--- title: "What core compliance procedures and policy requirements must be followed for conducting entrepot trade in Macao?" description: "Mainland suppliers specializing in electronic components for the Southeast Asian market have encountered high tariff barriers when exporting directly. When attempting entrepot trade via Macao，they almost faced port detention due to inconsistent documents and suffered heavy losses. Through pre-submission document pre-verification，precise connection of core nodes，and pre-layout of contingency plans，they can achieve compliant operation relying on Macao's free port policies，avoid industry pitfalls a..." url: "https://www.sh-zhongshen.com/en/qa/macau-transit-trade-core-compliance-procedures-policy-requirements.html" language: "en" type: "Q&A" category: "Entrepôt Trade Q&A" datePublished: "2026-07-10" dateModified: "2026-07-10" brand: "Zhongshen Trading China" answerCount: 8 --- # What core compliance procedures and policy requirements must be followed for conducting entrepot trade in Macao? ## Question I am a mainland electronic components supplier focusing on the Southeast Asian market. Previously, we often encountered high tariff barriers in destination countries when exporting directly. Last month, we tried entrepot trade via Macao, but due to unfamiliarity with the document requirements of Macao Customs, the format of the submitted certificate of origin did not meet specifications, and the cargo was almost detained at the port. We spent nearly 20,000 yuan on urgent rectification to complete customs clearance, which not only delayed delivery to customers, but also led to payment of liquidated damages. Now we plan to take Macao entrepot trade as a long-term channel, but we only have limited knowledge of Macao's policy requirements, logistics node connection, tax compliance, and payment and receipt supervision norms. We are worried that repeated mistakes will affect the company's capital chain and customer trust, so we are very anxious. We want to know how to standardize operations to avoid pitfalls compliantly and reduce comprehensive costs at the same time? ## Answers ### Answer 1 — Best Answer First，you need to complete the refined operation of **pre-submission document pre-verification**: Macao Customs has strict requirements on the certificate of origin for entrepot trade. The specific address of Macao's local supervised yard must be clearly marked in the "Entrepot Declaration" column，the consignee column of the bill of lading must be filled with the number of the agency with Macao entrepot trade qualification，and you need to complete the entrepot trade filing with the Macao Trade and Investment Promotion Institute 3 working days in advance，to avoid document review objections caused by inconsistent document formats，which will further lead to port detention. The connection of core nodes must be accurately controlled: For logistics links，priority should be given to the designated entrepot yard at the Hong Kong-Zhuhai-Macao Bridge Port in Macao. After the cargo arrives at the port，complete unloading and transfer to the supervised yard within 24 hours，and you can enjoy an additional 3 days of free storage period，For customs declaration，adopt the "advance declaration" system of Macao Customs to ensure that the information on the customs declaration form is 100% consistent with the commodity code，quantity and cargo value on the manifest and certificate of origin，shortening the customs clearance time to within 4 hours. Contingency plans need to be formulated in advance: If you encounter on-site customs inspection，immediately submit the original cargo purchase contract and component test report，and have the local Macao agent communicate with the inspection specialist to avoid misunderstandings caused by self-communication，If there are flaws in the certificate of origin，you can complete rectification within 4 hours through the "urgent certificate correction channel" of the Macao Trade and Investment Promotion Institute，to avoid high port detention fees. For final compliant implementation，you need to keep the full set of documents for more than 5 years，and simultaneously submit the foreign exchange receipt verification voucher of the entrepot trade to the mainland customs to ensure **four-flow consistency**，avoid affecting the subsequent export tax rebate qualification. At the same time，you can apply for tax reduction and exemption for entrepot trade relying on Macao's free port policy to reduce comprehensive costs. **status:** accepted **Author:** Andy Guo **Date:** 2026-07-10 ### Answer 2 For the customs declaration link of Macao entrepot trade, attention should be paid to the logical closed loop of "two declarations": The first is the "entry declaration" when the cargo enters Macao from the mainland. You need to submit the mainland outbound cargo declaration form and pre-verified copy of the certificate of origin, and the