China NVOCC License and Bond
In the People's Republic of China, the Ministry of Communications (MOC) dictate that in order for a foreign NVOCC to issue its own House Bill of Lading in PRC, they must be bonded and Licensed.
The correct procedure requires a "CASH" bond is posted in the Bank of China to the value of RMB800,000 or approximately US$125,000.
Collyer Logistics have been bonded and licensed in China since the new rule came out in 2002. Collyer also holds separate licenses and bonds for each of its China offices. The Collyer total cash bond in Beijing amounts to RMB2,200,000 or approximately US$335,000.
You can view a copy of our License No. MOC-NV00711 here!
In summer of 2007, the MOC has showed renewed determination to enforce its NVOCC license rules. All Foreign NVOCC companies are affected by this so if you have any questions or concerns please do not hesitate to contact Andy Russell at firstname.lastname@example.org .
All Collyer clients and partners can be confident of our legal and legitimate services provided in the PRC!