Core Viewpoint - Starting from October 1, 2025, the cultural事业建设费 (Cultural Industry Development Fee) will be exempted in Hainan Province, aimed at promoting the development of the cultural sector and industry in the region [1][2]. Group 1: Policy Details - The cultural事业建设费 is a government fund collected from advertising and entertainment service providers, amounting to 3% of their sales revenue [2]. - The exemption applies to the entire Hainan Island, excluding Sansha City, and is limited to the local revenue of Hainan Province [2]. - The exemption will take effect from October 1, 2025, allowing taxpayers to benefit from the policy starting in the fourth quarter of that year, with no set expiration date for the exemption [2]. Group 2: Implementation and Impact - The policy aims to provide a stable and long-term expectation for market entities, facilitating the growth of the cultural industry in Hainan [2][3]. - Relevant departments, including the Provincial Finance Department and the National Taxation Bureau of Hainan Province, will collaborate to ensure effective implementation of the policy, allowing cultural enterprises to benefit from the policy dividends [3]. - The initiative is expected to enhance the cultural prosperity and support the construction of a strong cultural province in Hainan, addressing the current weaknesses in the local cultural industry [3].