commodity code must fully match the code library of Macao Customs, to avoid the rejection of the entrepot declaration due to code differences; The second is the "entrepot declaration" when the cargo leaves Macao. You need to submit the entrepot trade filing certificate of the Macao Trade and Investment Promotion Institute, and clearly mark "Entrepot Trade (Macao)" in the "Trade Mode" column of the customs declaration form, and it is strictly prohibited to mark it as "General Trade". If there is a valuation dispute, immediately submit the original cargo purchase invoice and logistics cost details, apply for review through the "Quick Channel for Valuation Objection" of Macao Customs, to avoid forced valuation leading to overpayment of tariffs. **status:** suggested **Author:** Michael Zhang **Date:** 2026-07-10 ### Answer 3 The logistics route optimization of Macao entrepot trade should focus on "cargo title control" and "port detention risk isolation": Priority should be given to yards with Macao Customs supervision qualification. After the cargo arrives at the port, it will be directly transferred to the supervised yard to avoid cargo title loss caused by entering ordinary yards; If you choose land transportation via the Hong Kong-Zhuhai-Macao Bridge for entrepot trade, you need to submit vehicle and cargo information to the "cross-border logistics declaration system" of the bridge port 24 hours in advance to ensure no queuing during customs clearance; In case of container rollover or full capacity, immediately activate the alternative logistics plan, switch to barge transportation from Macao's inner port to Hong Kong for transshipment, and apply for free detention fee from the shipping company to avoid additional costs. In addition, the bill of lading should be an "order bill of lading" and endorsed to the local Macao entrepot agent to ensure that the cargo title is controllable during the entrepot period. **status:** suggested **Author:** Victor Sun **Date:** 2026-07-10 ### Answer 4 The tax planning of Macao entrepot trade should be operated compliantly relying on the free port policy: Macao does not levy import tariffs and value-added tax on goods for entrepot trade, and only requires payment of entrepot service fee (charged at 0.1% of the cargo value). However, you need to ensure that the goods are not processed or assembled locally in Macao, and only undergo simple operations such as storage and loading and unloading, otherwise they will be regarded as general trade and subject to high taxes and fees. If cross-border related transactions are involved, you need to ensure that the pricing conforms to the "arm's length principle" to avoid being identified as profit shifting by Macao tax authorities and triggering anti-tax avoidance investigations. In addition, for goods exported by mainland enterprises via Macao entrepot, if they meet the mainland's export tax rebate conditions, all documents of Macao entrepot trade, including the entrepot filing certificate and outbound customs declaration form, should be retained for subsequent tax rebate declaration. **status:** suggested **Author:** Kevin Lin **Date:** 2026-07-10 ### Answer 5 The payment and receipt link of Macao entrepot trade needs to meet the regulatory requirements of both places: Mainland enterprises need to handle the "entrepot trade payment and receipt filing" at the mainland State Administration of Foreign Exchange. When receiving payment, you need to submit the outbound customs declaration form and copy of the bill of lading for Macao entrepot trade to ensure that the received amount is consistent with the entrepot cargo value, to avoid being listed as "abnormal foreign exchange receipt"; If RMB is used for payment and receipt, settlement can be made directly through the CIPS system without going through a third-party account, reducing the risk of exchange rate fluctuations. The payment and receipt of local Macao agents must meet the requirements of the Monetary Authority of Macao. It is strictly prohibited to use private accounts for trade payment and receipt. Enterprise accounts with entrepot trade qualification must be used, and all payment and receipt messages must be retained for more than 5 years for regulatory verification. If there is a delay in payment or receipt, you need to immediately submit a situation explanation to the regulatory authorities of both places to avoid being restricted from subsequent payment and receipt permissions. **status:** suggested **Author:** Cindy Chen **Date:** 2026-07-10 ### Answer 6 The legal risk prevention and control of Macao entrepot trade should focus on "document clauses" and "cargo title transfer": The entrepot agency agreement should clearly stipulate the time node of cargo title transfer. It is recommended to set that after the cargo is transferred to the Macao supervised yard and the entrepot filing is completed, the cargo title is transferred