WebJul 18, 2024 · The Hainan Free Trade Port Law was adopted on June 10th, 2024. The law, which went into effect as soon as it was passed, lays the legal foundation required to … WebTrading companies registered inside the Hainan Free Trade Port benefit from the following: exemption from paying tax duties on the initial importation of goods into China, a lower …

Hainan FTP policies highlight efforts to open up

WebApr 7, 2024 · China plans to turn Hainan into the world’s largest free-trade port by 2025, using lower taxes and looser visa rules to attract investors, businesses and individuals … Webthe Hainan Free Trade Port (HFTP). The Chinese central government released the “Overall Plan for the Construction of Hainan Free Trade Port” (“Overall Plan”) on June 1, 2024 to “support Hainan to explore and advance the construction of a free trade port with Chinese characteristics.” It marks a i\u0027m not always there when you call

Overall Plan for the Construction of Hainan Free Trade Port

WebMay 31, 2024 · Hainan Free Trade Port offers new business opportunities for foreign investors. 31 May 2024. In June 2024, China rolled out its master plan to build Hainan, the southernmost tropical island province, into a world-class free trade port by 2050 which can compete with other mature free trade ports like Singapore and Hong Kong. Read on to … WebThere is no storage period for the cargos in Hainan Free Trade Port, and the storage location can be chosen freely. For cargos that are subject to the “zero-tariff” policy, they are exempt from routine customs supervision. 4. Boosting liberalization and facilitation of … WebDec 13, 2024 · The Hainan Free Trade Port Law stipulates that the Hainan Free Trade Port will implement a policy of investment liberalisation and facilitation, a system featuring minimal approval procedures for … i\u0027m not always right