Tax-free license is a scarce resource. There are eight duty-free licenses in Zhang Zhengui, among which there are three China International Travel Services (Zhong Mian (China Duty-free Group), Japan Merchants (Japanese Duty-free Bank) and Sponge (Hainan Duty-free Co., Ltd.).
The other five cards are: Shumian (gree real estate), Shenzhen Duty Free Group, Zhongfufu (China Overseas Service Co., Ltd.), Zhongqiao (Jilin Zhongqiao duty-free foreign exchange goods Co., Ltd.) and Wangfujing.
According to the business scope, there are four kinds of tax-free licenses: entry-exit tax-free license, Hainan Island tax-free license, entry-exit city tax-free license and airport tax-free license.
Duty-free business license is the entry threshold of duty-free industry, and it is issued by four ministries (these four departments charge joining fee, departure license 1% tax-free income, and outlying islands charge 4%).
The transformation of traditional department stores can't just rely on tax-free licenses.
Faced with the fiery concept of tax exemption, Chen Wen made five predictions. First, the probability of large-scale liberalization of tax-free licenses is low; Secondly, it is expected that state-owned enterprises in first-tier or provincial capital cities will have the opportunity to obtain licenses.
The third is that each city is expected to get only one permit initially; Fourth, licensed enterprises should be able to support and cooperate with the operation of tax-free enterprises; Fifth, the license application involves multiple departments, and the process may not be too fast.
There is still uncertainty about when and whether enterprises can finally obtain the qualification, especially when two enterprises in one place apply for tax exemption at the same time.
In fact, it is undoubtedly a great advantage for department stores that apply for a license to get a tax-free license and share a huge cake in limited competition. However, analysts believe that the transformation of traditional department stores still needs to work hard from the aspects of consumption experience, reducing the financial burden and the risk of cyclical fluctuations, and integrating with the Internet.