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Customs Authorities No Longer Checking Approval Certificates for Foreign-Invested Enterprises

Following the implementation of China’s Foreign Investment Law and Regulation on Implementing the Foreign Investment Law on January 1, 2020, relevant departments of commerce have stopped issuing Approval Certificates for Foreign-Invested Enterprises. Accordingly, Chinese customs authorities no longer ask for such certificates when foreign-invested international freight forwarding companies make customs declarations on import or export express consignments or when foreign-invested buyers or senders of goods attempt to import or export them.

Full details can be found in the Announcement on Ceasing to Check the Approval Certificate for Foreign-Invested Enterprises (No. 226 [2019]) issued recently by the General Administration of Customs.

Source: General Administration of Customs

Content provided by Picture: HKTDC Research
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