The boundary between the bonded area and the non-bonded area (referring to other areas of China, the same below) shall be provided with perfect isolation facilities. Article 3 The bonded area mainly develops foreign trade, entrepot trade, export processing, warehousing and transportation.
The bonded area is allowed to engage in finance, insurance, futures, commodity exhibitions and other businesses that serve the production and life of the bonded area. Article 4 Companies, enterprises, other economic organizations and individuals inside and outside China (hereinafter referred to as investors) may invest and set up enterprises or institutions that meet the requirements of Article 3 of these Regulations in the bonded area. Article 5 The legitimate rights and interests of investors in the bonded area are protected by law.
Enterprises, institutions and individuals must abide by the laws and regulations of People's Republic of China (PRC) and the relevant provisions of these regulations.
It is strictly forbidden to use the bonded area for smuggling and other illegal activities, and offenders will be investigated and punished according to the provisions of national laws and regulations. Chapter II Management Organization and Responsibilities Article 6 A management committee (hereinafter referred to as the management committee) shall be established in the bonded area to exercise unified leadership and management on behalf of the Fuzhou Municipal People's Government and coordinate the work of relevant state departments in the bonded area. The main responsibilities of the CMC are:
(a) to formulate the construction plan and economic development plan of the bonded area, and organize their implementation after approval;
(2) Formulating detailed rules for the implementation of bonded area management and organizing its implementation;
(3) Examining and approving investment projects in the bonded area;
(four) responsible for the planning, land, construction, real estate, environmental protection, industrial and commercial administration, taxation and other aspects of the bonded area;
(five) responsible for the construction and management of public infrastructure in the bonded area;
(six) to assist the customs and other relevant departments in handling related business in the bonded area;
(7) Examining and approving applications for temporary going abroad, leaving the country or business training for Chinese personnel in the bonded area;
(eight) to provide consulting and services for enterprises;
(nine) to exercise other functions and powers granted by the provincial and municipal people's governments. Article 7 Customs and other administrative agencies deemed necessary by the Administrative Committee shall be established in the bonded area.
Set up customs supervision places outside the entrance and exit of isolation facilities in the bonded area and the passage in and out of the non-bonded area. Chapter III Investment and Management Article 8 An investor applying for an enterprise in the bonded area may first go through the industrial and commercial registration with the administrative department for industry and commerce, and then go through the registration formalities with the customs and tax authorities. Article 9 The design scheme of enterprise construction projects must conform to the overall planning of the bonded area and be reported to the Administrative Committee for the record. Article 10 The storage time of entrepot trade goods in the bonded area shall not exceed one year. Under special circumstances, it may be appropriately extended with the approval of the customs, but the extension period shall not exceed one year at most. Article 11 Simple commercial processing such as goods classification, packaging, sub-packaging, sorting and labeling are allowed in the bonded area. Article 12 An enterprise may engage in the import and export business of raw materials, spare parts, equipment, office supplies and vehicles for its own use, and may directly engage in processing business related to production. Article 13 Enterprises may directly purchase raw and auxiliary materials, spare parts, supporting parts, packaging materials and semi-finished products needed for the production of export products from non-bonded areas. The export of value-added products processed with the above-mentioned materials and parts shall be regarded as the export of bonded area products after confirmation by the administrative Committee and enjoy preferential treatment in the bonded area. Article 14 Unless otherwise stipulated by the state, all goods subject to import and export license management are exempted from obtaining licenses when they are transported into the bonded area from abroad or from the bonded area to overseas; From the bonded area to the non-bonded area or leaving the country from the non-bonded area, it shall be handled in accordance with relevant state regulations. Fifteenth enterprises and offices must establish financial accounting books and submit accounting and statistical statements to the CMC in accordance with the relevant provisions of the state; A diversified enterprise shall set up accounting books according to the types of business.
For import and export duty-free and bonded goods, special account books recognized by the customs must be established and sent to the customs for verification on a regular basis. Customs has the right to inspect goods and related business premises. Sixteenth enterprises can independently determine the organization, staffing and salary distribution according to law; The employees needed by the enterprise can recruit and recruit themselves, or entrust the relevant departments of the CMC to recruit and recruit on their behalf, but they must sign a written labor contract with the employees according to law, do a good job in labor protection and implement labor insurance. Article 17 Employees of an enterprise have the right to establish trade union organizations according to law, carry out trade union activities and safeguard the legitimate rights and interests of employees. Article 18 The suspension, closure and bankruptcy of an enterprise shall be handled in accordance with relevant state laws and regulations. Article 19 Where an enterprise changes its name, legal representative, production, relocation, merger, transfer or early termination in the bonded area, it must obtain the approval of the administrative committee, and go through the relevant procedures such as change registration and cancellation of registration with the industrial and commercial administration, taxation and other departments within the prescribed time limit, and file with the customs. Chapter IV Financial Insurance Article 20 With the approval of the financial supervision and regulation department, domestic and foreign banks, financial institutions and insurance institutions are allowed to set up branches in the bonded area to operate the approved financial insurance business.