The bonded zones are mainly responsible for bonded warehousing, re-export trade, simple processing and other functions, while the comprehensive bonded zones, on this basis, to further expand the international procurement, distribution and distribution, international transit, as well as research and development, processing, manufacturing and other businesses.
I. Functional Positioning
A bonded zone, as a special customs supervisory area, mainly undertakes the functions of bonded warehousing, re-export trade, simple processing and commodity display. Its goal is to provide a relatively free trade environment for enterprises and facilitate their international trade activities.
The comprehensive bonded zone further expands its functional scope on the basis of the bonded zone. In addition to the functions of a bonded zone, it adds international procurement, distribution and distribution, and international transit, while encouraging the development of high-end industries such as research and development, processing, and manufacturing to create a comprehensive platform with international competitiveness.
Second, Policy Benefits
Both bonded zones and comprehensive bonded zones enjoy certain policy benefits in terms of taxation and foreign exchange management. Enterprises in the bonded zones can enjoy the reduction and exemption of import tariffs and import VAT, but they are still required to pay the relevant taxes and fees at the export stage.
The comprehensive bonded zone is more flexible and rich in tax incentives. It can formulate personalized tax incentives according to the actual needs and business characteristics of enterprises in order to attract more high-end industries and enterprises to move in. In addition, the comprehensive bonded zone also enjoys convenient policies in foreign exchange management and other aspects, providing enterprises with more convenient capital settlement and cross-border financing services.
Third, the regulatory mode
The bonded zones and the comprehensive bonded zones are also different in the regulatory mode. The bonded zone adopts a relatively simple supervision mode, mainly focusing on the management of goods in and out of the zone, and carries out a certain degree of supervision on the business activities of enterprises in the zone.
The comprehensive bonded zone adopts a more stringent regulatory approach to ensure the compliance and safety of business in the zone. It employs information technology to conduct real-time monitoring and data analysis of the business activities of enterprises in the zone, while strengthening the coordinated supervision of customs, taxation, foreign exchange and other departments to ensure the effective implementation of various policies.
In summary:
The difference between bonded zones and comprehensive bonded zones is mainly reflected in the functional positioning, policy preferences and supervision methods. Bonded zones are mainly responsible for bonded warehousing, re-export trade and other functions, while comprehensive bonded zones further expand the international procurement, distribution and delivery business on this basis, and enjoy more flexible and rich tax preferential policies. At the same time, the Comprehensive Free Trade Zone adopts a more stringent regulatory approach to ensure the compliance and safety of business in the zone.
Legal basis:
The Customs Law of the People's Republic of China
Article 33 stipulates:
The state implements a bonded system. Import duties are not levied on imported goods for a certain period of time.
The People's Republic of China Customs Bonded Warehouses and Stored Goods Management Regulations
Article 2 states:
Bonded warehouses are warehouses approved by the Customs and set up specifically for the storage of bonded goods and other goods that have not completed the customs procedures.