Monday, November 24, 2014
Search
  
Thursday, February 19, 2004
 Prodisc to export optical discs duty-free from Hong Kong to China
You are sending an email that contains the article
and a private message for your recipient(s).
Your Name:
Your e-mail: * Required!
Recipient (e-mail): *
Subject: *
Introductory Message:
HTML/Text
(Photo: Yes/No)
(At the moment, only Text is allowed...)
 
Message Text: Prodisc announced that has obtained certification from the Hong Kong government allowing it to export duty-free from Hong Kong to China.

The story is covered from DigiTimes.com. Without the CEPA (closer economic partnership arrangement between China and Hong Kong) certification from Hong Kong’s trade and industry department, exports of optical discs from Hong Kong to China are subject to an 8.3% customs duty.

CEPA certification exempts companies from this duty. However, they still have to pay a value-added business tax of 17% for sale in the China market.

CMC Magnetics and Ritek, Taiwan’s top two makers of optical discs, have factories in Hong Kong, but currently they do not plan to apply for CEPA certification.
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .