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What regulations does the Customs have in administration upon foreign-invested enterprises and their imports and exports?
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| 2005-11-30 16:02:31 |
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The Customs has formulated the following regulations to administrate imports and exports of foreign invested enterprises in accordance with the Customs Law of the People’s Republic of China and relevant regulations:
(1) As soon as a foreign-invested enterprise’s establishment is approved, it shall handle its registration procedure at the Customs in time.
When handling the registration procedure, the enterprise shall complete the Application for Registration to Apply to the Customs, and apply with the following certificates at the Customs:
A. A duplicated copy or photocopy of the certification to approve open business;
B. A duplicated copy or photocopy of the business license issued by the Administration of Industry and Commerce;
C. The letter of financial security issued by the bank (if the Customs requires);
D. Other documents related to business activities of the enterprise.
After the application is approved, the Customs will issue a Registration Certificate to Apply the Customs and collect the flat cost as the regulated.
After acquiring its Registration Certificate to Apply the Customs, the foreign-invested enterprise shall appoint a full-time or specially-responsible declarant as the required by the Customs. The Customs will train the declarant and issue the Declarant Certificate to the trainee who passes relevant examination, Any declarant is not allowed to handle the procedure to apply to the Customs without the certificate.
(2) For the raw materials, fuel, parts in broken lot, components and devices, kits, auxiliary materials, and packing materials which the foreign-invested enterprise needs to import for performing product export contracts, they will be bonded when their import, and the custom administrate and issue the Registration Handbook of the Customs of P. R. China on the Materials the Foreign–invested Enterprise Needs to Import, and then Process and Re-export for Performing Product Export Contracts. The above-mentioned goods may be exempted to apply for Import License, the custom performs acceptance against the contract of association and by-laws and the import and export contracts of the enterprise.
(3) When handling the procedure to apply to the Customs for goods to be imported and exported, the foreign-invested enterprise shall complete an (Entry/Export)Declaration, declare at the Customs with attached transportation document; For the goods required the license, the enterprise shall let the Customs check the license.
(4) According to the relevant regulation the consignee of the imported goods shall declare at the Customs within fourteen (14) days form the day when applying to enter this country for the means of transport; and the consignor of the exported goods shall declare at the Customs twenty four (24) hours ahead of loading except the Customs’ special permission.
(5) All imported and exported goods shall accept the Customs’ check.
(6) If the imported materials and components in bond are used to produce the products sold in the domestic market, the enterprise concerned shall re-handle the procedure of import in accordance with the national regulations. For those goods required the import license, the enterprise shall let the Customs check the license, and re-pay the import tariffs and the value-added tax (VAT) for all imported material and components.
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