Hubei Free Trade Zone
Hubei Free Trade Zone is a Free Trade Zone located in Wuhan, China, established in 2016, regulated by the Hubei Free Trade Zone Administrative Committee.
Key Facts
| Type | Free Trade Zone |
|---|---|
| Location | Wuhan, China |
| Year Established | 2016 |
| Area | 119.99 hectares |
| Companies | 120 |
| Governing Authority | Hubei Free Trade Zone Administrative Committee |
| Status | active |
Investment Incentives
['Lower corporate tax rates between 15% and 9%', 'Import tax exemption until goods are moved out of the SEZ (out of the warehouse)', 'Free currency exchange rate (no fees for converting major currencies)', 'A fast and streamlined customs clearance.', 'A hub of transportation, pick and pack and logistic service providers to choose from. All nearby.', 'Faster VAT refund']
Sector Focus
Hubei Free Trade Zone hosts businesses specialising in Manufacturing, Services, and Trade.
About Hubei Free Trade Zone
The Hubei Free Trade Zone is expected to become a hub for advanced manufacturing, international logistics, and cross-border e-commerce, as well as a gateway to the central region of China.
Frequently Asked Questions
What type of zone is Hubei Free Trade Zone?
Hubei Free Trade Zone is a Free Trade Zone.
Where is Hubei Free Trade Zone located?
Hubei Free Trade Zone is located in Wuhan, China.
When was Hubei Free Trade Zone established?
Hubei Free Trade Zone was established in 2016.
Who regulates Hubei Free Trade Zone?
Hubei Free Trade Zone is regulated by the Hubei Free Trade Zone Administrative Committee.
What sectors operate in Hubei Free Trade Zone?
Hubei Free Trade Zone hosts businesses in Manufacturing, Services, and Trade.
What are the investment incentives at Hubei Free Trade Zone?
['Lower corporate tax rates between 15% and 9%', 'Import tax exemption until goods are moved out of the SEZ (out of the warehouse)', 'Free currency exchange rate (no fees for converting major currencies)', 'A fast and streamlined customs clearance.', 'A hub of transportation, pick and pack and logistic service providers to choose from. All nearby.', 'Faster VAT refund']