Hainan Representative Office Registration
Update time：2020-6-26 16:12:07 source：Tannet Views：707
Hainan free trade port will be opened systematically. Tomorrow, Hainan will be a world-class business paradise, investment paradise and shopping paradise in the city. The implementation scope of the whole island is called free trade port. Hainan will become the Pearl of the South China Sea. By the middle of this century, a high-level free trade port with strong international influence will be built in an all-round way.
The advantages to invest in Hainan
On June 1, the Central Committee of the Communist Party of China and the State Council issued the "Overall Plan for the Construction of Hainan Free Trade Port", and issued a notice requesting all regions and departments to implement it seriously in accordance with the actual situation. It signifies that the construction strategy of Hainan Free Trade Port has entered the stage of full implementation.
1. Maximum personal income tax of 15 percent for eligible talents.
2. Corporate income tax of 15 percent on encouraged industrial enterprises.
3. Exempt from corporate tax on the income acquired from new foreign direct investment before 2025 for tourism, modern services and high-tech industry enterprises.
4. Replace pre-audit with post-audit for the banking sector on authenticity review of cross-border and new international trade.
How to register a representative office in Hainan?
A Representative Office is a local window established by a foreign company in need to represent its activities like market research, PR and suppliers visits.
What is the minimum investment required to set up a Hainan Representative Offices?
There are no registered capital requirements for a Representative Office but local expenses need to be handled via overseas remittance from the Foreign Company.
What can you do with a Hainan Representative Office?
Permitted activities include:
Business development
Establishing partners
Rendering advice
Preparation of market studies and general collection of information
Liaising with authorities and business partners
Contact us
If you have further inquires, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website www.tannet-group.net, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143410, or emailing to info@citilinkia.com. You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen Rd South, Luohu, Shenzhen, China.