China Tax & Investment Express Issue No. 2021032 - Rules of Hainan on the Reward for Relocated High and New Technology Enterprises

China Tax & Investment Express (CTIE) brings you the latest tax and business announcements on a weekly basis. We selected some comparatively key announcements to provide for a synopsis and we also provide a link that leads you to the full content of each latest announcement (in Chinese).

Matters covered in this issue include: Notice issued by the Science and Technology Department of Hainan Province regarding the “Rules of Hainan on the Reward for Relocated High and New Technology Enterprises (HNTEs)”; Notice issued by the Science and Technology Department of Hainan Province regarding the “Rules of Hainan on the Reward for Incremental Research and Development Expenditures of HNTEs”; Public notice (PN) issued by the Commerce Department of Hainan Province regarding public opinion consultation on the “Administrative Measures of Hainan Free Trade Port on the Negative List of Cross-Border Trade in Services (Trial)” (Discussion Draft); PN issued by Hainan Provincial Administration for Market Supervision regarding public opinions consultation on the “Exemption List of Market Entities’ Minor Violations for Market Supervision in Hainan (Discussion Draft)”; Notice issued by the Administrative Committee of the Lin-gang Special Area of the China (Shanghai) Pilot Free Trade Zone regarding the “Implementation Rules on the Pilot Reform of the Commitment Mechanism for Enterprise Investment Projects in the Lin-gang Special Area”; etc.

Please feel free to contact your EY client service professionals for further assistance if you find the announcements have an impact on your business operations.