Collection! Hainan free trade port tax, new offshore international trade and other special financial policies.

Collection! Hainan free trade port tax, new offshore international trade and other special financial policies.

Recently, special financial policies such as Hainan Free Trade Port tax, new offshore international trade, QFLP/QDLP and trade settlement facilitation have been sorted out.

Zero tariff

On the other hand, Hainan Free Trade Port implements "three positive and one negative list management", and the raw materials, vehicles, yachts and self-use production equipment in the free trade port are exempted from import duties, import value-added tax and consumption tax.

According to the Customs Supervision Measures of Yangpu Bonded Zone, goods produced by industrial enterprises encouraged in the zone that do not contain imported materials or contain imported materials and are processed in Yangpu Bonded Port Area with a value-added of more than 30% are exempted from import duties when entering the country and sold outside the zone.

business income tax

For encouraged industrial enterprises registered in Hainan Free Trade Port and having substantial operations, the enterprise income tax shall be levied at the reduced rate of 15%. At the same time, the Catalogue of Encouraged Industries in Hainan Free Trade Port was released, adding 14 large industries and 143 sub-industries to the existing catalogue of encouraged industries in the country, which basically covered the key industries and fields in the construction of Hainan Free Trade Port.

individual income tax

For high-end talents and talents in short supply who work in Hainan Free Trade Port, more than 5% of personal income tax/kloc-0 is exempted.

Innovation policy of free trade port

1, new offshore international trade

Since the construction of free trade port, Hainan's new offshore international trade has developed rapidly. From 1 to February this year, Yangpu's offshore trade settlement has reached 1.72 billion US dollars.

Hainan has issued a package of support policies for building a new regional offshore international trade center. The Notice on Supporting Hainan to Develop Foreign Exchange Management of New Offshore International Trade and the Notice on Supporting Hainan to Develop Free Trade Accounts for Offshore Economic and Trade Business clearly support the development of offshore business. Hainan is the only province in China supported by the People's Bank of China and the State Administration of Foreign Exchange. New offshore international trade is also listed in the encouraged industries, and enterprises can enjoy the preferential income tax rate of 15%.

2.QFLP and QDLP

On June 5438+ 10, 2020, the Provincial Local Financial Supervision Bureau and other departments jointly issued the Interim Measures of Hainan Province on Carrying out Domestic Equity Investment of Qualified Foreign Limited Partners; In April, 20021,the Interim Measures for Hainan Province to Carry out the Pilot Work of Overseas Investment by Qualified Domestic Limited Partners was promulgated, which marked the official opening of Hainan's cross-border two-way investment and financing channel, and laid a good foundation for promoting the freedom and convenience of free trade and investment in Hainan and attracting domestic and foreign investment.

At the same time, in the Catalogue of Encouraged Industries of Hainan Free Trade Port, the construction of two-way open service system for cross-border investment and financing is included in the catalogue, and corporate income tax is levied at a reduced rate of 15%. The favorable policies and tax advantages will attract a large number of funds or fund managers to register.

The main features of Hainan QFLP policy are:

1. Registration is simple and efficient.

There is no joint trial mechanism;

2. The entry threshold is the lowest in China.

QFLP enterprise registration has no minimum entry threshold;

There is no difference between domestic investment and foreign investment.

The requirements of domestic and foreign QFLP management enterprises are the same, which embodies the principle of fairness;

4. Negative list management of foreign investment

By adopting an exception, it reserved space for QFLP funds to invest in secondary market stocks and conduct corporate bond transactions, which was better than the negative list in Shanghai and was the first in China.

5. Preferential policies are the strongest.

From the aspects of personal income tax, supporting preferential measures and park landing incentives,

The main features of Hainan QDLP policy are:

1. Minimum registered capital requirements.

The registered capital of the pilot management enterprise is not less than 5 million yuan;

2. Shareholders have the lowest qualification requirements.

The controlling shareholder of the pilot management enterprise has not been severely punished by the local regulatory authorities in recent 1 year;

3. The scope of fund investment is the clearest.

. The overseas investment scope of the pilot fund is clearly listed, and it can be invested in overseas secondary markets, unlisted enterprises and financial derivatives.

4. Extreme applications are the least.

. Within the total amount of pilot projects in Hainan, there is no quota limit for individual pilot fund management enterprises and pilot investment projects;

5. Flexible adjustment of investment quota

. The overseas investment quota of QDLP pilot enterprises shall be managed in a balanced way, and the pilot fund management enterprises may initiate the establishment of multiple pilot funds, and flexibly adjust the overseas investment quota of a single pilot fund among the funds established by them. The sum of the overseas investment quotas of each pilot fund shall not exceed the overseas investment quotas of the pilot fund management enterprises approved by the relevant pilot units.

At present, Hainan QDLP foreign investment pilot has been approved, with a pilot investment quota of 5 billion US dollars.

According to the Notice of Hainan Branch of the State Administration of Foreign Exchange on the Pilot Work of Facilitating Trade Foreign Exchange Receipts and Payments, banking institutions implement more convenient measures when handling trade receipts and payments for high-quality enterprises.

Pilot banks can optimize the examination of trade foreign exchange receipts and payments documents and simplify the examination of import declarations. Pilot enterprises are exempt from the registration procedures for special foreign exchange refund business for goods trade. Further promote cross-border trade in goods, services and new international trade settlement facilitation.

The All-China M&A Association was approved by the All-China Federation of Industry and Commerce in 2004 and registered as 20 12 in the Ministry of Civil Affairs. Headquartered in Beijing, the administrative unit is the All-China Federation of Industry and Commerce.

As the only financial industry chamber directly under the All-China Federation of Industry and Commerce, the All-China M&A Association now has nearly 150 institutional members and more than 4,000 individual members, and has established 19 committees on law, funds, standards, international, M&A rights protection, blockchain, credit management, financial culture, financial technology, investment and financing of small and medium-sized enterprises, etc.

detail

Financial Policy of Hainan Free Trade Port

Please contact

Miss Zheng from Tengbo International.