Hainan: Implement list management for high-end scarce talents working in the Hainan free trade port and enjoying preferential policies. The part of their individual income tax burden that exceeds 15% shall be exempted.

Hainan issued the "Management Measures for the List of High-end Scarce Talents Enjoying Individual Income Tax Preferential Policies in Hainan Free Trade Port," optimizing and improving the old methods released in 2022. The management involves creating a list of high-end scarce talents who work in Hainan Free Trade Port and enjoy preferential policies. For those individuals whose actual personal income tax burden exceeds 15%, the excess will be exempted. To be eligible for the preferential policies, individuals must meet the following conditions: accumulate a residence of 183 days in Hainan Free Trade Port within one tax year, with reasonable days for off-island business trips, vacations, study or training included in the count of days of residence in Hainan Free Trade Port, but the actual residence days must not be less than 90 days. Individuals recognized by departments and units at various levels in Hainan Province with talent recognition authority, or individuals whose income in Hainan Free Trade Port reaches over 300,000 RMB within one tax year, will be eligible.