Yantai bonded port area established by the State Council's approval in September,2009 , it's the first export processing zone and near port integration of the transformation and upgrading of the bonded port area in China. Yantai bonded port area is an important measure to speed up the construction of a regional trade center, shipping center and high-tech industry center.
Yantai bonded port area planning area of 7.26 square kilometers, the first phase covers an area of 4.86 square kilometers. Into the area of port operations, logistics operations, public inspection area, export processing area of the four functional zones. Can be carried out in the Yantai bonded port bonded warehousing, international entrepot trade, international procurement, distribution and delivery, international transit, inspection and repair after sale, merchandise display, research and development, processing, manufacturing, port operations and other functions of business.

Characteristic function

The establishment of Yantai bonded port area approved by the State Council, is a special customs supervision area in our country at present the highest level, the most preferential policies, the most complete, the most obvious advantage, enjoy the bonded zones and export processing zones related to tax foreign exchange policy, advantage and policy advantage. Enterprises in the bonded port area in:
◇Storage of import and export goods and other goods customs formalities have not been completed.
◇International entrepot trade
◇International procurement, distribution and distribution
◇International transfer
◇Testing and after-sales service
◇Display of goods
◇Research and development, processing, manufacturing
◇The port operations
◇All other businesses approved by the customs

◇All policies and regulations

The main customs policy
Yantai bonded port area enjoy all kinds of the special preferential policy of bonded zones 、export processing zones and bonded logistics park, mainly include:
Free trade: transported into the bonded port area of foreign enterprises export processing required for raw materials, spare parts, components, packaging materials and goods in transit and storage of goods in the bonded area
Tax rebate: domestic goods in the bonded area shall be regarded as the export tax rebate; production, water, electricity and gas tax;
Free permit: foreign goods (except export passive quota administration outside) into and out of district exempt permit, be exempted from export quota management;
Long term storage of bonded goods warehousing area: in no time limit;
Centralized Customs Declaration: the enterprises in the area out of the district into the domestic sales of goods for customs declaration.

The main tax policy
Domestic goods in the bonded area shall be regarded as the export tax rebate;
Enterprises in the bonded port area of production for the area sold or shipped overseas products, shall be exempt from value-added tax and consumption tax on the corresponding;
The goods from the bonded area to enter the domestic sales tax, according to the actual state of the goods;
In the area of goods flow freely, inter enterprise transactions do not levy value-added tax and consumption tax.