China's first "Global Bonded Repair for Medical Devices" in Xiamen

Column:Latest News Time:2024-11-07

Recently, the nation's first "Global Bonded Repair for Medical Devices" project was officially launched in Xiamen Free Trade Zone, expanding the scope of bonded repair services from "domestic only" to "global reach." Bonded repair allows companies in special customs-supervised zones, such as comprehensive bonded areas, to import goods for inspection and repair, deferring both import duties and other import-related taxes until re-export, without requiring tax guarantees, thereby effectively easing cash flow pressures for companies. 

The pilot project will further integrate domestic companies into global high-end medical device supply chains, enhancing the after-sales maintenance capabilities of Chinese-made medical devices and providing more convenient after-sales service support for the overseas expansion of advanced domestic medical devices. Currently, 13 companies in the Xiamen Free Trade Zone engage in bonded repair services, covering products such as aircraft and components, computers, circuit boards, and headphones.

Source:investxiamen.org.cn

China company registration, China company setup, China company formation, Xiamen company registration, Xiamen company registration agent, Xiamen company setup, Xiamen company registry, Xiamen company registry agent, Xiamen company formation, Xiamen bookkeeping service, Xiamen accounting service, Xiamen tax advisory, Xiamen financial consultant, Xiamen audit, Xiamen CPA, Xiamen CPA firm, Xiamen visa service, Xiamen visa application, Xiamen foreigner's work visa service……Please visit Xiamen R&F Consulting at http://www.lc35.cn or send email to liufl@lc35.cn.