Preferential tax policies in Hainan in 2023

Hainan's preferential tax policies in 2023 mainly include:

1. Preferential corporate income tax: For encouraged industrial enterprises registered in Hainan Free Trade Port and having substantial operations, corporate income tax will be levied at a reduced rate of 15%;

2. Preferential personal income tax: for high-end talents and talents in short supply who work in Hainan Free Trade Port, the actual personal income tax burden exceeds 15%;

3. Import tax preference: For goods imported from Hainan Free Trade Port, the import value-added tax will be levied at a reduced rate of 3%;

4. Preferential business tax: change business tax to value-added tax, and gradually reduce the value-added tax rate;

5. Tax depression policy: Development zones, parks and industrial bases established in Hainan Free Trade Port can enjoy certain preferential tax policies.

This policy can be handled by self-service on Alipay, and the steps are as follows:

1. Search for "Run Zheng Tong" on Alipay or WeChat homepage;

2. Select "tax preference screening";

3. Get in touch with the Commissioner and submit the corresponding materials to start the declaration.