Ask the community
Topic: Hainan suitable for frozen food import?
Replies: 7
Views: 6910

Re: Hainan suitable for frozen food import?

Hi Jared/Ian

You can find the interpretation of the Hainan Free Trade Port Tax Policy - Personal Income Tax here:

viewtopic.php?f=37&t=330&p=400#p400

Hope this helps

Patrick
by TropicalHainan
Thu Mar 23, 2023 1:28 am
Forum: Hainan Free Trade Port Policies
Topic: Hainan Free Trade Port Tax Policy - Personal Income Tax
Replies: 0
Views: 6315

Hainan Free Trade Port Tax Policy - Personal Income Tax

Hainan Free Trade Port Tax Policy - Personal Income Tax The Personal Income Tax Preferential Policy states that high-end talents and talents in short supply who work in the Hainan Free Trade Port are exempted from paying personal income tax for the portion of actual tax burden exceeding 15%. As per...
by TropicalHainan
Tue Mar 21, 2023 1:12 am
Forum: Ask the community
Topic: Hainan suitable for frozen food import?
Replies: 7
Views: 6910

Re: Hainan suitable for frozen food import?

Hi Ian Regarding your second question first, A WFOE trading and consulting company engaged in the import of frozen meat and spices may be eligible for preferential tax treatment under the Hainan Free Trade Port (HFTP) tax policy, provided it meets the relevant criteria. To be eligible for preferenti...
by TropicalHainan
Fri Mar 17, 2023 12:52 pm
Forum: Ask the community
Topic: Hainan suitable for frozen food import?
Replies: 7
Views: 6910

Re: Hainan suitable for frozen food import?

Hi Ian Hainan's location does present some challenges in terms of logistics for wholesale distribution, as it is not directly connected to China's mainland transportation network. However, the Hainan Free Trade Port has implemented several policies and initiatives aimed at improving logistics infras...
by TropicalHainan
Tue Mar 07, 2023 12:59 am
Forum: Talents, Visas and work permits
Topic: Science / chemistry teacher seeking new career opportunities in Hainan
Replies: 2
Views: 42712

Re: Science / chemistry teacher seeking new career opportunities in Hainan

Hello Chris, There are a number of industries in Hainan that could potentially be a good fit for someone with a background in chemistry. There is a growing demand for professionals in the fields of environmental protection, energy, and pharmaceuticals, (however, proficiency in Mandarin would be a pl...
by TropicalHainan
Mon Mar 06, 2023 7:34 am
Forum: Talents, Visas and work permits
Topic: High-level Talent Classification Standard for Hainan
Replies: 18
Views: 9507

Re: High-level Talent Classification Standard for Hainan

Hi Samantha, High-level talents can enjoy preferential policies for housing and individual income tax (15%). To be eligible for these benefits, they must work in the Hainan Free Trade Port and continuously pay basic pension insurance and other social insurance for more than 6 months within one tax y...