Core Insights - The establishment of the Hainan Free Trade Port (FTP) is expected to bring new business growth opportunities, as highlighted by Ernst & Young's (EY) South China Managing Partner, Huang Yin [1][6] - EY has been actively involved in the development of the Hainan FTP over the past seven years, providing various professional services and benefiting from the growth [1][5] Group 1: Business Growth Opportunities - The full closure operation of the Hainan FTP is set to officially start on December 18, which is seen as a strategic milestone that will enhance the region's openness and attract global high-end industries, capital, technology, and talent [5][6] - EY has already experienced a significant increase in consulting demand since July, with inquiries coming from both multinational corporations and companies within the Guangdong-Hong Kong-Macao Greater Bay Area [6][8] Group 2: Professional Services Deployment - EY plans to bring all its service lines, including audit, tax, strategy and transaction consulting, and advisory services, to Hainan to meet the growing market demand [2][5] - The firm has completed over 450 projects related to the Hainan FTP, serving more than 300 market entities, which reflects the successful implementation of its initial expectations [5][6] Group 3: Policy Research and Implementation - EY has conducted in-depth research on the policies of the Hainan FTP, helping businesses understand and evaluate investment opportunities, including a study on 48 high-tech industry segments commissioned by the Hainan Provincial Department of Industry and Information Technology [4][5] - The transition from a list-based to a directory-based "zero tariff" policy is expected to enhance tax coverage and broaden the scope of beneficiaries, which will further attract talent and investment [8]
安永华南区主管合伙人:“海南自贸港封关将带来新的业务增长动力”
Zhong Guo Xin Wen Wang·2025-10-11 03:45