[photopress:Zhuhai_City.gif,full,alignright]Set in the Zhuhai-Macau Cross-Boundary Industrial Zone, Zhuhai Park is the only industrial zone which is a bonded area, an export processing zone, and a special port approved by China’s State Council.
These ‘special roles’ mean enterprises in the park are eligible for more preferential tax policies. Customs will create a virtually tax-free environment for those enterprises, and goods entering the park will be considered as having been exported and will be immediately eligible for export rebates. Goods leaving the park will be taxed as they are, with no value-added tax.
The industrial zone is divided into two sections: the Zhuhai Park, which comes under the administration of the Zhuhai government; and the Macau Park, which comes under the administration of the Macau SAR government. The two parks are separated by a waterway and are connected by a special customs port channel.
A total of 26 enterprises have moved into the Zhuhai Park in the last four months.
Source: Logistics Today
You must log in to post a comment.