IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Mar 2011 | Removal date: open ended
Still in force

FDI: Treatment and operations, nes

On 15 December 2010, the General Administration of Customs issued the "Decision on Abolishing the Measures of the Customs for Supervision over and Tax Collection or Tax Exemption on Import and Export Commodities of Foreign-Funded Enterprises" (Order No.201). This matter was discussed and adopted at the executive meeting of the General Administration of Customs on November 15, 2010, and came into force on March 1, 2011.
 
According to this document, certain favorable treatment such as VAT and import/export duties exemptions conferred to the foreign enterprises operating in China have been abolished.

AFFECTED COUNTRIES

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