Enjoy the dividends of the customs closure policy! Hengqin duty free import entities opened the decl

Mondo Finance Updated on 2024-03-01

On 28 February, the Finance Bureau of the Guangdong-Macao In-Depth Cooperation Zone in Hengqin (hereinafter referred to as the "Cooperation Zone") issued the Notice on the Declaration of Duty-free Import Entities in the Guangdong-Macao In-Depth Cooperation Zone in Hengqin. The "Notice" shows that the "duty-free import subject declaration" function has been developed and constructed on the smart port public service platform, and at the same time, the declaration channel for duty-free import entities has been opened.

It is understood that the "first line" between Hengqin and the Macao Special Administrative Region has been set up. Enterprises registered in the cooperation zone and with independent legal personality, administrative organs, public institutions, statutory bodies in the cooperation zone, as well as social organizations and private non-enterprise units registered in the cooperation zone import machinery and equipment (excluding aircraft, automobiles, ships and yachts and other transportation equipment), molds and spare parts for maintenance of the above commodities, infrastructure materials (excluding interior decoration and decoration materials), except for goods that are not exempt from tax exemption or bonded as expressly provided by national laws and administrative regulations, are exempt from import tariffs, import value-added tax and consumption tax.

The Guidelines for the Declaration of Duty-free Import Entities in the Guangdong-Macao In-Depth Cooperation Zone in Hengqin specify that enterprises registered in the Cooperation Zone and have independent legal personality; Administrative organs, public institutions and statutory bodies in the cooperation zone; Social organizations and private non-enterprise units registered in the cooperation zone can make declarations, and the declaration time is the first 5 working days of each month. At the same time, the qualification of duty-free import entities is declared online, and the declaration entities can be declared through the "Duty-free Import Entity Declaration" function of the "Smart Port Public Service Platform of the Guangdong-Macao In-Depth Cooperation Zone in Hengqin".

Written by] Southern + reporter Huang Tianru He Liyuan.

Co-ordinator] Liang Han.

Author] Huang Tianru; Ho Lai Yuen.

*] Southern Press Media Group Nanfang + client.

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