Law Office in Hainan was established when the Chinese government announced a plan to gradually make the Hainan island into a pilot free trade zone by 2020 and transform the entire island into a free trade port by the year 2025. This will involve inviting foreign and multi-national companies to set up their regional and international headquarters in Hainan.Goods and services would be subject to low or even no tariffs.The zone will become China’s largest free trade zone, and the first trade port since the foundation of People’s Republic of China.https://en.wikipedia.org/wiki/Hainan
Part of the plan is to establish exchanges in commodities and carbon trading, international energy, and shipping. Emphasis will also be placed on the development of service industries including tourism, the Internet, healthcare, finance, as well as conference and exhibitions hosting.
To take the historical opportunities, Law Offices of LCY established the Hainan regional office in year 2020 and this office now is becoming one of the most energetic offices as since the beginning.Till now there are thousands of investment involved with the professional service in foreign investment, corporation, taxation, etc.
The main practice areas in this region include but not limited to:
International trade
Debt collection
Foreign direct investment
Banking and finance
Mergers & Acquisitions
Tax Planning