Imported machinery and equipment may be subject to relatively high tax rates. “Master List (Tax Exemption List) will help investors save large costs on import tax for synchronous machine systems imported from abroad.

Greenland has a long experience in working with Customs Sub-Departments to apply for a Master List in many provinces. Import tax rates are classified into 3 types, including ordinary tax rates, preferential tax rates and special preferential tax rates. The applicable rate depends on the country of origin of the product.

Greenland is having its strengths when providing logistics services for new factories: applying for a complete list of imported tax-free machinery; transportation, packing/unloading/relocation and basic installation of equipment systems in the factory, consulting on quota procedures, material audit with customs, etc. for processing factories.