Hainan will be closed in 2025. What are the policies for living, salary, tax exemption and visa exemption?

1, enterprise income tax policy

Encourage industrial enterprises to collect enterprise income tax at a reduced rate of 15%;

Before 2025, new overseas direct investment income of tourism, modern service industry and high-tech industrial enterprises shall be exempted from enterprise income tax;

Eligible capital expenditures of enterprises are allowed to be deducted or depreciated and amortized at one time before tax in the current expenditure period.

2. Individual income tax policy

For high-end talents and talents in short supply who work in Hainan Free Trade Port, the actual personal income tax burden exceeds 15%, which shall be exempted.

3. "Zero tariff" policy

Before the island was closed, the "zero tariff" policy of Hainan Free Trade Port was implemented through "one negative and three positive" list management, that is, three positive lists of production equipment used by enterprises, vehicles and yachts used for business, raw materials produced by enterprises and imported goods consumed by residents on the island.

4. Other policies

Hainan's duty-free shopping policy for outlying island passengers: the annual duty-free shopping quota for outlying island passengers is 654.38+10,000 yuan, unlimited times.

After customs clearance:

1, simple tax system

The whole island is closed, and the value-added tax, consumption tax, vehicle purchase tax, urban maintenance and construction tax and education fee are added and degenerate, and business tax is levied in the retail of goods and services; After the whole island was closed, the tax system was further simplified after customs clearance, and only sales tax was levied. At the same time, the proposal will reduce the proportion of indirect taxes.

2. Enterprise income tax

For enterprises registered in Hainan Free Trade Port and operating substantially (except negative list industries), enterprise income tax will be levied at the reduced rate of 15%.

3. Personal income tax

No longer limited to high-end talents and talents in short supply, but individuals who have lived in Hainan Free Trade Port for 183 days in a tax year. Personal income tax is levied at progressive rates of 3%, 10% and 15%.

4. Zero tariff

After the closure of the island and the degradation of the tax system, Hainan Free Trade Port implements catalogue management of imported taxable goods, and goods outside the catalogue enter Hainan Free Trade Port and are exempt from import duties.