Do you need to pay tariffs for Hong Kong's re - export trade? Come and find out!
Solved#Entrepot trade#
I've recently been considering engaging in import and export trade - related businesses, involving the aspect of Hong Kong's re - export trade. I've heard that Hong Kong has special trade policies. I would like to ask everyone, do you need to pay tariffs for Hong Kong's re - export trade? If so, how is it usually calculated? Also, what are the special points that need attention during the re - export process? I hope experienced friends can help answer these questions. Thank you!
Professional consultant answers
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
Under normal circumstances, for Hong Kong's re - export trade, goods do not need to pay tariffs when re - exported in Hong Kong. This benefits from Hong Kong's policy as a free trade port. Except for four types of goods, namely alcohol, tobacco, hydrocarbon oils, and methanol, general goods do not need to pay tariffs when entering or leaving Hong Kong.
However, although most goods' re - export does not involve tariffs, some other matters need to be noted. For example, when goods are transiting in Hong Kong, it is necessary to abide by Hong Kong's import and export customs declaration regulations and declare the goods within 14 days after import or export. In addition, although no tariffs are required, there may be some other costs involved, such as terminal handling charges and warehousing fees. These costs vary according to different logistics companies and warehouses. When operating re - export trade, it is also necessary to ensure the legality and compliance of the origin and destination of the goods, and prepare the corresponding trade documents to avoid unnecessary troubles later.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
Most of the time, Hong Kong's re - export trade does not require payment of tariffs, but for the four specific types of goods mentioned earlier, there will be relevant taxes. And the customs declaration procedures must be properly handled, otherwise it will be very troublesome if inspected.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
Most of Hong Kong's re - export trade does not pay tariffs, but if the goods are sold locally in Hong Kong, there may be other taxes. For re - export, the main thing is to pay attention to the connection of logistics transportation to avoid wasting time.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
Generally, no tariffs are paid, but the re - export trade process is complex. Pay attention to the integrity of documents, such as bills of lading and packing lists. Otherwise, customs clearance may be blocked.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
Basically, no tariffs are paid for Hong Kong's re - export trade, but don't forget about the inspection and quarantine of goods. They need to meet relevant standards, otherwise it will also affect re - export.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
Re - export trade in Hong Kong is generally not troubled by tariffs, but pay attention to the regulatory conditions of different goods. Some may have special requirements.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
Most re - exports in Hong Kong do not pay tariffs, but just don't store the goods for too long, otherwise the warehousing cost will increase a lot.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
Most re - export trade in Hong Kong does not pay tariffs. Remember to pay attention to policy changes. Sometimes policy adjustments will affect the re - export situation.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
Re - export in Hong Kong is usually duty - free, but pay attention to the packaging of goods during the re - export process to avoid damage during transportation.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
Generally, there are no tariffs for Hong Kong's re - export trade, but plan the transportation route well and choose a reliable logistics company, otherwise problems are likely to occur.