(I) Preferential Tax Policies
1. Infrastructure materials and imported equipment are exempted from import tariffs and import link taxes.
(1) Tax exemption for machinery and equipment required for productive infrastructure construction projects and infrastructure materials required for the construction of production plants and warehousing facilities in the zone;
(2) Tax exemption for machinery, equipment, molds and spare parts for their maintenance required for production by the enterprises in the zone;
(3) Reasonable quantities of office supplies for self-use by the enterprises and administrative organizations in the zone. Machines and equipments imported from abroad by enterprises in the zone for their own use are exempted from tax.
2. Imported goods into the zone are bonded.
3. Domestic (within and outside the zone, the same below) goods into the zone as if they were exported to implement the export tax rebate.
4. The goods in the zone are sold within the country according to the relevant provisions of the import of goods for customs clearance procedures, and the actual state of the goods tax.
5. Transactions of goods between enterprises in the zone are exempted from value-added tax and consumption tax.
(2) Trade Control Policies
Except as otherwise provided by laws, administrative rules and regulations, import and export quotas and licenses are not applied to the management of goods imported and exported to and from abroad.
(3) Bonded Supervision Policy
There is no storage period for bonded stored goods in the zone; processing enterprises in the zone are not subject to bank deposit ledger management; and there is free flow of goods between enterprises in the zone.
(4) Foreign Exchange Policy
The inbound and outbound goods are not subject to foreign exchange verification procedures, and the inbound and outbound goods (inside and outside the zone) can be settled in foreign currencies or RMB.
The eight businesses that can be carried out in the comprehensive bonded zone:
1, storage of imported and exported goods and other goods for which customs formalities have not been completed;
2, foreign trade (including international re-export trade);
3, international purchasing, distribution and delivery;
4, international transit;
5, testing and after-sales service repairs;
6, merchandise purchasing and distribution; and p>6, Merchandise display;
7, Research and development, processing and manufacturing;
8, Other businesses approved by Customs.