海南自贸港鼓励类产业企业实质性运营政策延续

Core Viewpoint - The announcement by the Hainan Provincial Taxation Bureau, Provincial Finance Department, and Market Supervision Administration aims to clarify the substantive operation standards for enterprises in encouraged industries within the Hainan Free Trade Port, promoting high-quality development in the region [1][2]. Group 1: Policy Implementation - The policy execution period is set from January 1, 2025, to December 31, 2027 [1]. - The announcement details the criteria for determining substantive operations, including production and management location, personnel, accounting, and assets [1]. Group 2: Substantive Operation Requirements - In terms of production and operation, enterprises must meet one of two conditions: either have their main production and operation location in the Free Trade Port or have a management institution that exercises substantial control over production and operations located in the Free Trade Port [1]. - For accounting management, enterprises are required to store accounting documents and open basic deposit and main business settlement accounts within the Free Trade Port [2]. - The asset requirements stipulate that necessary production and operation assets must be used within the Free Trade Port, with specific considerations for transportation assets and intangible assets like patents [2].