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% 个人所得税（IIT）上限打包。 The IIT relief exempts the portion of actual tax burden above … Hainan FTP: incentives and who qualifiesRead more
Hainan FTP
Hainan FTP preferential CIT: practice notes
Hainan FTP encouraged-industry enterprises registered and substantively operating in the port pay CIT at 15% instead of 25%, but only through 31 December 2027. 注册并实质性运营于海南自贸港的鼓励类产业企业按 15% 而非 25% 缴纳 CIT，但该优惠仅执行至 2027 年 12 月 31 日。 “Substantive operation” requires the … Hainan FTP preferential CIT: practice notesRead more
Hainan FTP Customs Closure and the 2026 FTZ Policy Rollout
Hainan FTP’s island-wide customs closure on 18 December 2025 rests on six supporting policies: the import-taxed goods catalogue, the goods-circulation tax policy, the prohibited/restricted list, the customs supervision measures, the processing-value-add tax-collection measures, and the “second-line” port management measures. 海南自贸港全岛封关运作（2025年12月18日）依托六项配套政策：进口征税商品目录、货物流通税收政策、禁限清单、海关监管办法、加工增值免关税税收征管办法、”二线口岸”运行管理办法。 … Hainan FTP Customs Closure and the 2026 FTZ Policy RolloutRead more
China Adds Its 23rd Free Trade Zone: Inner Mongolia and the 2026 FTZ Upgrade Strategy
On 9 April 2026 the State Council published the Overall Plan for the China (Inner Mongolia) Pilot Free Trade Zone, raising China’s FTZ count to 23 — the first new FTZ of the “15th Five-Year Plan” period. 2026年4月9日，国务院发布《中国（内蒙古）自由贸易试验区总体方案》，使中国自贸试验区总数增至23个——这是”十五五”时期设立的首个自贸试验区。 The Inner … China Adds Its 23rd Free Trade Zone: Inner Mongolia and the 2026 FTZ Upgrade StrategyRead more