Title: Circular 105/2006/TT-BTC of November 15, 2006 guiding the financial regime and customs procedures applicable to Van Phong economic zone, Khanh Hoa province

Type: Circular

Issuing Agency: Ministry of Finance

Responsible Agency: Ministry of Finance

Issuing Date: 15-11-2006

 

Conditions for application of the financial regime related to the non-tariff zone

The financial mechanisms provided for the non-tariff zone in Van Phong EZ apply only when the non-tariff zone fully satisfies the following conditions:

- Having a solid fence to ensure the isolation of activities within it from those in other functional zones in Van Phong EZ;

- Having no population quarter, no permanent or temporary residents (including foreigners);

- Having customs offices to supervise and check people, goods and means of transport entering or leaving the non-tariff zone.

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