Hainan FTP — Zero-Tariff Expanded + Offshore Headquarters Incentive 2.0
Published: May 1, 2026
Executive Summary
Hainan Free Trade Port expanded its zero-tariff policy to cover all production equipment and raw materials (previously limited to select categories). A new "Offshore Headquarters 2.0" incentive offers qualified multinational regional headquarters 5% effective CIT rate and full foreign exchange convertibility within the FTP.
Key Points
Zero-tariff expansion: all production equipment and raw materials — not just listed categories — now enter duty-free
5% CIT: qualified regional headquarters pay effective 5% CIT (standard Hainan FTP incentive rate: 15%)
Capital account: full current and capital account convertibility within FTP (unique in mainland China)
Data flows: FTP designated as pilot zone for free cross-border data flows under negative list approach
Talent: 15% IIT cap for qualified professionals extended through 2030
Residency: new "Hainan Talent Card" provides 5-year multiple-entry visa and path to permanent residency