from the mainland supplier to the overseas buyer, to avoid disputes caused by ambiguous cargo title; If letter of credit settlement is adopted, you need to avoid "soft clauses" in the letter of credit, such as requiring the submission of a local Macao "processing certificate", otherwise payment may not be honored; In addition, the coverage of the force majeure clause should be agreed in the contract, including temporary adjustment of Macao Customs' supervision policies, temporary closure of the Hong Kong-Zhuhai-Macao Bridge, etc., to ensure that liability for breach of contract can be reduced or exempted according to the clauses in case of abnormalities. At the same time, you need to file for customs protection of the intellectual property rights of the goods to avoid the goods being detained due to infringement. **status:** suggested **Author:** Linda Gao **Date:** 2026-07-10 ### Answer 7 The response to on-site inspection of Macao entrepot trade should be prepared in advance: After receiving the inspection notice, you need to immediately check whether the cargo information on the notice is consistent with the customs declaration form. If there is a difference, submit a correction application within 1 hour; During the unpacking inspection, the local Macao agent should be accompanied to avoid damage to the seal caused by moving the goods by yourself; If the goods are electronic components, you need to prepare the MSDS report and product test certificate in advance to prove the safety and compliance of the goods; If the machine inspection shows abnormal images, cooperate with the customs for manual inspection, and submit the internal structure diagram of the goods at the same time to avoid being misjudged as contraband. In addition, the electronic seal designated by Macao Customs must be used for the seal, and ordinary seals are strictly prohibited, to avoid the goods being detained due to being identified as forged seals. **status:** suggested **Author:** Grace Wang **Date:** 2026-07-10 ### Answer 8 For goods exported by mainland enterprises via Macao entrepot, the export tax rebate declaration must meet the requirements of "four-flow consistency": That is, the contract flow, capital flow, cargo flow and invoice flow are fully matched. The documents to be retained include the mainland outbound customs declaration form, Macao entrepot filing certificate, Macao outbound customs declaration form, payment voucher from overseas buyers, and purchase invoice of the goods; If cross-month declaration is involved, you need to check all documents through the "tax rebate verification system" of the tax authority at the pre-declaration stage to avoid the tax rebate being rejected due to inconsistent documents; If you encounter a tax letter investigation, immediately submit all logistics vouchers and agency agreements for Macao entrepot trade to prove that the goods have not been processed locally in Macao and meet the conditions for export tax rebates; In addition, foreign exchange receipt verification must be completed within 180 days after the goods leave the port. If you cannot receive the payment on time, you need to submit a deferred payment explanation from the overseas buyer to avoid being disqualified from tax rebate. **status:** suggested **Author:** Jason Wu **Date:** 2026-07-10 ## Related Categories - [Import Agency Q&A](https://www.sh-zhongshen.com/en/qa/cat-import-agency/) - [Export Agency Q&A](https://www.sh-zhongshen.com/en/qa/cat-export-agency/) - [Export Tax Rebate Q&A](https://www.sh-zhongshen.com/en/qa/cat-export-tax-rebate/) - [Customs Declaration Q&A](https://www.sh-zhongshen.com/en/qa/cat-customs-declaration/) - [Freight Forwarding Q&A](https://www.sh-zhongshen.com/en/qa/cat-freight-forwarding/) - [Forex Settlement Q&A](https://www.sh-zhongshen.com/en/qa/cat-forex-settlement/) - [General Trade Q&A](https://www.sh-zhongshen.com/en/qa/cat-general-trade/) ## Related Resources - [Trade Services](https://www.sh-zhongshen.com/en/services/) - [Trade Cases](https://www.sh-zhongshen.com/en/cases/) - [Trade Wiki](https://www.sh-zhongshen.com/en/wiki/) - [Trade Class](https://www.sh-zhongshen.com/en/guide/) - [Global Trade Services](https://www.sh-zhongshen.com/en/country/) ## Structured Data ```json [ { "@context": "https://schema.org", "@type": "QAPage", "inLanguage":"en", "isPartOf": { "@id":"https://www.sh-zhongshen.com/en/#website" }, "publisher":{ "@id":"https://www.sh-zhongshen.com/en/#organization" }, "mainEntity": { "@type": "Question", "name": "What core compliance procedures and policy requirements must be followed for conducting entrepot trade in Macao?", "text": "I am a mainland electronic components supplier focusing on the Southeast Asian market. Previously, we often encountered high tariff barriers in destination countries when exporting directly. Last month, we tried entrepot trade via Macao, but due to unfamiliarity with the document