11 Aug 2016
Glossary: Classification of processing trade enterprises
Processing trade enterprises are classified into five categories, namely AA, A, B, C and D, according to the “evaluation criteria for consignors and consignees” in the management of customs declaration units. Category AA enterprises, in addition to enjoying other customs facilitation measures applicable to Category A enterprises, are eligible for release of goods on confidence principle. Category A enterprises are bonded factories with customs officers posted on-site and online links established with the customs office.
Related country: China
- Guangxi Promotes Innovative Development of Processing Trade
- Guangdong Scraps Processing Trade Approval
- Processing Trade