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What is the customs declaration process for bonded warehouses?

Author: admin Publication Date: 2021-07-28 11:48:14Views: 47

Bonded Logistics Centers integrate functions such as port services, commodity inspection, taxation, and foreign exchange settlement, addressing four key issues in foreign trade:

  • Tax refund for general trade export goods entering the zone;
  • Bonded storage for general trade import goods;
  • Resolution of the "one-day overseas tour" for deep processing transfer goods in processing trade;
  • Integration of logistics and bonded functions.

Positioned as "procurement centers, distribution centers, and distribution hubs," Bonded Logistics Centers attract multinational corporations (including manufacturing enterprises and commercial circulation companies) to relocate their regional headquarters, R&D centers, procurement centers, and distribution centers to China.

1. Key Functions of Bonded Areas

One of the core functions of bonded areas is to provide bonded storage (e.g., Shenzhen bonded warehousing) and distribution services for imported goods. Goods can be delivered in batches according to the production plans of manufacturing factories, reducing the importer's tax burden and warehousing costs.

Goods imported from around the world into Fubao or exported from mainland China to Panyue Bonded Warehouse in Guangzhou Export Processing Zone undergo sorting, classification, simple processing, and splitting within the warehouse before being delivered in batches to other mainland clients or exported to global destinations.

2. Types of Import and Export Methods in Bonded Logistics Distribution
  • General Trade Import and Export:
    • Export of general trade goods to Guangzhou Export Processing Zone (export tax refund available - Guangzhou Panyue Trade provides export tax refund services for goods entering the zone, with tax refund applications accessible upon entry);
    • Import of goods from Guangzhou Export Processing Zone through general trade with tax payment.
  • Customs Transit Import and Export:
    • Processing trade enterprises export goods to Shenzhen Export Processing Zone via customs transit (export tax refund applicable);
    • Import of goods from export processing zones to factories via customs transit (bonded status maintained).
  • Customs Transit Inbound and Outbound:
    • Transit of goods from airports or ports to Guangzhou Export Processing Zone;
    • Two-way customs transit between domestic bonded areas/logistics parks and Guangzhou Export Processing Zone;
    • Customs transit from Guangzhou Export Processing Zone to export supervision warehouses (Guangzhou Bonded Area).
  • Entrepot Trade Inbound and Outbound:

    Goods shipped from foreign countries to Guangzhou Export Processing Zone (without entering China's domestic market) and then re-exported to other countries. Distribution and distribution centers support multiple import and export methods in bonded logistics distribution.

3. Policy Advantages of Guangzhou Export Processing Zone
  • Domestic goods entering the zone are regarded as exports, eligible for export tax refund policies;
  • Entrepot trade goods can replace Hong Kong for storing temporary imported goods, goods for sale, and bonded commodity exhibitions;
  • Replacement of Hong Kong for export consolidation, import deconsolidation, international distribution, and in-depth distribution;
  • Support for international trade return and repair, inspection, and maintenance services, extending the bonded logistics industry chain;
  • Replacement of the "one-day tour via Hong Kong" to complete domestic goods export (tax refund) and re-import logistics, integrating multiple functions of first-line and second-line customs. (Currently, ordinary vehicles can be used for one-day tours, while customs transit requires supervised vehicles. The one-day tour can be completed within three hours.)

The operational model features integrated logistics supply chain management, integrating logistics, business flow, information flow, and capital flow through an advanced IT information system platform to achieve efficient supply chain management.

The "one-day export tax refund tour" in Guangzhou enables export verification, tax refund, and re-import operations through transfer in Guangzhou Export Processing Zone. Operational efficiency: 3 hours. No customs-supervised vehicles, unloading, or warehousing required. It is currently the bonded area in Guangzhou with the fastest one-day tour operation efficiency and the most open policies.

Our export services cover shipments from China to global destinations, and our import services handle cargo from worldwide to China.

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