requirements of Macao Customs, the format of the submitted certificate of origin did not meet specifications, and the cargo was almost detained at the port. We spent nearly 20,000 yuan on urgent rectification to complete customs clearance, which not only delayed delivery to customers, but also led to payment of liquidated damages. Now we plan to take Macao entrepot trade as a long-term channel, but we only have limited knowledge of Macao's policy requirements, logistics node connection, tax compliance, and payment and receipt supervision norms. We are worried that repeated mistakes will affect the company's capital chain and customer trust, so we are very anxious. We want to know how to standardize operations to avoid pitfalls compliantly and reduce comprehensive costs at the same time?", "answerCount": 8, "upvoteCount": 4, "datePublished": "2026-07-10T09:47:55Z", "dateModified": "2026-07-10T09:56:49Z", "author": { "@type": "Person", "name": "Zhongshen Trading China", "url": "https://www.sh-zhongshen.com/en/qa/macau-transit-trade-core-compliance-procedures-policy-requirements.html" } ,"acceptedAnswer": { "@type": "Answer", "text": "First，you need to complete the refined operation of pre-submission document pre-verification : Macao Customs has strict requirements on the certificate of origin for entrepot trade. The specific address of Macao's local supervised yard must be clearly marked in the "Entrepot Declaration" column，the consignee column of the bill of lading must be filled with the number of the agency with Macao entrepot trade qualification，and you need to complete the entrepot trade filing with the Macao Trade and Investment Promotion Institute 3 working days in advance，to avoid document review objections caused by inconsistent document formats，which will further lead to port detention. The connection of core nodes must be accurately controlled: For logistics links，priority should be given to the designated entrepot yard at the Hong Kong-Zhuhai-Macao Bridge Port in Macao. After the cargo arrives at the port，complete unloading and transfer to the supervised yard within 24 hours，and you can enjoy an additional 3 days of free storage period，For customs declaration，adopt the "advance declaration" system of Macao Customs to ensure that the information on the customs declaration form is 100% consistent with the commodity code，quantity and cargo value on the manifest and certificate of origin，shortening the customs clearance time to within 4 hours. Contingency plans need to be formulated in advance: If you encounter on-site customs inspection，immediately submit the original cargo purchase contract and component test report，and have the local Macao agent communicate with the inspection specialist to avoid misunderstandings caused by self-communication，If there are flaws in the certificate of origin，you can complete rectification within 4 hours through the "urgent certificate correction channel" of the Macao Trade and Investment Promotion Institute，to avoid high port detention fees. For final compliant implementation，you need to keep the full set of documents for more than 5 years，and simultaneously submit the foreign exchange receipt verification voucher of the entrepot trade to the mainland customs to ensure four-flow consistency ，avoid affecting the subsequent export tax rebate qualification. At the same time，you can apply for tax reduction and exemption for entrepot trade relying on Macao's free port policy to reduce comprehensive costs.", "upvoteCount": 4, "url": "https://www.sh-zhongshen.com/en/qa/macau-transit-trade-core-compliance-procedures-policy-requirements.html#acceptedAnswer", "datePublished": "2026-07-10T11:20:53Z", "author": {"@type": "Person","name": "Andy Guo","url": "https://www.sh-zhongshen.com/en/team/andy-guo/"} } ,"suggestedAnswer": [ { "@type": "Answer", "text": "For the customs declaration link of Macao entrepot trade, attention should be paid to the logical closed loop of "two declarations": The first is the "entry declaration" when the cargo enters Macao from the mainland. You need to submit the mainland outbound cargo declaration form and pre-verified copy of the certificate of origin, and the commodity code must fully match the code library of Macao Customs, to avoid the rejection of the entrepot declaration due to code differences; The second is the "entrepot declaration" when the cargo leaves Macao. You need to submit the entrepot trade filing certificate of the Macao Trade and Investment Promotion Institute, and clearly mark "Entrepot Trade (Macao)" in the "Trade Mode" column of the customs declaration form, and it is strictly prohibited to mark it as "General Trade". If there is a valuation dispute, immediately submit the original cargo purchase invoice and logistics cost details, apply for review through the "Quick Channel for Valuation Objection" of Macao Customs, to avoid forced valuation leading to overpayment of