Tag: Hainan FTP

Hainan FTP Closure / 海南自贸港封关

Hainan FTP customs sealing: the “open first line, control second line” framework and what it means for foreign investors

Hainan FTP launched island-wide customs operation on 18 December 2025, implementing the "open the first line, control the second line, free within the island" (一线放开、二线管住、岛内自由) model. 海南自贸港于2025年12月18日启动全岛封关运作,实施"一线放开、二线管住、岛内自由"的监管模式。The "first...

Tax Incentives / 税收优惠

Hainan FTP: incentives and who qualifies

The "double 15%" packages a 15% CIT for substantively-operating encouraged-industry enterprises with a 15% individual income tax (IIT) cap for qualifying talents. 双 15% 将由注册并实质性运营的鼓励类企业适用的 15% CIT,与面向符合条件人才的 15%...

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