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Procedure
of Approval
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- The
business agent signs the supplementary agreement
of ending an agreement and fills in the
application form for approval;
- The
Processing Trade Department (Section I) prints
the certificate of the settlement of foreign
currency;
- Check
the conditions in the document of foreign
exchange check and cancellation;
- Go
to the Customs Declaration Department to see
whether it has completed the formalities of a
direct passing vehicle;
- The
Processing Trade Department (Section I) checks
and verifies, writes the number and stamps the
seal.
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Documents
for Application
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- One
copy of the “Comment form for the ending of an
agreement” provided by the foreign trade and
economic cooperation office at the town level;
- One
copy of the document of ending an agreement;
- One
copy of the list of equipment;
- The
certification of settlement of foreign currency
through the bank (not owing the payment of
foreign exchange);
- Go
to the Customs Declaration Department to
complete the formalities of examination report
concerning whether the enterprise’s direct
passing vehicle has been cancelled;
- The
certification proving the use for check and
cancellation documents of foreign exchange
income;
- If
the signature is not personally signed by the
legal person (especially the party Yi), the
authorization letter for the representative must
be provided;
- The
party Yi’s board decision and report form for
a whole year business operation ARI;
- If
involved with a finance lease, the certificate
of having completed or cancelled the lease
contract with the bank or lease company must be
provided.
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Attention
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- The
ending agreement must indicate the method of
handling the equipment after the ending;
- All
the production contract must have been completed
or have been checked and cancelled or have
completed the formalities of selling the foreign
exchange through the bank;
- If
the equipment has been over five years from the
importation to the ending, it can be reported to
the Customs to abolish the supervision; If not
exceeding five years, some people will be sent
to make an investigation to see whether it has
become incomplete and old and needs to be
reported to the Customs for the treatment of
abolishment (imposing taxes);
The check and cancellation
documents of export foreign exchange incomes having
been obtained must all be returned.
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Time
Limit
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Within
two working days
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Unit
in Charge
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Processing
Trade Department: Section I
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Advice
Hotline
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2819830,2819761
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