Getting Prepared for Changes in China Customs Regulations
China's Customs Department is expected to tighten its law enforcement this year to make sure companies are complying with new regulations imposed as part of changes to the processing trade. As such, more goods are likely to be subject to customs duty and import VAT. Lawrence Cheung, Shenzhen Tax Managing Partner, and Daniel Tian, Tax Senior Manager, from Deloitte Touche Tohmatsu, spoke at the Chamber's March 14 roundtable luncheon on the implications for Hong Kong Companies operating in the PRD, and how they need to prepare themselves.
2008/03/14