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Room 602, 6/F., Taurus Building 21A/B Granville Road, Tsimshatsui, Hong Kong Tel: (852)27399698 Fax: (852)27399313 Email: vc@vcpa.com.hk |
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Certified Public Accountants (Practising) |
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Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) After a long discussion process, Hong Kong and the Chinese mainland signed the Closer Economic Partnership Arrangement (CEPA) on June 29. The CEPA covers three broad areas: - Trade in goods, - Trade in services, and - Trade and investment facilitation. On trade in goods, the Mainland has agreed to apply zero import tariff from January 1, 2004 for exports from Hong Kong meeting the CEPA rules of origin requirement in some 270 Mainland product codes. The Mainland has also agreed to apply zero import tariff no later than January 1, 2006 upon applications by local manufacturers for other codes maintained on China's tariff system and meeting the CEPA rules of origin. (Details) ¡@ ¡@ ¡@ |
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Y. Chan & Co. is a registered firm of the Hong Kong
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| Firm profile | Services | Newsletters | Tax deadlines | | Tax questions | Other links | Contact us | ¡@ K. Y. CHAN & CO. Room 602, 6/F., Taurus Building 21A/B Granville Road Tsimshatsui Hong Kong ¡@ Tel: (852)27399698 Tel: (852)27399313 Email: vc@vcpa.com.hk ¡@ |
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