The Ministry Of Finance Announces The Details Of Hainan Offshore Duty-Free Policy &Nbsp, With No More Than 5000 Yuan Per Person Allowance.

In order to speed up the construction and development of Hainan's international tourism island, the State Council has decided to develop Islands's tax-free shopping in Hainan province.

The Ministry of Finance said the Ministry of Commerce, the General Administration of customs and the State Administration of taxation have determined the details of offshore duty-free policy.

Offshore duty-free policy applies to domestic and foreign tourists who are 18 years of age, who leave Hainan without leaving the island, including Hainan residents.

Islands tax-free shopping must meet the following conditions: have purchased Islands ticket and valid identity card, domestic travellers hold resident identity cards (Hong Kong, Macao and Taiwan passengers with valid travel documents), foreign passengers hold passports, pay duty-free goods in the designated Islands duty-free shops, buy tax-free goods, the number of goods and duty-free shopping times, amount and quantity within the scope stipulated by the state, and obtain shopping vouchers according to the regulations.

The notice points out that the duty free shop in Islands is a duty free shop with the qualification of offshore duty-free policy and franchising.

Haikou and Sanya have set up a Islands duty-free shop to conduct pilot projects.

Among them, Sanya duty-free shops in the original approval of the establishment of the duty-free shops on the basis of the city, the increase in the implementation of offshore duty-free policy function, starting from the date of implementation of this bulletin to start the pilot.

Haikou duty-free shops are to be identified as the main business entities, location and supporting facilities of the duty-free shops in Islands.

Offshore duty-free policy duty-free products are limited to imported products. During the pilot period, the specific products are limited to 18 kinds: jewelry, handicrafts, watches, perfume, cosmetics, pens, glasses (including sunglasses), scarves, neckties, woollen goods, cotton fabrics, clothing and accessories, shoes and hats, belts, bags, small leather goods, candy and sporting goods. The state regulations prohibit the import and 20 kinds of goods that are not exempt from tax.

Tax-free taxes are tariff, import value-added tax and consumption tax.

According to the announcement, the non island residents can enjoy up to 2 Islands tax-free shopping policies per person per year, and the residents can enjoy 1 times a year.

After shopping, Islands is the 1 time for tax-free shopping.

The identity of the residents in the island is identified by the issuing organ of the resident identity card as the main basis.

The amount of tax-free shopping per person in Islands, including the residents of the island, is set to be less than RMB 5000 yuan (including 5000 yuan), which is within 5000 yuan (including 5000 yuan). The total purchase amount per person can not exceed 5000 yuan per person. The amount of duty-free goods is limited to 2 pieces except cosmetics, pens, clothing, clothing, small leather goods and candy.

In addition, passengers can purchase 1 pieces of goods with a unit price of more than 5000 yuan per person per time under the conditions of full payment of import duty on dutiable goods.

The announcement also made clear the main implementation process of offshore duty-free policy, that is, Islands duty-free shops imported duty-free commodities, Islands tourists in the shop to purchase payment, duty-free shops pported goods according to passengers' time in Islands, passengers pick up goods at the airport isolation area and take the opportunity to pport Islands and other links.

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