Free Trade Port policy
We help companies assess the 15% corporate income tax policy, zero-tariff arrangements, value-added processing relief and EF account services—then prepare the operating evidence behind the application.
Four policy workstreams
Each policy has a different authority, legal basis and evidence standard. Registration in Hainan is the starting point—not automatic approval.
15%
For qualifying encouraged-industry enterprises registered and substantively operating in Hainan. Current rules require real management and control over operations, people, accounts and assets.
Policy currently extended through 2027
≈74%
Following island-wide special customs operations, the zero-tariff scope expanded to roughly 6,600 tariff lines. Imported dutiable-goods catalogues and use conditions still determine treatment.
Customs classification and use matter
30%+
Qualifying goods produced by encouraged-industry enterprises may enter mainland China free of import duty when Hainan processing reaches the required value-added threshold.
Import VAT and consumption tax may still apply
EF
An integrated domestic-and-foreign-currency account framework supporting eligible cross-border settlement, exchange, investment and financing scenarios through participating banks.
Bank onboarding and transaction review apply
EF account reality check
EF accounts launched in Hainan in May 2024. By the end of 2025, 11 banks had opened 810 accounts with transactions across 91 countries and regions, according to the Hainan branch of the People’s Bank of China.
The reported time is an example, not a guaranteed service level. Bank KYC, account eligibility, transaction type, completeness and risk review determine actual timing.
Application workflow
A good policy project produces a documented decision even when the answer is “not yet.” That prevents wasted applications and gives management a plan to close genuine operating gaps.
We map the business activity, industry catalogue, ownership, location, trade flows and banking needs against the current policy conditions.
Go / no-go view
Existing contracts, revenue, people, premises, books, assets and transaction evidence are reviewed to identify missing or inconsistent support.
Evidence map
We prepare a responsibility list, document index, local coordination plan and realistic sequence for the relevant authority, customs or bank.
Actionable file
The application is coordinated with the relevant institution, and questions, supplemental documents and final handover are tracked to closure.
Local execution
Evidence by policy
This is a planning view, not an exhaustive legal checklist. The final list comes from the current rule and receiving institution.
| Evidence area | 15% CIT | Zero tariff / processing | EF account |
|---|---|---|---|
| Business fit | Encouraged-industry activity and revenue | Goods, tariff codes, production and use | Eligible entity and banking scenario |
| Operations | Management, people, accounts and assets | Import, processing, inventory and domestic sales | Contracts, counterparties and funds flow |
| Records | Books, tax returns, invoices and payroll | Customs declarations, BOM and value-added calculation | KYC, transaction documents and instructions |
| Decision maker | Tax authority under applicable rules | Customs and relevant park or authority | Participating bank under regulatory rules |
What you receive
Start with a practical plan
Tell us the industry, product or service, expected revenue, import and mainland sales flows, Hainan footprint and cross-border banking needs. We will start with an eligibility screen before recommending an application.
General information only. Registration, tax, customs and banking outcomes depend on current rules and your facts.