A : → The EU (of which UK is a member) has a liberal import regime where import licensing is not common. Hong Kong exports to the EU has been excluded from the Generalised System of Preferences (GSP) Scheme since 1 May 1998, but selective exports from China origin to the EU are still eligible for GSP benefit in the EU, provided Form A Certificate of Origin is produced. Hong Kong exporters shipping GSP eligible China origin goods via Hong Kong to the EU, should note that all shipment are required to accompany a non-manipulation certificate confirming that the goods have not been further processed in Hong Kong issued by the China Inspection (HK) Co Ltd in Hong Kong. (tel. 2503 1988)Import duties into the EU countries are subject to the respective import tariff (normally applied on the import c.i.f. value) plus the value-added tax (VAT) varies according to different importing countries. In the case of the UK, the VAT is 17.5%. Under the EU "New Approach to Technical Harmonisation", certain prod
Q : → We have sourced some China-origined sewing machine parts which are imported to Hk and eventually exported to UK. I would like to know ifthere is any export and import restrictions and tax impact both in HK and UK? Are there any special conditions that I have to fulfil in both countries?