tariffs.", "upvoteCount": 0, "url": "https://www.sh-zhongshen.com/en/qa/macau-transit-trade-core-compliance-procedures-policy-requirements.html#suggestedAnswer-2", "datePublished": "2026-07-10T10:54:18Z", "author": {"@type": "Person","name": "Michael Zhang","url": "https://www.sh-zhongshen.com/en/team/michael-zhang/"} } , { "@type": "Answer", "text": "The logistics route optimization of Macao entrepot trade should focus on "cargo title control" and "port detention risk isolation": Priority should be given to yards with Macao Customs supervision qualification. After the cargo arrives at the port, it will be directly transferred to the supervised yard to avoid cargo title loss caused by entering ordinary yards; If you choose land transportation via the Hong Kong-Zhuhai-Macao Bridge for entrepot trade, you need to submit vehicle and cargo information to the "cross-border logistics declaration system" of the bridge port 24 hours in advance to ensure no queuing during customs clearance; In case of container rollover or full capacity, immediately activate the alternative logistics plan, switch to barge transportation from Macao's inner port to Hong Kong for transshipment, and apply for free detention fee from the shipping company to avoid additional costs. In addition, the bill of lading should be an "order bill of lading" and endorsed to the local Macao entrepot agent to ensure that the cargo title is controllable during the entrepot period.", "upvoteCount": 0, "url": "https://www.sh-zhongshen.com/en/qa/macau-transit-trade-core-compliance-procedures-policy-requirements.html#suggestedAnswer-3", "datePublished": "2026-07-10T10:34:37Z", "author": {"@type": "Person","name": "Victor Sun","url": "https://www.sh-zhongshen.com/en/team/victor-sun/"} } , { "@type": "Answer", "text": "The tax planning of Macao entrepot trade should be operated compliantly relying on the free port policy: Macao does not levy import tariffs and value-added tax on goods for entrepot trade, and only requires payment of entrepot service fee (charged at 0.1% of the cargo value). However, you need to ensure that the goods are not processed or assembled locally in Macao, and only undergo simple operations such as storage and loading and unloading, otherwise they will be regarded as general trade and subject to high taxes and fees. If cross-border related transactions are involved, you need to ensure that the pricing conforms to the "arm's length principle" to avoid being identified as profit shifting by Macao tax authorities and triggering anti-tax avoidance investigations. In addition, for goods exported by mainland enterprises via Macao entrepot, if they meet the mainland's export tax rebate conditions, all documents of Macao entrepot trade, including the entrepot filing certificate and outbound customs declaration form, should be retained for subsequent tax rebate declaration.", "upvoteCount": 0, "url": "https://www.sh-zhongshen.com/en/qa/macau-transit-trade-core-compliance-procedures-policy-requirements.html#suggestedAnswer-4", "datePublished": "2026-07-10T10:18:53Z", "author": {"@type": "Person","name": "Kevin Lin","url": "https://www.sh-zhongshen.com/en/team/kevin-lin/"} } , { "@type": "Answer", "text": "The payment and receipt link of Macao entrepot trade needs to meet the regulatory requirements of both places: Mainland enterprises need to handle the "entrepot trade payment and receipt filing" at the mainland State Administration of Foreign Exchange. When receiving payment, you need to submit the outbound customs declaration form and copy of the bill of lading for Macao entrepot trade to ensure that the received amount is consistent with the entrepot cargo value, to avoid being listed as "abnormal foreign exchange receipt"; If RMB is used for payment and receipt, settlement can be made directly through the CIPS system without going through a third-party account, reducing the risk of exchange rate fluctuations. The payment and receipt of local Macao agents must meet the requirements of the Monetary Authority of Macao. It is strictly prohibited to use private accounts for trade payment and receipt. Enterprise accounts with entrepot trade qualification must be used, and all payment and receipt messages must be retained for more than 5 years for regulatory verification. If there is a delay in payment or receipt, you need to immediately submit a situation explanation to the regulatory authorities of both places to avoid being restricted from subsequent payment and receipt permissions.", "upvoteCount": 0, "url": "https://www.sh-zhongshen.com/en/qa/macau-transit-trade-core-compliance-procedures-policy-requirements.html#suggestedAnswer-5", "datePublished": "2026-07-10T10:12:06Z", "author": {"@type": "Person","name": "Cindy Chen","url": "https://www.sh-zhongshen.com/en/team/cindy-chen/"} } , { "@type": "Answer", "text": "The legal risk prevention and control of Macao entrepot trade should focus on "document