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We are a leading firm that provides professional customs consulting services to multinationals in China. We also serve in the areas of investment, business, foreign exchange, tax, and law. Our team comprises elite professionals and former officials from various government authorities and organizations and Big Four CPA firms including former senior officials with years of experience, and professionals with excellent command of foreign languages.

We are a regular consulting firm with modern consulting business characteristics, viewed positively by both government officials and enterprises.

We are the only domestic organization with customs consultancy services as main business and pioneer in this professional market with independent and sustainable development.

Our office became the biggest team in China to provide customs consultancy services in 2008.

Although the laws and regulations are known to public, you will ask the law firms for help as you have legal issues; although the accounting principles and law of tax are known to public, you will resort to the accounting firms when you have problems on finance and tax; the same, if you have problems on Customs affairs, you can turn to us directly.

Our value and function: creating value, saving cost, ensuring compliance, managing risk, integrating overall situation.

Customs Policies · Customs Valuation 2011 under New Minister

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Renaissance Shanghai Yu Garden Hotel July 15, 2011 Friday Language: Chinese

On April 5th, the State Council appointed Mr. Yu Guangzhou as the Minister of the General Administration of Customs, the first Customs Minister from outside the Customs in decades. Mr. Yu has rich working experience in both big ministries and province governments with lots of MNCs, import & export trade and Customs control zones. The National Development & Reform Commission he used to work in is in charge of the state’s decision of foreign trade; the Ministry of Commerce he worked in is in charge of the state’s organizing of foreign trade, processing trade and WTO affairs. So he had close relations with the Customs which is responsible for the state’s control of foreign trade. Therefore, new idea and working style would be brought to this vertical management system. In China, the No. 1 is very important, so the biggest change in decades and a new period will be faced by national Customs, more attention will be paid to enterprise appeals. There is expectation on both sides of Customs and enterprises.

Against this background, the only Chinese seminar of Followmission Customs Consulting Firm this year (there is still no plan for 2012) will focus on the latest development of Customs policies according to a series of intelligence after the new Minister’s taking office. We will share the latest information of several regulation amendments proposed for some enterprises’ advice. Among those, the Customs Valuation Measures, which is most important for China and WTO’s legislation transform, has affected business community to a large extent. It is facing the largest adjustment with great influence after joining WTO. We will concentrate on this measure with newest original cases and the best practice of MNCs.

Basing on whole series of events about customs affairs including Customs valuation we have held, this seminar is full of informative content and value added. Prepare more, get more.

China Customs TipsMore & PDF

China Customs Tips 2012.1.22-28 Week 4

1.In 2011, the national tax income reach RMB 9572.9 billion (deducted of export tax rebate RMB 8652.4 billion and not including duty, ship tonnage duty, land using tax and property tax). The tax departments’ income is RMB 8212.1 billion with RMB 1526 billion or 22.8% growth compared with tax for 2010; duties collected by Customs is RMB 1360.7 billion, increased RMB 307.9 billion with 29.2% growth compared with 2010. The national export tax rebates reach RMB 920.5 billion with 25.6% growth, RMB 187.6 billion more than 2010.

Per tax type, the growth rates for the domestic value added tax, domestic consumption tax, business tax should be 13.6%, 15.1% and 22.6% respectively, and the corporate income’s increase rate is 34.7%. Per region, the increase rate for eastern, middle and western region of China should be 21.7%, 27.9% and 28.5% respectively.

2. Recently, the Ministry of Transport (”MOT”) has issued the Circular on Several Issues Concerning the Safety Supervision and Administration of Hazardous Chemicals of Ports (the ”Circular”)....

China Customs Tips 2012.1.15-21 Week 3

1. According to statistics of Customs, the net tax income of Customs 2011 reach RMB 1614.21 billion with 29% growth compared to the same period last year; the tariff is RMB 255.91 billion with 26.25 increase and importing tax RMB 135.83 billion with 29.5% growth.

2. In 2012, Customs will carry out trial pilot for non-paper Customs clearance for representative Customs districts with large business volume. As non-paper Customs clearance is realized, the import/export enterprise would be able to make relevant Customs applications through internet.

The non-paper Customs clearance takes advantage of circulation of electronic data to replace paper documentation circulation. Currently, the Customs has optimized the Customs clearance procedures including clarifying documentation required, information system setting up so as to improve the documentation electronization.

3. The National Conference of Customs Directors was held on Jan. 12th to 13th 2012 in Beijing. The Minister of General Administration of Customs Mr. Yu Guangzhou requested the national Customs to recognize the current complicated situation of foreign trade in China. He emphasized to improve the supervision and service function of Customs during the stable work of Customs in the following whole year, enhance the business reform of various Customs business, improve the Customs service and control functions. He also addressed that “keeping good control on our national gate” should be the first requirement for Customs work; the Customs need to carry out “facilitating with law enforcement”, accelerate the development model of economic, and make active contribution on the international competitive world. ...

China Customs Tips 2012.1.8-14 Week 2

1. Recently, the General Administration of Customs announced the Product List for Some Product Imported from Taiwan Exempt from Import Tariff (version 2012) which will be effective from Jan. 1st 2012.

2. Recently, the Ministry of Commerce announced the Catalogues of Commodities under 2012 Import License Management and Catalogues of Commodities under 2012 Export License Management.

3. Recently, the General Administration of Customs (GAC) has issued its decision of abolishing the Administrative Measures of the General Administration of Customs of the People’s Republic of China on the Origin of Imported Goods under the Special Preferential Tariff Treatment. Such abolishment will take effect on Jan. 1, 2012....

China Customs Tips 2012.1.1-7 Week 1

1. At year end, the Ministry of Commerce and the General Administration of Customs jointly announced the Category of Goods Administered under Import Permits of 2012, Category of Goods Administered under Export Permits of 2012, Measures for Administration on Import & Export Licensing of Dual-use Items and Technologies which all will take effect from Jan. 1st 2011.

2. Recently, the National Development ad Reform Commission announced the Catalogue of Industries for Guiding Foreign Investment (Amended 2011) which will come into effect from Jan. 30th 2012.

3. Recently, the General Administration of Quality Supervision, Inspection and Quarantine and the General Administration of Customs jointly announced the adjusted import & export commodity catalogue under inspection and quarantine 2012. ...