2017/6/22 12:25:46

Recently, Shenzhen Custom held a seminar of royalties’ special disclosure policy. As the coordinator Enterprise, FHI was invited to attend it. There were totally more than 70 enterprises attended the meeting, all of whom were very influential companies in Shenzhen.

Deputy Chief Huang Ziqing from Inspection Section, deputy chief Zhao Yaxin from Price Office, analyzed the policy successively, and explained the policy exhaustively.

“Royalty”, means buyer of the imported cargo, pays a sum of money, for the use of a patent or to an author or composer for each copy of a book sold or for each public performance of a patent rights, trademark rights, know-how, copyrights, or sales rights.

Active disclosure, means in the establishment of a sound internal control mechanism, by the requirement of custom supervision, and self-examination, take the initiative to report the problem to customs, and customs implement leniency policy.

During this conference, Shenzhen Customs made this new policy understood by all the important companies.

As the customer coordinator enterprise and years of large taxpayer, FHI has holding higher reputation and good records in Shenzhen Customs. After the meeting, our Shenzhen branch quickly organized an internal training for our customs employees, and made them to explain the spirit of the meeting to our customers, to make sure its implementation is done successfully.