Hainan FTP
Doing Business in Sanya
China's Hawaii - the tourism and duty-free hub of the Hainan Free Trade Port, with 15% CIT/IIT, zero tariffs, and a growing medical tourism and yacht industry.
Why Sanya?
β
Hainan FTP: 15% CIT/IIT + zero tariffs
β
China's top tourism destination
β
Medical tourism and duty-free hub
Key Industries
TourismDuty-Free RetailMedical TourismYachting
GDP
0.10 trillion RMB
FDI
1.0 billion USD
Setup time
20-30 days
Pros & Cons
β Advantages
- β’FTP tax benefits
- β’Tourism capital
- β’Medical tourism pilot
β Challenges
- β’Tourism-dependent economy
- β’High living costs
- β’Small local market