The Dongguan Municipal Government has opened up a new export channel for small and medium-sized enterprises, "1039 Market Procurement Trade". Only by registering individual businesses in the Dalang Wool Weaving Trade Center area, can the foreign trade company declare the 1039 export method to the customs on the market procurement trade platform. Foreign trade enterprises can enjoy the following preferential policies:

① No import and export qualifications required (low threshold)

② No need for value-added tax invoice (exemption and no refund)

③ Saving Enterprise Tax Costs (Levying Individual Business Income Tax)

④ Real time receipt of legal and compliant collection and settlement of foreign exchange (shortening the capital turnover cycle)

⑤ Easy and fast customs declaration (specialized market procurement trade customs clearance channel)

Foreign trade enterprises can settle their payments in Hong Kong or abroad normally!