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[China]
Trade Verify
Address: 7F,WAIKWONG BUILDING,N0.2# BINGLANG RD. Futian Free Trade Zone,ShenZhen City.
Contact name:Ivan
Shenzhen Fortune International Freight Forwarding Co., Ltd |
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Verified Suppliers
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Shenzhen Free Trade Zone is a premier distribution center located in Shenzhen, China, with convenient access to customs clearance. It provides 80000 S.q.m of storage area with comprehensive warehouse services, such as cargo maintenance, repacking, labeling, palletizing, picking & sorting and simple assembly, etc. It is staffed by more than 150 experienced professionals and offers free of taxes advantages. Shenzhen Free Trade Zone is the perfect choice for customers who are looking for a reliable, cost-effective and efficient distribution center.
| Free Trade Zone warehouse | Ordinary Warehouse |
| Goods stored in a Free Trade Zone warehouse are exempt from import duties, value-added tax (VAT), and other taxes until they are released for domestic consumption. This provides businesses with a duty and tax deferral advantage. | Goods stored in an ordinary warehouse are subject to applicable customs duties, VAT, and taxes upon arrival. Businesses must pay these duties and taxes before the goods can be released for domestic consumption. |
| Free Trade Zone warehouse have simplified customs procedures, including streamlined documentation requirements and expedited clearance processes. This enables faster and more efficient customs procedures for goods entering or leaving the warehouse. | Ordinary warehouses follow standard customs procedures, which may involve more complex documentation requirements and longer clearance times. |
| Free Trade Zone warehouse typically offer an extended storage period without incurring customs duties or taxes. Businesses can store goods for a longer duration, allowing for more flexibility in inventory management and distribution. | Ordinary warehouses may have limitations on the storage period, and businesses are generally required to pay customs duties and taxes based on the duration of storage. |
| Free Trade Zone warehouse are designed to facilitate international trade activities. They are suitable for storing goods for re-export, consolidation, processing, and value-added activities, as well as serving as distribution hubs for domestic and international markets. | Ordinary warehouses primarily serve domestic distribution purposes. They are typically used for storing goods intended for domestic consumption and may not offer specific advantages for international trade activities. |
| Free Trade Zone warehouse are subject to specific regulations and oversight by customs authorities. These warehouses must comply with customs regulations, security measures, and reporting requirements to maintain their bonded status. | Ordinary warehouses are subject to general regulations and requirements for warehousing operations, but they may not have the same level of regulatory control as bonded warehouses. |
