Core Viewpoint - The new tax management regulations for goods entering and exiting the Hainan Free Trade Port aim to promote high-quality development in the region, effective from December 18, 2025 [1][2]. Group 1: Tax Exemption and Regulations - Goods imported by eligible entities from overseas through the "first line" that are not listed in the "import tax directory" will be exempt from import duties, value-added tax, and consumption tax [1]. - Customs will impose import duties, value-added tax, and consumption tax on goods that fall within the "import tax directory" and those outside it that do not qualify as "zero tariff" or current bonded/specific tax-reduced goods [1]. Group 2: Zero Tariff Goods Management - Eligible entities must declare "zero tariff" goods to customs, specifying the nature of exemption based on the type of goods imported [2]. - "Zero tariff" goods and their processed products exported from the "first line" must follow current export customs procedures, with customs collecting export duties on taxable items [2]. - When "zero tariff" goods circulate among eligible entities within the Hainan Free Trade Port, they are exempt from paying import duties, value-added tax, and consumption tax, provided that relevant procedures are completed within 14 days of circulation [2].