What are the requirements for purchasing duty-free imported vehicles in Hainan?
2 Answers
Only vehicles for operational purposes can apply for duty-free status. This not only requires the purchasing enterprise to be engaged in transportation or tourism industries, but also mandates that the vehicles must be used specifically for these two sectors. Below are detailed explanations: 1. Hainan's zero-tariff policy only applies to 'operational vehicles': It is explicitly stated that the policy primarily targets 'operational vehicles,' meaning it is unrelated to personal interests. Moreover, the policy does not completely lift restrictions and is likely to impose strict limitations on vehicle usage, quantity, technical specifications, etc. 2. A 10% vehicle purchase tax is levied in Hainan: According to the 'Vehicle Purchase Tax Law,' the current vehicle purchase tax rate is 10% of the vehicle's selling price (excluding tax), with a value-added tax rate of 13%. 3. New energy vehicles are exempt from purchase tax: From January 1, 2021, to December 31, 2022, new energy vehicles purchased are exempt from the vehicle purchase tax. New energy vehicles exempt from purchase tax include pure electric vehicles, plug-in hybrid (including range-extended) vehicles, and fuel cell vehicles.
Recently, while considering purchasing a duty-free imported car in Hainan, I realized that not everyone is eligible—there are specific conditions. First, you must be a permanent resident of Hainan or provide long-term work proof, such as being an executive or high-end talent. The identity must be genuine, and the car must be for personal use, not for resale or profit. Required documents include ID card, household registration, or employment contract. The vehicle must also pass environmental and safety inspections for registration. It's advisable to visit the local government service center in advance, prepare all documents, and avoid last-minute rushes, as this can save tens of thousands in tariffs. Additionally, quotas are limited and in high demand, so applying promptly is crucial to secure a spot. After purchase, timely registration and proper usage are required to avoid fines. The overall process isn’t overly complicated, but attention to detail can save both hassle and money.
