4 FAQs about Hainan Free Trade Port Data Center Cabinet 60kW System Integration

What is Hainan free trade port?

Enterprises whose entities registration and service facilities are located at the Hainan Free Trade Port are allowed to develop online data processing, transaction processing and other services across the free trade port and internationally, and gradually conduct business across the country under the secure and controllable conditions.

Does Hainan free trade port require customs formalities?

There is no need to go through customs formalities for goods transshipped to the rest of China at the Hainan Free Trade Port. They shall be loaded and unloaded at the workplaces (sites) under customs supervision in the free trade port, stored separately from other goods under customs supervision, and identified with obvious marks.

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.

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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