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● Companies in the Yangshan Free Trade Port Area are exempted from duty and import VAT for self-use machines, equipment, infrastructure materials, facilities for manufacturing, spare parts for maintenance, and office facilities in the port zone.
● Merchandise (raw material, spare parts, and packing materials) from overseas origin for manufacturing purpose and transit goods are duty-free.
● Merchandise of overseas origin (except those in the range of the management of export passive quota) is free of exit-entrance license and exempted from export quota management.
● Merchandise is allowed for stocking in the Yangshan Free Trade Port Area without time limit.
● Companies located in the area do not require bank margin accounts for processing trade and write-off system for the companies in the bonded zone.
● Companies located in the area can make consolidated Customs declaration for the merchandise that will enter the domestic market.
● Maintenance service of machines for export is allowed in Yangshan Free Trade Port Area |