FREE TRADE ZONE SERVICES

A free trade zone (FTZ), also called foreign-trade zone, formerly free port is an area within which goods may be landed, handled, manufactured or reconfigured, and re-exported without the intervention of the customs authorities. Only when the goods are moved to consumers within the country in which the zone is located do they become subject to the prevailing customs duties.

Free-trade zones are organized around major seaports, international airports, and national frontiers-areas with many geographic advantages for trade. It is a region where a group of countries has agreed to reduce or eliminate trade barriers. Free trade zones can be defined as labor intensive manufacturing centers that involve the import of raw materials or components and the export of factory products.

In China, there are a variety of bonded areas throughout China: free trade zones (FTZs), export processing zones (EPZs), bonded logistics parks (BLPs), bonded ports (BPs), and comprehensive bonded zones (CBZs), and we are currently providing FTZ services in following FTZ.

Dalian Free Trade Zone

Qingdao Free Trade Zone

Tianjin Free Trade Zone (BinHai, Dong Jiang)

Shanghai Free Trade Zone (WaigaoQiao, Yangshan, Pudong Airport)

Guangzhou Free Trade Zone

Shenzhen Free Trade Zone

Most of these bonded areas can provide following services;

1. Customs bonded warehousing service
Offers packaged services covering storage, loading & unloading, devanning and cargo consolidation to customers who are in the fields of import & export, global purchasing and processing trade.

2. Logistics and Processing services
Provides various value-added services including sorting, picking & repacking, re-labeling, re-marking in logistics warehouse to satisfy each customer requirements of different packaging for doing business to different regions or markets.

3. Distribution services
Cargo delivery from distribution center to different customers in mainland China by truck or domestic flights, provide cargo receipt signed by customers after delivery.

4. Comprehensive logistics solutions
Base on the logistics center and our software system, we can provide comprehensive solutions for logistics services tailored to different requirements of each customer in the development of the customer's internal logistics supply chain.

5 .Import & export agency services
with MEA strong partners in china, we are professionals in documents, international trade and foreign exchange settlement policies, customs clearance, import and export inspection and quarantine to offer import and export agency services.

With special approval from Central government, some FTZ(CBZS) can provide following service, tailor made for some global customers.

6. Special customs policies tailor made for global customers

"Delivery goods to customer first, Customer clearance later within certain time", this policy is very useful for overseas customer who exports to China market, customer can keep inventories in bonded WHSE and registered with customs, then parts can be delivered to customer whenever they need, and customs clearance can be finalized later withinin certain time, which will be approved by Chinese customs.

"Cargo consolidation in Export Bonded Zone", "Cargo re-manufacture / re-processing and re-label in EPZS"

All these special policies are under the special supervision of the Chinese customs authorities and are called customs specially supervised areas (CSSAs). Each type of CSSA allows different business activities, and there are substantial regulatory differences from customs, tax, and foreign exchange perspectives. MEA and our partners in China will listen to our customers, provide best solution in FTZ to meet customer's business needs.

7. Incentive Leasing Policy(Tianjin DongJiang FTZ)

These special policies were newly approved by Central Gov. of China and apply to certain FTZ, like Tianjin DongJiang FTZ. With special approval from Central Gov. of China, financial (equipment) leasing companies are allowed to set up special purpose vehicles (SPV) of aircraft, vessel and large equipment. Relative support shall be provided: their purchases of plane have fewer limits within national arrangement, and favors are given in quota of overseas capital usage.

For planes over 25 tons of dead weight purchased from abroad and leased to Chinese aviation companies, import VAT can be reduced to 4%.

Financial leasing of ocean structure/equipment is considered as export and is eligible for VAT refund.

ME Associates are specialized and professional on FTZ services in China, and currently providing these special FTZ services to global customers, as well as SME, please consult your sales rep. in ME Associates.