海南自贸港企业所得税优惠政策延续实施

Core Points - The announcement from the National Taxation Administration of Hainan Province extends the corporate income tax preferential policy for enterprises in Hainan Free Trade Port, effective from January 1, 2025, to December 31, 2027 [1] - Encouraged industries registered and operating in Hainan Free Trade Port will be taxed at a reduced rate of 15% on corporate income tax [1] Group 1 - The announcement provides clear standards for determining which enterprises are eligible for the tax benefits [1] - Eligible enterprises include resident enterprises registered in the Free Trade Port, branches of resident enterprises, and institutions or places established by non-resident enterprises in the Free Trade Port [1] - For enterprises with headquarters in the Free Trade Port, only the main and branch offices located within the Free Trade Port are considered for eligibility, excluding branches established outside the Free Trade Port [1] Group 2 - For enterprises with headquarters outside the Free Trade Port, only the branches located within the Free Trade Port are assessed for eligibility, excluding the headquarters and branches outside the Free Trade Port [1] - The announcement also states that income from new overseas direct investments made by tourism, modern service, and high-tech industries will be exempt from corporate income tax [2] - New overseas direct investments are defined as investments made between January 1, 2020, and December 31, 2027, including establishing new branches or enterprises abroad, increasing capital in existing overseas enterprises, and acquiring equity in foreign companies [2] Group 3 - The announcement allows for one-time deductions or accelerated depreciation for intangible assets in the year they become available for use [2] - Self-developed intangible assets are recognized based on the time they reach their intended use [2] - Branches and non-resident enterprises established in the Free Trade Port can also benefit from one-time deductions or accelerated depreciation and amortization policies [2]