Global Trade Alert
Global Trade Alert

China: Inaugural 13 'flag of convenience' vessels officially exempt from import tariffs and VAT announced

Announcement

30 Dec 2016

December 30th, 2016 - The Chinese government announced the first list of vessels to be exempted from import VAT and tax.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

30 Dec 2016

Revocation date:

No revocation date

Updated: 30 Dec 2016
Tax or social insurance relief In force

On December 30th, 2016, three Chinese ministries jointly released an announcement that revealed the first 13 ships that would benefit from a new policy which granted VAT and tariff exemption to cer...

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