4 FAQs about Quotation for a 30kW Power Storage Cabinet Project in Hainan Free Trade Port

Who is covered by the Hainan free trade port catalogue?

The Catalogue applies to enterprises engaged in production and operation activities in Hainan Free Trade Port. Among these, foreign-invested enterprises are governed by the Catalogue of Encouraged Industries for Foreign Investments (2019 Edition).

How will Hainan free trade port develop a competitive tax system?

26. Phased implementation. Based on different phases of the construction of Hainan Free Trade Port, zero tariffs, low tax rates and a simplified tax system will be arranged and implemented in steps to develop an internationally competitive tax system. (9) Social governance.

What is a rule-of-law system for Hainan free trade port?

(10) Rule-of-law system. We must establish a rule-of-law system for the free trade port mainly comprising local regulations and commercial dispute resolution mechanisms based on the Hainan Free Trade Port Law, and create a world-class rule-of-law environment for Hainan Free Trade Port.

Should we support the established trading venues in Hainan free trade port?

We should support the established trading venues in the Hainan Free Trade Port to roll out rules and institutional systems aligned with international practices in terms of membership, trading, taxation, clearance, settlement, protection of investor rights, and anti-money laundering.

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