Import agent

Process

The overseas exporter entrusts the freight company to transport the goods to the designated place. The exporter pays the freight company according to certain freight charges. The freight company provides high-quality services and guarantees the safety of the goods.

According to the different modes of transportation, it is divided into the operations of import shipping agency, import air agency, express import agency and import land agency.

1. Sign an export contract with a foreign buyer on behalf of a customer and make a formal invoice;

2. Sign a purchasing contract with domestic suppliers on behalf of customers;

3. On behalf of tracking contract execution degree;

4. Formulate import documents (invoices, box lists) on behalf of the contract;

5. On behalf of importer inspection, health inspection;

6. Cooperating with import licenses (automatic import licenses, heavy industry import licenses, import mechanical and electrical licenses, etc.) required for imports;

7. Cooperate with import license procedures;

8. Handle import declaration on behalf of;

9. Charge d'affaires for import transportation;

10. Handle import foreign exchange collection and settlement;

11. Handle import documents on behalf of the company.

customs clearance

After the goods arrive at the destination port, a professional customs declaration company is required to act as the agent for import declaration. Of course, the import agent company will help the import entrusting unit prepare the customs declaration form, invoice, packing list, and teach the entrusting unit to provide a full set of customs declaration documents. And prepare to provide the customs declaration inspection description.

cost

It means that after the trade agent helps the importer to import the goods, the trade agent is entrusted by the buyer to handle the import business, from which it provides various agency services for the parties and charges agency fees. The agency fee is one percent of the total value of imports.

note

The most important thing for import agents is the ownership of the goods. After negotiation with the import agent, the owner of the goods must sign an import agent agreement to specify the ownership of the goods to avoid disputes arising therefrom. Import agents must also protect their rights and interests in a timely manner. Disputes and legal litigation cases due to the failure to receive due benefits after releasing goods to customers.

Export agent

Overview

An export agent refers to a company that has import and export rights to help enterprises or individuals without import and export rights to engage in export business. The verification form used is for the agency. In order to ensure a smooth tax rebate, the general agency company signs a sales contract with the agency client, but does not have business transactions with it. The general export agency deals with items for export consignors: foreign exchange collection, customs declaration, booking, document production, write-off, and tax refund.

Some companies with import and export rights may also entrust some trading companies to export. On the one hand, they may find it more troublesome to operate. In addition, although some companies have import and export rights, they do not know much about exports, and there is no trading talent in the company.

If you are looking for an agent export company, you must find a strong company. You should be able to help them pay the export tax rebate. If it is a small company, they may take the risk of being tempted by huge amounts of money. At the same time, there are powerful companies, the export volume they are exposed to is also very large, experienced and very professional.

Process

The export agency is to prepare the source of the domestic supplier, negotiate the relevant supply conditions with the foreign buyer, and we will handle the export procedures.

details as follows:

1. Sign an export contract with a foreign buyer on behalf of a customer and make a formal invoice;

2. Sign a purchasing contract with domestic suppliers on behalf of customers, and domestic suppliers provide VAT invoices;

3. On behalf of tracking contract execution degree;

4. Formulate export documents (invoices, box lists) on behalf of the contract;

5. Acting for export commodity inspection and health inspection;

6. Cooperate with the certificate of origin;

7. Cooperate with export approval documents;

8. Handle export declaration on behalf of;

9. Agency for export transportation;

10. Handle export foreign exchange collection, settlement, and write-off on behalf of;

11. Handle export tax rebates on behalf of.

From the perspective of the agent, the agent of a general civil agent can be either a natural person or a legal person. The agent of the export agent must be a businessman, including a commercial legal person and an individual businessman. At present, there is no concept of "merchant" in China's law, and the legal sense of "merchant" should be understood as a business registration, a business account book, corresponding professional knowledge, technical equipment and funds, and a certain profitable business activity. Legal person enterprises, partnership enterprises, sole proprietorship enterprises and individual industrial and commercial households, etc. Moreover, in the export agency, at least one of the agent, agent or second person usually has a place of business in a different country.

customs clearance

After the goods are sent to the warehouse, a professional agency company is required to produce export customs declaration business based on the information provided by the entrusting party. Of course, to help the export consigning unit prepare the customs declaration form, invoice, packing list, verification form, customs declaration letter, etc. to provide a full set of Customs documents. And prepare to provide the customs declaration inspection description.

cost

It means that after the trade agent helps the exporter to export the goods, the trade agent is entrusted by the buyer to handle the export business, from which it provides various agency services for the parties and charges agency fees. The agency fee is 1% of the total value of export purchases.

Billing and settlement involved in export agency

Amount of value-added tax invoice issued by the factory = payment paid by the export agent to the factory

Income = expenditure + profit

For the export agent (assuming that the value-added tax invoice is 13%, and the export agent does not advance the freight and other expenses):

Revenue = foreign currency * quoted price + tax refund

Expenditure = factory due payment

Profit = agency fees

Substituting all factors into the equation after "income = expenditure + profit", it shows all the cost relationships in the export agency: (the condition of establishment is the above assumption)

Foreign currency*Brand price + Tax rebate = Factory due payment (referred to as "payment") + agency fee

Tax refund = VAT invoice amount / 1.13* Tax refund rate = Factory due payment (referred to as "payment") / 1.13 * Tax refund rate

Substituting the second equation above into the first equation gives

Foreign currency * quotation + payment / 1.13 * tax refund rate = payment + agency fee

Organize this equation:

Payment* (1.13 – tax refund rate) / 1.13=foreign currency* quotation price – agency fee