Countries
or regions
|
Hong
Kong |
Singapore
|
Taiwan
|
| Free Trade Port’s
geographic location |
Free
Port |
Free
Port |
Free
Port |
| Number of Free Trade
Ports [Airports] |
Hong
Kong Airport
|
Singapore
Changi Airport |
Far
Glory Air Cargo Park (FTZ) |
| Grounding authority: |
On
the grounds of the laws and codes of Hong Kong
(Basic laws of Hong Kong)
|
Free
Trade Zone Act |
Free
Trade Port Establishment & Management Statute |
| Scale
of the Free Trade Port planning [Airport] |
Confined
to Super #1 Cargo Terminal, approximately 30.4 hectares. |
In
business operation downward. |
Far
Glory Air Cargo Park (FTZ), approximately 45 hectares
(In business operation upward) |
| Type/functions |
Transit
trade |
Mainly
as transit business operation |
Inside
the Zones, investors could engage in trade, warehousing,
logistics, containerization, transit trade, transshipment,
forwarding customs clearance, assembling, reassembling,
packaging, repairs, processing, manufacture, exhibition
or such technological services, in very flexible
working conditions (With foreign workers accounting
for 40%). Investors may engage in remittance and
foreign exchange trading and may set up holding
companies to invest abroad. |
| competent authorities: |
Civil
Aeronautics Division |
Ministry
of Transportation & Communications |
Civil
Aeronautics Administration |
| Business operators |
Non-one-stop
window |
Non-one-stop
window |
One-stop
window (Far Glory Air Cargo Park (FTZ) Corporation) |
| Tax burden (Input
into the Free Trade Zones from outside sources) |
Tariff:Free of VAT:Free
of commodity tax for all cargoes except four categories
which are subject to commodity tax |
Tariff:Exempted
from GST:for the time being and exempted from commodity
tax :for the time being |
Cargoes operated
inside the Free Port Zone: Exempted from tariff,
commodity tax, business tax, tobacco & wine
tax, cigarette health donation, promotion trade
fee and commercial harbor service fee. All machinery
& equipment inside the Free Port Zone for investors’
own use are exempted from tariff, commodity tax,
business tax, promotion trade fee and commercial
harbor service fees. |
| Customs affairs |
24-hour customs
clearance services |
24-hour customs
clearance services |
24-hour customs
clearance mechanism (Under the investors’ own management,
free of review, inspection and escortin transportation) |
| Access to passengers: |
Entry: Accessible
to the Zones with visa upon landing: To be approved
by the non-government companies, under control by
themselves. |
Entry: Accessible
to the Zones with visa upon landing: Inbound passengers
shall apply to the Police Administration for issuance
or replacement of the pass into the Free Trade Zones. |
Entry: 72-hour “Visa
upon landing”. Entry into the zone: Subject control
in accordance with the “Park Zone Management Regulations”
enacted by Far Glory Air FTZ Cargo Park Corporation
itself. |
| Information platforms |
Transport by air:Trade
Journal/ACCS |
Trade Net System |
Transport by air
e-custom System |