Hungary – Important Facts

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Hungary is a parliamentary constitutional republic in Central Europe. It is situated in the Carpathian Basin and is bordered by Slovakia to the north, Romania to the east, Serbia to the south, Croatia to the south west, Slovenia to the west, Austria to the north west, and Ukraine to the north east. The country’s capital […]

Hong Kong – Trade Statistics

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As one of the world’s leading international financial centres, Hong Kong’s service-oriented economy is characterized by its low taxation, almost free port trade and well established international financial market. Its currency, called the Hong Kong dollar, is legally issued by three major international commercial banks, and pegged to the US Dollar. Interest rates are determined […]

Hong Kong – Customs and Import duty tax calculation method

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Value-added tax (VAT) Hong Kong does not have a VAT, goods and services tax, or sales tax. Customs duties There is no tariff on general imports in Hong Kong. Excise tax Duties are levied on limited categories of dutiable commodities (i.e. tobacco, liquor, methyl alcohol, and hydrocarbons), regardless of whether they are imported or locally […]

Hong Kong – Important Facts

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Hong Kong officially the Hong Kong Special Administrative Region of the People’s Republic of China, is an autonomous territory on the Pearl River Delta in East Asia. The mainland Chinese province of Guangdong borders the territory to the north. With a total land area of 1,106 square kilometres (427 sq mi) and a population of […]

Honduras – Trade Statistics

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Honduras is the 95th largest export economy in the world and the 96th most complex economy according to the Economic Complexity Index (ECI). In 2014, Honduras exported $8.66B and imported $9.7B, resulting in a negative trade balance of $1.08B. In 2014 the GDP of Honduras was $19.4B and its GDP per capita was $4.91k. The […]

Honduras – Important forms while importing

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Export documents required: Bill of lading, Commercial invoice, Customs Export Declaration, Foreign Exchange Authorization, IHCAFE Certificate of origin, IHCAFE Export Certificate, OIC Export Certificate, Packing list, Phytosanitary certificate. Import documents required: Bill of lading, Cargo Release Order, Certificate of origin, Commercial invoice, Customs Import Declaration, Packing list, Terminal Handling Receipts.

Honduras – Important Facts

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Honduras officially the Republic of Honduras is a republic in Central America. It has at times been referred to as Spanish Honduras to differentiate it from British Honduras, which became modern-day Belize. Honduras is bordered to the west by Guatemala, to the south west by El Salvador, to the south east by Nicaragua, to the […]