Bonded logistics park

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A Bonded logistics park is a type of special economic zone. Trade arrangements are similar to that of a bonded warehouse but over a specific geographic area. Sometimes with international port capabilities.[1] Goods may be stored, manipulated, or undergo manufacturing operations without payment of duty.

China[edit]

China’s bonded logistic parks have similar rules to free trade zones (another specific type of special economic zone) except for export VAT refund. Export VAT refund is eligible for a Chinese company once their goods enter the park.[2]

Locations[edit]

See also[edit]

References[edit]

  1. ^ "Sourcing in China? Give BLPs a VIP Role". Inbound Logisitics. 2005. Retrieved 9 May 2014. 
  2. ^ "Chinese Bonded Areas: Choosing the Right Location". Ernst & Young Global Limited. 2011. Retrieved 9 May 2014.