Is it possible to buy a car tax-free in Hainan?
1 Answers
Buying a car in Hainan can be tax-free, but the zero-tariff policy in Hainan only applies to "vehicles for operational use." The policy mainly targets "vehicles for operational use," meaning it is not related to personal benefits, and the policy is not completely unrestricted. There are likely to be strict limitations on the vehicle's purpose, quantity, technical conditions, etc., which implies that the tax-free policy will not bring about significant changes. Below is relevant information about Hainan's zero-tariff policy: 1. Introduction: The "Plan" states that only goods listed in the zero-tariff catalog can enjoy tax-free benefits, and it is unclear whether imported cars are included in the list. It is confirmed that tax-free transportation vehicles include ships, aircraft, and yachts imported for transportation and tourism industries within the island, meaning only vehicles with operational purposes will be tax-free. 2. Second-line concept: The "Plan" also introduces the concept of a "second line," which refers to the checkpoint between the Hainan Free Trade Port and other regions of mainland China. Tax-free goods leaving the second line to enter the mainland will require recalculated tariffs, meaning only island residents can enjoy this benefit.