Super-Profits Projects:
Hainan Island - the Special Areas
Many Attractions
Located on the same latitude as
Hawaii; with its warm climate, beautiful scenes and extremely rich natural resources
( 2 million square kilometers sea area), Hainan Island has many exceptional attractions.
In additional, Hainan is the largest and the most special economic area among the 5 "Special Economic Areas" in China.
Special Invest Policies
What are the special economic policies of the Hainan Province?
(1) Hainan Province possess the power to establish local new laws. The Province Government has more power on its own economic administration.
(2) To import the equipments,
materials, fuels and tracks for the construction or production on the Hainan Island
are tax-free. The tourism industry self-using foods and certain office items are
tax-free too.
Also the companies can import production material for self-selling with a
reduced tax.
(3) All the export products that were
produced by the import materials are tax-free.
When the export products were produced by the Chinese materials, but the products'
value-added >25%, most of these products are tax-free (Except a few products that
were excluded by the State policy)
(4) Tax favoured policy for the
companies.
The business income-tax is 15%.
The companies in the development of the ports, wharves, motorways, electronic power station, mines, water system and agriculture; with a business period over 15 years. - Income-tax free for the 1-5 years, half income-tax for the 6-10 years.
The companies of industry and transport , with a business period over 10 years - Income -tax free for the 1-2 years, half income-tax for the 3-5 years. (For those companies that have been recognized by the Province Government as the "technology" enterprises, their 5-8 years' income-tax are also reduced to a half.
The companies in the service business with a period over 10 year and the investment over US Dollar $6 million or RMB 20 million Yuan. - The first year is income-tax free, the 2nd year income-tax reduces to half.
(5) Favoured international trade policy. All the registered companies in the Hainan Province, with its annual export over US Dollar $1.5million, can apply for the Import/Export license. The range of import/export products can be wider than general.
(6) Favoured financial policy. With
the permission of Chinese People Bank, it is allowed to establish the foreigner bank,
joint venture bank or other financial institution in the Hainan Province.
The Hainan Province is allowed to get the investment capital from foreigner countries
directly for the development of its economy.
(7) Favoured tourism and diplomat
policies. The Hainan Province is allowed to connect with the foreigner tourism agencies
and informing the visa situation.
It can give the permission for the foreigner company to establish their tourism business
in the province; also to permit Chinese companies set up their trade offices or tourism
offices in the foreigner countries
When the foreigners, Oversea Chinese, Hong Kong, Macao and Taiwan people come to Hainan for business, tourism or to visit their relatives, in a period less than 15 days; Hainan Government has the power to sign the instant visa for them.
(8) Investors is allowed to rent land
in the Hainan Province, The longest rent period is 70 years.
The investors may rent the land through the agreement or through the auction etc. It is
allowed to pay the rent fee at once or divided into several times. Foreigner
investors or joint venture are allowed to establish their companies to explore the
land (Including State agriculture enterprises)
(9) Protect the interests and rights
of the foreigner investors.
Welcome the foreigner companies invest on the development of port, wharf, motorway,
stores, electronic power, postal communication, aircraft, sea transport etc basic
construction projects.
Allow the foreigner companies to invest on commercial retail business with the export trade.
Encouraging the foreigner companies to do finance, insurance, consultant, lawyer, counter, estate business, as well as to run travel agency, to build hospitals and schools.
The Government protects the independence of the foreigner investors' business and their interest and right according the law.
(10) Ensuring the business here have the right to do their own independent management , including invest decision, production and marketing plans, products' prices, company administration structure, employ staff etc.
(11) Testing the new areas - "
Export Production Area" and "Free Trade Area".
In these areas, the foreigner companies are allowed to open the foreigner capital bank, to
use foreigner currency to do buy-and-sell and transaction. to do international trade
and transfer trade here. To export/import goods without limitation and permission.
HuangLong
Fishing Port & Port City Project
(Hainan, China)
Invest $10 million / 5 years / Interest rate 10%.
You will get your money back in 5 years and with $450 million profits in the next 30
years.
For investors:
If you are interested, contact us immediately.
