Global Trade Alert
Global Trade Alert

China: 34 ships added to roster of 'flag of convenience' vessels officially exempt from import tariffs and VAT

Announcement

12 Jul 2019

July 12th, 2019 - The Chinese government announced several large cargo ships would be exempt from import VAT and tariffs.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

12 Jul 2019

Revocation date:

No revocation date

Updated: 12 Jul 2019
Tax or social insurance relief In force

On July 12th, 2019, three Chinese ministries jointly released an announcement stating that 34 'Chinese-funded' vessels using a Chinese flag of convenience would be added to a roster of those exempt...

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