Mapping Enterprise Activity Codes to Foreign Investment Scope Registrations
Mapping activity codes directly to standardized national catalog strings ensures commercial entities secure business licences without tax or invoice blocks.
Hainan Free Trade Port
Meaning
Special economic zone in southern China designed to function as a high-standard free trade territory with unique customs and tax policies. The hainan free trade port operates under a master plan that aims for zero tariffs and a simplified tax system by 2025.
Tariff Exemption
Goods entering the island for local consumption or further processing are exempt from import duties and value-added tax. Value-added manufacturing on the island that meets a thirty percent threshold allows the final product to enter mainland China duty-free.
Investment Incentive
Corporate income tax for encouraged industries stays capped at fifteen percent for qualifying enterprises. Foreign talent benefits from a similar cap on individual income tax which reduces the cost of deploying senior management to the region.
Customs Boundary
Management of the zone relies on a two-line system where the first line handles international traffic and the second line monitors movement to the mainland. Strict digital tracking of inventory prevents the leakage of duty-exempt goods into high-tax jurisdictions by linking every customs declaration to a specific warehouse location through real-time sensors. Verification of cargo occurs through a unified digital platform.
This secondary line operates as a full customs border for goods moving north.