Are there really so many pitfalls in handling import and export rights?

Mr. Zhang has been very distressed recently. His company has produced a batch of high-quality products, and foreign customers have also expressed a strong willingness to purchase. However, due to the lack of import and export rights, the order has been unable to be finalized. There are not a few entrepreneurs like Mr. Zhang - how exactly should import and export rights be handled? Today, we will take you through the entire process in 10 minutes!

In the context of globalization, having import and export rights means:

• Directly connect with overseas customers and save the middleman's markup
• Independently complete key links such as customs declaration and tax rebate
• Enhance the international competitiveness of enterprises

Not all enterprises can apply. They need to meet:

• The business scope of the business license includes "import and export" or "import and export of goods and technologies"
• The opening of the basic bank account has been completed
• Basic materials such as the legal representative's ID card are complete

Step 1: Foreign trade operator filing
Log in to the website of the Ministry of Commerce to submit an application, and the filing form can be obtained within 3 working days. This is the "knock-on brick" for all subsequent steps.

Step 2: Customs registration
Carry materials such as the filing form to the local customs to obtain a 10-digit customs code. Note: Different ports may require separate filing.

Step 3: E-port card handling
This device, which looks like a USB shield, is the "digital ID card" for future customs declarations. The legal representative needs to be present in person to record fingerprints.

Step 4: Filing with the State Administration of Foreign Exchange
Open a foreign exchange revenue and expenditure account. It is recommended to choose a bank with international settlement experience.

Step 5: Inspection and quarantine registration
Extra handling is required for special categories such as food and cosmetics, and ordinary goods can skip this step.

Step 6: Determination of export tax rebate qualification
Only after completing this step can enterprises enjoy the 13% VAT tax rebate policy.

• Time budget: The full set of processes takes 15 - 30 days (it can be shortened to 10 days with expedited handling)
• Common sticking points: Duplicate customs codes, inconsistent e-port information
• Agency suggestions: Professional institutions such as Zhongshitong can save 60% of the time

Obtaining the qualification is just the beginning. It is recommended to immediately:

• Train financial personnel to master the filling specifications of customs declarations
• Establish an import and export business ledger management system
• Understand practical tools such as HS code query

After reading this guide, do you have a clear understanding of the handling process? Feel free to share your questions or experiences in the comment section. Business owners who have successfully handled it are welcome to share your "clearance time"! In the next issue, we will explain in detail the techniques for handling import and export accounts. Stay tuned.