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Doing Business in Hainan

Updated:2018-3-13 10:56:39    Source:www.tannet-group.comViews:432

Doing business in Hainan is a good choice for investors due to the favorable climate and rich natural there. Hainan is the smallest and southernmost province of the People's Republic of China, consisting of various islands in the South China Sea. Its economy is predominantly agricultural, and more than a half of the island's exports are agricultural products. Tourism plays an important part of Hainan's economy, thanks largely to its tropical beaches and lush forests.

Tannet has recently opened three more branches in Hainan, in the hope of better serving various demands of investors, business owners as well as farmers from both home and abroad. If you are going to set up a business in Hainan, feel free to contact Tannet. Our experienced consultants will be glad to assist and advice on how to approach your particular challenge.

Regulations on Foreign Investment in Hainan
Hainan Special Economic Zone Foreign Investment Regulations encourages foreign companies, enterprises and other economic organizations or entities to invest in Hainan Island, start various economic and social causes, and protects the legal rights of foreign businesses according to law.

Foreign capital types and investment methods, which include Sino-foreign equity joint ventures, Sino-foreign co-operative joint ventures, wholly foreign-owned enterprises and other types of enterprises permitted by law; investment methods include compensation trade, processing and assembly of supplied materials and co-operative production; participating in and buying existing enterprises; purchasing negotiable securities such as stocks and bonds; obtaining leaseholds according to law, and developing and engaging in business related to large tracts of land; and other internationally current methods of investment.

Establishment and Registration of Enterprises
Unless the State provides otherwise, the establishment of foreign investment enterprises in the Hainan Special Economic Zone shall be examined and approved by the administrative department of Hainan province in charge of economic cooperation and the agency authorized by the Hainan Provincial People's Government. Approval certificates shall be issued by the administrative department of Hainan Province in charge of economic cooperation.

Tannet’s Services for Startups
1. Market study
Every market has its own challenges that need to be mastered. And for every company the challenges can be different. Therefore, we take great care to understand your business before we develop the strategy that works best for you and for the market that you want to enter.

2. Project management
We work together with your own team to implement the project as a complete solution. We manage projects of all sizes from small to larger projects like the setting-up of a complete manufacturing facility.

3. Services sourcing
Sourcing of components, products and services in Hainan can be cost effective and a saving factor for international companies. To find the right quality at the right price is vital for every successful business.

Contact Us
If you have further inquires, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website www.tannet-group.net, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143422, or emailing to tannet-solution@hotmail.com. You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen Rd South, Luohu, Shenzhen, China.

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