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FORTUNE China Free Trade Zone is a bonded logistics and bonded warehouse provider that offers comprehensive and integrated services, including pick and pack, sorting, inspection, labeling, processing, and storage. With 80000 square meters of storage area and the highest level of customs supervision, China Free Trade Zone provides customers with a solution that offers no customs duties with transport options available by sea, land, and air. The value-added services available are pick and pack, sorting, inspection, labeling, and processing, ensuring that customers get the highest level of service.
About China Free Trade Zones | ||
Policy and Compliance Advantages | 1. Simplified Customs Supervision | Implementing a "first-line opening, second-line control" management model, which greatly simplifies entry and exit procedures and boosts customs clearance efficiency. |
2. "Negative List" Management Model | Significantly reduces restrictions on foreign investment, providing market access opportunities for more industries and creating a more open investment environment. | |
Trade and Operational Flexibility | 1. Free Flow of Goods | Goods within the zone can be freely circulated, stored, distributed, and re-exported without paying taxes and are not subject to quota management. |
Financial Convenience | 1. Free Cross-border Capital Flow | More flexible corporate account management facilitates cross-border financing, fund transfers, and foreign currency settlements. |
2. International RMB Settlement | Makes it convenient for businesses to use RMB for cross-border transactions and settlements, effectively mitigating exchange rate risks. | |
Efficiency and Services | 1. "Single Window" Government Service | All approval and filing procedures are handled through a single platform, greatly improving administrative efficiency and reducing a company's time cost. |
2. Mature Industrial Ecosystem | A complete set of supporting services, including logistics, finance, legal, and talent, has formed a complete industrial chain and ecosystem. |
Importing goods into the FTZ | Once your operations are established, you can import goods into the FTZ. The FTZ provides streamlined customs procedures and simplified documentation requirements for imports. Depending on the specific FTZ, goods may be eligible for high customs supervision and may be exempt from import duties or enjoy reduced duty rates. |
Customs procedures and regulations | While the customs procedures are streamlined within the FTZ, there are still certain customs regulations and procedures to follow. This includes submitting import declarations, providing supporting documentation, and complying with customs requirements specific to the FTZ. |
Storage and operations within the FTZ | Imported goods can be stored and operated within the FTZ. The FTZ provides warehousing facilities and infrastructure to support various activities such as manufacturing, processing, assembly, distribution, and re-export. |
Value-added processes and services | Within the FTZ, you may have the option to perform value-added processes on the imported goods. This can include product labeling, packaging, assembly, or other value-added services that enhance the product before it is distributed or exported. |
Re-export or domestic distribution | Depending on your business model and market requirements, you can choose to either re-export the goods from the FTZ to other countries or distribute them domestically within China. For domestic distribution, the goods may still benefit from the tax incentives available in the FTZ, depending on the specific regulations of the FTZ and the nature of the goods. |