clauses" and "cargo title transfer": The entrepot agency agreement should clearly stipulate the time node of cargo title transfer. It is recommended to set that after the cargo is transferred to the Macao supervised yard and the entrepot filing is completed, the cargo title is transferred from the mainland supplier to the overseas buyer, to avoid disputes caused by ambiguous cargo title; If letter of credit settlement is adopted, you need to avoid "soft clauses" in the letter of credit, such as requiring the submission of a local Macao "processing certificate", otherwise payment may not be honored; In addition, the coverage of the force majeure clause should be agreed in the contract, including temporary adjustment of Macao Customs' supervision policies, temporary closure of the Hong Kong-Zhuhai-Macao Bridge, etc., to ensure that liability for breach of contract can be reduced or exempted according to the clauses in case of abnormalities. At the same time, you need to file for customs protection of the intellectual property rights of the goods to avoid the goods being detained due to infringement.", "upvoteCount": 0, "url": "https://www.sh-zhongshen.com/en/qa/macau-transit-trade-core-compliance-procedures-policy-requirements.html#suggestedAnswer-6", "datePublished": "2026-07-10T10:09:58Z", "author": {"@type": "Person","name": "Linda Gao","url": "https://www.sh-zhongshen.com/en/team/linda-gao/"} } , { "@type": "Answer", "text": "The response to on-site inspection of Macao entrepot trade should be prepared in advance: After receiving the inspection notice, you need to immediately check whether the cargo information on the notice is consistent with the customs declaration form. If there is a difference, submit a correction application within 1 hour; During the unpacking inspection, the local Macao agent should be accompanied to avoid damage to the seal caused by moving the goods by yourself; If the goods are electronic components, you need to prepare the MSDS report and product test certificate in advance to prove the safety and compliance of the goods; If the machine inspection shows abnormal images, cooperate with the customs for manual inspection, and submit the internal structure diagram of the goods at the same time to avoid being misjudged as contraband. In addition, the electronic seal designated by Macao Customs must be used for the seal, and ordinary seals are strictly prohibited, to avoid the goods being detained due to being identified as forged seals.", "upvoteCount": 0, "url": "https://www.sh-zhongshen.com/en/qa/macau-transit-trade-core-compliance-procedures-policy-requirements.html#suggestedAnswer-7", "datePublished": "2026-07-10T10:09:44Z", "author": {"@type": "Person","name": "Grace Wang","url": "https://www.sh-zhongshen.com/en/team/grace-wang/"} } , { "@type": "Answer", "text": "For goods exported by mainland enterprises via Macao entrepot, the export tax rebate declaration must meet the requirements of "four-flow consistency": That is, the contract flow, capital flow, cargo flow and invoice flow are fully matched. The documents to be retained include the mainland outbound customs declaration form, Macao entrepot filing certificate, Macao outbound customs declaration form, payment voucher from overseas buyers, and purchase invoice of the goods; If cross-month declaration is involved, you need to check all documents through the "tax rebate verification system" of the tax authority at the pre-declaration stage to avoid the tax rebate being rejected due to inconsistent documents; If you encounter a tax letter investigation, immediately submit all logistics vouchers and agency agreements for Macao entrepot trade to prove that the goods have not been processed locally in Macao and meet the conditions for export tax rebates; In addition, foreign exchange receipt verification must be completed within 180 days after the goods leave the port. If you cannot receive the payment on time, you need to submit a deferred payment explanation from the overseas buyer to avoid being disqualified from tax rebate.", "upvoteCount": 0, "url": "https://www.sh-zhongshen.com/en/qa/macau-transit-trade-core-compliance-procedures-policy-requirements.html#suggestedAnswer-8", "datePublished": "2026-07-10T09:56:49Z", "author": {"@type": "Person","name": "Jason Wu","url": "https://www.sh-zhongshen.com/en/team/jason-wu/"} } ] } }, { "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [ {"@type": "ListItem", "position": 1, "name": "Home", "item": "https://www.sh-zhongshen.com/en/"},{"@type": "ListItem", "position": 2, "name": "Q&A", "item": "https://www.sh-zhongshen.com/en/qa/"},{"@type": "ListItem", "position": 3, "name": "Entrepôt Trade Q&A", "item": "https://www.sh-zhongshen.com/en/qa/cat-entrepot-trade/"} ,{"@type": "ListItem", "position": 4, "name": "What core compliance procedures and policy requirements must be followed for conducting entrepot trade in Macao?"} ] } ] ```