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    In Yiwu And Haining, Thousands Of Owners Have Embarked On The Road Of Foreign Trade.

    2016/4/26 20:58:00 38

    MarketLeather CityTax Exemption Policy

      

    market

    Operators can also do export business, and they can go through customs in the market, allowing individuals to collect foreign exchange and enjoy tax exemption policy.

    Thanks to the national pilot policy of market purchasing trade, thousands of owners of professional markets in Yiwu and Haining have embarked on the road of foreign trade, enjoying a tax-free allowance amounting to 1 billion 400 million yuan a year.

    In early April, Haining, China

    The city of leather

    Raymond Lam, the operator, received a purchase order. The other party was an UAE customer who purchased a $12 thousand handbag.

    After receiving the order, he went straight to the leather city yard procurement office, signed the agent export agreement, went through the customs formalities, finally entered the order in the market purchase trade platform, and completed the declaration procedures of customs clearance and duty free within less than an hour.

    "In the market, basically are domestic sales retail business, I did not expect this export business, the amount is not large, it is a test of water."

    Raymond Lam said with a smile.

    In July last year, the State Council's "opinions on supporting steady growth in imports and exports" were formally implemented. Besides the small commodity cities officially approved in Yiwu in 2013, new leather cities in Haining were added.

    It is learnt that the mode of market purchase is a trade method tailored to the characteristics of the "multi variety, multiple batches, small batch" of the professional market.

    For the market operators who have been approved by the state in the specialized market gathering area and the value of the single ticket declaration is not more than 150 thousand dollars, the customs simplifies the customs clearance procedures and procedures, allows individuals to collect foreign exchange settlement, and implements the tax exemption policy for value added tax.

    "The original mode of export trade is obviously not fit for the market operators, and the market procurement trade is carried out without paper declaration and electronic tax exemption declaration, which can complete the whole procedure in the market, and it can be completed in an hour."

    Wang Laifeng, the head of Yiwu Small Commodity City procurement Co., Ltd., told reporters that the market procurement trade has three main advantages, namely, "fast access", simple customs declaration procedures, one declaration, one release, and "facilitation", breaking the policy of "who exports and who receives foreign exchange", allowing individuals to collect foreign exchange.

    Tax exemption policy

    Under the support of the pilot policy, Yiwu small commodity city went against the trend in 2015, with a turnover of 98 billion 200 million yuan, an increase of 15.89%.

    Among them, market purchasing trade exports accounted for nearly 30%, an increase of 69.8%.

    The convenience of customs clearance provides a prerequisite for market procurement of this new mode of trade.

    The VAT exemption policy paved the way for the successful implementation of market purchasing trade.

    In 2014, the method of tax exemption management for exported goods in Yiwu was approved by the General Administration of taxation. The main body of tax exemption and declaration body were clear, and the paperless whole process supervision of export duty free was implemented, and the tax management process of foreign trade export was greatly simplified.

    After the expansion of the pilot specialized market, the State Administration of Taxation issued the "market purchasing trade mode tax exemption management method (Trial Implementation)" in December last year, and made clear that the goods sold by the market operators or commissioned by the market purchasing trade operators to export goods in the form of market purchase and trade were exempt from value-added tax, and the management of the information for reference and the filing of the records was exempted.

    It is reported that small commodity city in 2015, the market purchase and export tax exemption accounted for nearly 30% of Yiwu's total export tax rebate.

    In order to support the development of market purchasing trade, the state taxation departments of Yiwu and Haining have promulgated the relevant rules for the implementation of the rules and regulations for the procurement of trade suppliers, and the measures for the management of market purchases and trade pactions.

    Up to now, two professional markets have been registered and registered, with more than 4500 buyers and traders.

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