HONG KONG

Logistic and forwarding services in Hong Kong

Hongkong

Capital City
Peking

Population
7.04 Mio.

National languages
Chinese (Cantonese), English

Currency
Hongkong-Dollar (HKD)

Gross national product (GNP)
USD 224.46 Mrd.

GNP per person
USD 31’877

Financial exports to Switzerland
CHF 6’534.92 Mio.

Financial imports from Switzerland
CHF 1’636.35 Mio.

Bilateral relations Switzerland–Hong Kong

Hong Kong is an extraordinarily important economic partner to Switzerland. Since 1 July 1997 Hong Kong has been a Special Administrative Region of the People’s Republic of China, and as such it has no foreign policy of its own.

 

Business language

English, Chinese.

Dimensions and weights

Metric system.

Currency

National currency: Hong Kong Dollar (HK $) = 100 Cents (c).
ISO code: HKD

Customs tariff

Harmonised system.

Import control

Hong Kong retains the status of a free port. An import licence is required for certain goods including textiles, certain agricultural chemicals and strategic goods and goods which are hazardous to health or public safety.
The validity of licences is generally six months. The goods must arrive within the duration of validity of the licence. The Customs & Excise Department can provide information on this. A declaration fee must be paid within 14 days of import for all goods. The Trade Declaration Charge is levied. There is a ban on the import of goods from the following countries: Afghanistan, Cote d’Ivoire, Eritrea, Iraq, Iran, Congo, Lebanon, Libya, North Korea, Somalia, Sudan.
There are special norms and standards for consumer items, pharmaceuticals, medical devices, electronic products, foods, children’s toys. The Product Standards Information Bureau or Hong Kong Accreditation Service can provide more information.
The foreign currency market is free.

Terms of payment and tenders

Irrevocable, confirmed letter of credit. Depending on the business relationship, delivery on a collection basis is also possible. Where possible obtain information about the creditworthiness of new customers. Tenders should ideally be submitted in Hong Kong dollars, EUR or USD. Generally CFR or CIF port of destination, the FOB and CIF values should be indicated separately.

Designations of origin

To be noted on the commercial invoices and on the packaging.

Marking/labelling

Standard marking in English or Chinese. There are special labelling regulations for goods including foods, medical technology, pharmaceuticals and electronic devices.

Packaging

Seaworthy packaging, very water-resistant. No special regulations for marking the boxes. Marking in Chinese characters facilitates and accelerates processing. Use of the IPPC standard ISPM no. 15.

Product samples

Product samples are duty free. The shipment of samples which are subject to duty as “product samples” is not permissible.
Carnet-ATA procedure possible.

Shipping and accompanying documents

a) Commercial invoices with all standard information, 3 copies, English, uncertified.

b) Certificates of origin are not required. Advisable in the event of re-export to, for example, the Philippines, Taiwan or South Korea; then submit 2 certified copies to the customs authorities. As the origin, indicate “Swiss” in the case of Swiss goods, or “European Union” for goods originating from UE.

c) Uncertified bills of lading, 2 copies, English. Order bills of lading possible if a notify address is given.

d) Postal packages up to 20 kg: 1 customs declaration in English/national language, 1 international dispatch note.