Hainan Company Import and Export License Application
Hotline: 86-755-82143410, Email: 2355725105@qq.com
Hainan company import and export license application is important for those compnies who engage in import and export businesses. Before you start exporting to China, it’s important to know whether an import license is required. Without an import license, you won’t pass the customs clearance, even if the application can be done fairly quickly, you should know in advance what an import license is and how to get one.
Introduction to Import and Export License
1. Import License
Import licenses, also referred to as non-automatic import licenses, are used to keep control of imported products and the import quotas. The license is used as a non-tariff barrier and for countries that simply wants to protect the local economy and producers, restricting the amount of products that are imported. There’s a limited amount of import licenses and you should make sure that your Chinese importer has one prior to exportation.
2. Export License
An Export license, or export permit, is a document issued to companies by China’s Ministry of Foreign Trade and Economic Cooperation. The export license is required for shipping goods out of China. Without such a license, the cargo will not be cleared through the Chinese customs. As such, most export oriented suppliers, both manufacturers and trading companies, hold Export licenses.
The Export licenses are only issued to Chinese companies, that wish to export goods from China to overseas markets. Hence, overseas buyers don’t need to obtain license or permit in China.
Benefits of an Import & Export License
1. Directly engaged in the import-export business;
2. The enterprise can carry out self produced products export business research the necessary machinery and equipment, spare parts, raw and auxiliary materials import and export businesses;
3. Apply to join the import and export trade associations, participation in national and local departments in charge of foreign trade organizations;
4. Abide by relevant state foreign trade policies and laws & regulations;
5. Positive foreign exchange earned through exports.
Classification System Determining Type of License
China’s Ministry of Commerce has a classification system which determines the type of license required. There are three categories: Permitted goods, Restricted goods and Prohibited goods
(1) Permitted Goods
The least restricted category of goods are ‘permitted goods’. This category is described as ‘automatically licensed’, which means that a license is required but it will be granted automatically on application.
(2) Restricted Goods
After permitted goods, the next category is ‘restricted goods’. These may be imported / exported, but are controlled by either license approval or yearly quotas.
Various crops and natural raw materials fall under trade quotas. Note that the quota can be exceeded; staying within the quota simply results in a lower tariff. Companies wishing to engage in trade of products categories with quotas must apply for the allocation of quota between October 15 and October 30 each year.
(3) Prohibited Goods
Products falling under the category of prohibited goods are absolutely banned and can never be traded by Chinese companies. There are several catalogs of such goods which are issued by various authorities including MOFCOM. In general, prohibited goods are things like dangerous waste products and toxic chemicals.
Contact Us
For further queries, please do not hesitate to contact ATAHK at anytime, anywhere by simply calling China hotline at 86-755-82143422, 86-755-82143512, or emailing to anitayao@citilinkia.com