- country
- China
- incentives
- Companies in encouraged industries registered in the Hainan FTP benefit from a reduced 15% corporate income tax rate (extended through Dec 31, 2027). High-end and urgently needed talent are exempt from individual income tax on the portion exceeding a 15% effective rate (also through end of 2027). Island-wide independent customs operations launched December 18, 2025, with a 'two-line' tariff system where about 74% of imported goods enter tariff-free.
- zone type
- free_zone