Importing products to China can take many forms. Direct export of finished products from the EU to China is one option, but there are other variations to this process. For example, only part of the final product is shipped to China, then assembled with parts manufactured locally, and only then sold to the Chinese customer, or even exported again. In such cases, assembly can be done either ‘behind’ the Chinese customs border or within special free trade zones.
Several aspects, such as contractual framework, taxes, import tariffs, payment or foreign exchange control need to be taken into account when preparing an import strategy for such arrangements. This webinar will clarify crucial issues which make this type of importing possible and cost effective by giving a general overview of the problem, showing alternatives, and providing case studies on how to handle different situations.
Watch this webinar recording if you would like to
- understand the different types of free trade zones;
- get an overview of customs tariffs and import taxes;
- follow a case study on using free trade zones to assemble products consisting of imported and locally produced parts;
- follow a case study on importing and using warehouses for temporary storage;
- receive a short overview of the advantages of the Shanghai Free Trade Zone for importing.
About the speaker
Mr. Zhao Deming is a PRC licensed lawyer engaging in corporate, commercial and litigation practices. He works as Senior Partner of HaoLiWen Law firm and has more than 15 years of experience in litigation and arbitration in relation to foreign direct investment, financing, insurance, domestic and international trade and engineering projects. As the head of the practice of customs duties and investigations, Dr. Zhao has provided many renowned multinational companies with legal services regarding taxes, import and export valuation consultation, processing trade, bonded logistics models, customs supervision zones, outsourcing and others. Dr. Zhao frequently presents on practical and legislative issues regarding Chinese customs regulations. He serves as the Arbitrator with Xiamen Arbitration Commission, and is also chief editor of International Maritime Law.
You can find the recorded video on Youtube: