Hainan offers tax cut for international ships

Continuing initiatives to develop Hainan as a special economic zone in China is offering a value-added tax concession for vessels registered there.

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China’s Ministry of Transport, General Administration of Customs and Ministry of Foreign Affairs jointly issued the notice to further prevent and control the cross-border spread of Covid-19 pandemic for international ships.

Effective from 24 September, the announcement is applied for all the international ships which are going to berth at China.

According to the notice, if the international vessels changed crews at the port within 14 days before berthing at China, the crew members need to have taken a Covid-19 test within three days ahead of the boarding date with negative results required.

The Covid-19 tests much be carried out by organizations designated by Chinese embassies and consulates abroad.