What are the requirements for purchasing duty-free vehicles in Hainan?

[ValerieFitz]

Hainan duty-free vehicle purchase conditions require corporate qualifications, which means that before the island-wide customs closure operation, companies must be registered in the Hainan Free Trade Zone and have independent legal person status to purchase such duty-free vehicles. Duty-free vehicle scope: Only domestically produced or joint-venture vehicle models approved by customs can apply for duty-free purchase. Imported models and domestically produced models not within the duty-free scope do not qualify for this duty-free policy. Duty-free vehicle benefits: The benefits mainly include two aspects: exemption of tariffs on major imported components of domestically produced vehicles, and exemption of the 10% vehicle purchase tax based on the vehicle's taxable price.