Hainan Free Trade Port enjoys preferential personal income tax policies,Interim Measures for the Management of the List of High-end and Shortage Talents

Article 1 In accordance with the provisions of the Overall Plan for the Construction of Hainan Free Trade Port and the Notice of the Ministry of Finance and the State Administration of Taxation on the Individual Income Tax Policy for High-end and Shortage Talents in Hainan Free Trade Port (Finance and Taxation [2020] No. 32), these Measures are formulated to implement the individual income tax preferential policies for high-end and shortage talents in Hainan Free Trade Port.
Article 2 Hainan Province implements list management for high-end and shortage talents who enjoy preferential policies.
Article 3 High-end and shortage talents who enjoy individual income tax preferential policies must work in Hainan Free Trade Port and pay basic pension insurance and other social insurance in Hainan Free Trade Port for more than 6 months in a tax year (including December of the current year), and have signed labor contracts or employment agreements and other labor relationship certification materials with enterprises or units registered and substantially operated in Hainan Free Trade Port for more than 1 year.
Overseas high-end talents and overseas shortage talents who are unable to pay social insurance must provide labor contracts or employment agreements and other labor relationship certification materials signed with enterprises or units registered and substantially operated in Hainan Free Trade Port for more than 1 year.
Article 4 High-end talents who enjoy preferential policies for individual income tax shall, in addition to meeting the requirements of Article 3, also meet one of the following conditions:
(a) They are talents recognized by talent management departments at all levels in Hainan Province.
(b) Their income in Hainan Free Trade Port reaches RMB 300,000 or more in a tax year (Hainan Province implements dynamic adjustments based on economic and social development conditions).
Article 5 In addition to meeting the requirements of Article 3, scarce talents who enjoy preferential policies for individual income tax shall also meet the scope of the list of scarce talents in the industries in Hainan Free Trade Port.
The talent management department of Hainan Province is responsible for publishing the list of scarce talents in the industries in Hainan Free Trade Port and updating it in due course.
Article 6 The talent management department of Hainan Province shall, in conjunction with relevant departments, regularly submit the list of high-end talents and scarce talents who enjoy preferential policies for individual income tax to the tax department of Hainan Province in accordance with the provisions of these Measures. The tax department of Hainan Province may also temporarily propose to determine high-end talents and scarce talents as needed, and the talent management department of Hainan Province shall cooperate.
Article 7 Those who are determined to be high-end talents and scarce talents shall enjoy preferential tax policies in the current year. Those who no longer meet the requirements of high-end talents and scarce talents shall not enjoy preferential tax policies in the current year.
Article 8 Persons who are listed as targets of joint punishment for dishonesty in accordance with the law shall not enjoy the individual income tax preferential policies.
Article 9 Relying on the Hainan social management information platform, Hainan Province's talent management departments, social security, taxation and other departments should strengthen in-process and post-process supervision, conduct random inspections on the tax preferential conditions of high-end talents and scarce talents, and carry out risk assessment and risk response work based on the inspection results. Article 10 If there are objections or disputes about talents enjoying tax preferential policies, the talent management departments at all levels in Hainan Province shall take the lead in coordinating and resolving them. If there are objections or disputes about whether the enterprises or units to which the talents belong have carried out substantive operations in the Hainan Free Trade Port, the market supervision and management departments of Hainan Province shall take the lead in coordinating and resolving them.
Article 11 The Talent Development Bureau of the Hainan Provincial Committee of the Communist Party of China, the Hainan Provincial Department of Finance, and the Hainan Provincial Taxation Bureau of the State Administration of Taxation shall formulate specific implementation regulations in conjunction with these measures.
Article 12 These measures shall be implemented from January 1, 2020 to December 31, 2024.