As you know, China’s economy is likely to become the world’s largest in the next dozen years or so. Already, the number of Polish entrepreneurs who want to make a business out of importing goods from the Middle Kingdom is growing rapidly. Among the many things to pay attention to in doing so are those related to customs conditions.
How do you release imported goods?
Goods entering the Polish market must meet a number of requirements, including those set by European Union regulations. The release of goods imported from China requires going through an often complicated customs procedure. It may be necessary to prepare such documents as a bill of lading, goods specification, various declarations, licenses, etc.
So it must be made clear that importing goods from China, or at least those carried out on a slightly larger scale, requires compliance with numerous customs regulations. It is also worth noting that the Ministry of Finance is increasingly working to tighten controls on goods just imported from China.
So it might be a good idea to hire an intermediary, such as a transportation company specializing in the Chinese market or a suitable customs agency. In this case, on the basis of the delegated authority, she can handle all formal matters on behalf of the entrepreneur.
What customs rate applies when importing from China?
When importing goods from China, you have to expect to pay VAT. In this case, the matter is simple, since its amount is, of course, 23%. In customs matters, the situation is already much more complicated and it cannot be ruled out that it will be subject to change. Especially given the political situation, which could lead to a tariff war.
Currently, duties vary widely, ranging from 0% to as much as 48%. Everything here depends on what kind of goods are being imported. Fortunately, it’s easy to check the amount of duty that applies. The ISZTAR online system, which is available on the website of the Ministry of Finance, is used for this purpose.
