CHAPTER I GENERAL PROVISIONS CHAPTER II CONDITIONS FOR THE ESTABLISHMENT CHAPTER III PROCEDURES OF EXAMINATION AND APPROVAL CHAPTER IV BUSINESS SCOPE CHAPTER V PENALTIES CHAPTER VI SUPPLEMENTARY PROVISIONS Article 1 These regulations are formulated to govern behaviors of international freight forwarders to safeguard the lawful rights and benefits Article 2 The international freight forwarders referred to in the regulations mean those trades entrusted by consignors and consignees of exports Article 3 International freight forwarders must obtain the status of a legal body as an enterprise of the People’s Republic of China according Article 4 The Competent Departments of foreign trade and economic cooperation under the State Council are responsible for supervision and management The competent departments of trade and economic relations with other countries of people’s governments of various provinces, autonomous Article 5 The supervision and management of international freight forwarders should abide by the following principles: 1. To meet the demands of development of foreign trade and promote the rational distribution of international freight forwarding agencies. 2. To protect fair competition and promote the improvement of services of international freight forwarders. Article 6 Enterprises engaged in international freight forwarding should observe the laws and administrative rules and regulations of the People’s
CHAPTER II CONDITIONS FOR THE ESTABLISHMENT Article 7 According to the characteristics of the trade the establishment of an international freight forwarder must acquire the following 1. It has competent professional to engage in international freight forwarding. 2. It has a fixed site for business and necessary facilities. 3. It has stable sources of and markets for exports and imports. Article 8 The minimum amount of registered capital of an international freight forwarder must meet the following demands: 1. The minimum amount of registered capital of an international freight forwarder by sea should be 5 million yuan. 2. The minimum amount of registered capital of an international freight forwarder by air should 3 million yuan. 3. The minimum amount of registered capital of an international freight forwarder by land or and international express deliverer should For an enterprise engaged in two or more than two items of businesses mentioned above its minimum amount of registered capital should In sitting up a branch an international freight forwarder should add a registered capital of 500,000 yuan.
CHAPTER III PROCEDURES OF EXAMINATION AND APPROVAL Article 9 To apply for the establishment of an international freight forwarding agency the applicant should submit an application to the competent Article 10 To apply for the establishment of an international freight forwarding agency. The following documents should be submitted. 1. Application. 2. Draft Constitution of the enterprise. 3. The names, posts and identification paper of leading members and chief staff members. 4. Certificates of credit standing and conditions of operational facilities. 5. Other documents as stipulated by the competent departments of foreign trade and economic s/cooperation under the State Council. Article 11 The local competent department of trade and economic relations with other countries should put forward its opinions within 45 days The competent department of foreign trade and economic cooperation under the State Council should decide on approval or disapproval Article 12 With the certificate of ratification issued by the competent department of trade and economic corporation with other countries the Article 13 The competent department of trade and economic cooperation under the State Council should cancel the certificate of ratification Article 14 The certificate of ratification is valid for 3 years. When the certificate of ratification expires and the agency wants to continue its business the international freight forwarding agency If the international freight forwarding agency does not apply for another certificate of ratification according to stipulations in Article 15 When the international freight forwarding agency terminates its business it should report to the local competent department of trade Article 16 To apply for setting up a branch the international freight forwarding agency should go through the necessary procedures stipulated
Article 17 An international freight forwarding agency may accept a commission to operate part or all of the following business: 1. To book ship’s holds and warehouses. 2. Supervision of freight loading and unloading and assembling and dismantling of containers. 3. Multi-forms of international through transportation. 4. International express delivery excluding private letters. 5. To make customs declaration, undergo customs quarantine and inspection and to insure, 6. To prepare related bills and certificates, pay transport charges, settle accounts and pay miscellaneous fees. 7. Other businesses of international forwarder. An international freight forwarding agency should conduct its business within the ratified scope. To engage in above-mentioned businesses International freight forwarding agencies can be mutually entrusted to conduct business stipulated in this articles. Article 18 International freight forwarding agencies should pursue and operational policy of safety, high speed, accuracy, economy and convenience Article 19 An international freight forwarding agency must set the standards of charges to be collected according to relevant state stipulations Article 20 An international freight forwarding agency must use invoices checked and approved by taxation departments in its business, Article 21 An international freight forwarding agency should hand in a report on its business performance of the previous year to the competent Article 22 An international freight forwarding agency is not allowed to do the following things: 1.To conduct its business through using unfair competition method. 2. To lend, lease or transfer to others its certificate of ratification and other papers concerning international freight forwarder.
Article 23 When and international freight forwarding agency violates the stipulations of Articles 19 and 21 of the regulations, the competent Article 24 When an international freight forwarding agency violates the 2nd stipulation of Article 17 and stipulations of Articles 20 and 22, Article 25 To engage in international freight forwarder as prescribed in Article 17 without authorization in violation of the stipulations of Article 26 If violations of the regulations constitute a crime the violator should be given criminal sanctions according to law.
CHAPTER VI SUPPLEMENTARY PROVISIONS Article 27 International freight forwarders may set up an association of international freight forwarders which can give guidance and provide
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