「寰东投资」为您的企业保驾护航
寰东投资专注外商独资和中外合资公司设立、财税筹划、外国人居留许可和海外公司设立等业务。寰东团队拥有丰富的财税经验，会根据企业的的现状及预期、所在行业和平台的发展趋势，结合最新税法政策，给出最优的财税筹划解决方案，提前帮您做好财税规划。
Chinese authorities have released a list of zero-tariff commodities in a bid to boost high-quality costruction of Hainan Free Trade Port, said the Hainan provincial government.
The notice specifies that import duties, value-added import taxes and construction taxes will be exempted for imported raw and auxiliary materials consumed in the importing company's own production process, for import-process-export production activities or for import-service-export work in the process of trade in services by enterprises registered as independent leagal entities in the Hainan FTP.
The zero-tariff commodities list, the first of its kind in Hainan, covers a total of 169 items including foodstuff such as coconuts, cereals, peanuts, resource products such as coal, wood, crude oil as well as chemicals such as xylene, aircraft components and ship maintenance materials.
In case materials need to be transferred or leave the island due to bankruptcy or other reasons, approval must be obtained and taxes should be paid. For goods processed and maufactured using zero-tariff raw and auxiliary materials to be sold on the island or in the other Chinese regions, import tariffs, value-added taxes and consumption taxes are to be collected according to regulations.
Officials said that the introduction of the tariff policy will cut production cost for enterprises and help attract more talent, logistics and capital flows to Hainan to help promote construction of Hainai FTP. Liu Feng, director of the Research Center for Free Trade Port with Chinese Characteristics of Hainan Noraml University, said that the zero tariff list will help enhance the competiveness of Hainan's enterprises engaged in cargo and services trade, improve the efficiency of aviation maintenence and leasing, and enhance shipping services.
Source: Hainan Free Trade Port
