Importing a Car to China
With the enormous growth of the economy growing China expats have chosen to make the country house. Shenzhen, in particular, serves as the cheapest “overflow” option for those working in Hong Kong on semi-regular (but usually not daily). For this reason we are often asked about the dual license plates, both for comfort and a way to save money in the process of importing from China, here’s a quick rundown of the reality of the situation.
There are pilots that will save money by using the double plate system, but unfortunately they are not the majority. It takes a lot of expenses that qualify for them at first, the usual way is to own a business that qualifies and is extremely expensive (think 2 million RMB to rise) or buy the right to plate one of them comply with businesses around 500,000 RMB. So if you’re thinking of buying a Ferrari or a Rolls Royce, the tax savings outweigh the costs of advice, if not, probably not.
The other thing to remember is that you cannot use double plates at each crossing point between the mainland and Hong Kong. You will be able to designate a single port of entry into competence and nothing else. So before you go ahead and pay, you should spend some time at work if you can justify the passage of time and direction of your house and administrative practices.
admin on November 23rd 2010 in Auto, Auto Accessories, Auto Care, Auto Care Tips, Auto Finance, Auto Financing Service, Auto Loan, Auto Parts, Automobile, Car, Car Care, Car Loan, Car Parts, Car Prices, Car Wheels, Care Finace, Driving, Garage Equipment, Luxury Car, Misc, Motercycle, Motorcycle, Second Hand Cars, Vehicle Automobile, vehicle, vehicles
