Agency export means that the consignor and the consignee sign an agency export agreement, and the consignee is responsible for handling the relevant matters of the export business. Its definition mainly depends on the following points:
First of all, there should be a clear agency agreement to stipulate the rights and obligations of both parties, such as the consignor providing goods and related documents, and the consignee being responsible for customs declaration, foreign exchange settlement, etc.
Secondly, the ownership of the exported goods belongs to the consignor, and the consignee does not own the goods. It only handles the export affairs according to the instructions of the consignor.
Furthermore, the consignee exports in the name of the consignor, and the operating unit on the customs declaration form and other export documents is the consignor, and the consignee is the agent.
Finally, in terms of financial treatment, the consignee does not bear the profit and loss of the export, but only charges the agency fee, and the sales revenue of the exported goods belongs to the consignor. Only when these conditions are met simultaneously can it be accurately defined as agency export.
Professional consultant answers
William YangYears of service:5Customer Rating:5.0
International logistics consultantConsult
Agency export means that the consignor and the consignee sign an agency export agreement, and the consignee is responsible for handling the relevant matters of the export business. Its definition mainly depends on the following points:
First of all, there should be a clear agency agreement to stipulate the rights and obligations of both parties, such as the consignor providing goods and related documents, and the consignee being responsible for customs declaration, foreign exchange settlement, etc.
Secondly, the ownership of the exported goods belongs to the consignor, and the consignee does not own the goods. It only handles the export affairs according to the instructions of the consignor.
Furthermore, the consignee exports in the name of the consignor, and the operating unit on the customs declaration form and other export documents is the consignor, and the consignee is the agent.
Finally, in terms of financial treatment, the consignee does not bear the profit and loss of the export, but only charges the agency fee, and the sales revenue of the exported goods belongs to the consignor. Only when these conditions are met simultaneously can it be accurately defined as agency export.
James LiuYears of service:10Customer Rating:5.0
Foreign trade tax refund consultantConsult
Generally speaking, if the consignee only helps the consignor handle some affairs in the export process, such as simply doing customs declaration, and the ownership of the goods is still with the consignor, it can also be regarded as agency export. But the prerequisite is that there is a relevant agency agreement.
Emily LiuYears of service:10Customer Rating:5.0
Settlement and payment expertConsult
From the tax perspective, for agency export, the consignee needs to issue a certificate of agency export goods to the consignor, and the consignor will handle the export tax rebate accordingly. This is also a key sign for defining agency export.
Robert ChenYears of service:6Customer Rating:5.0
Customer service consultantConsult
In terms of international transportation, if it is agency export, the transportation contract is usually signed by the consignee according to the requirements of the consignor, and the freight is generally borne by the consignor. This can also assist in the definition.
Sarah ZhangYears of service:8Customer Rating:5.0
Document expertConsult
When it comes to foreign exchange collection in agency export, it is usually in the name of the consignor. If the consignee collects it on behalf of the consignor, it also needs to transfer it to the consignor in a timely manner. This reflects the agency relationship in the capital flow.
Jennifer WangYears of service:4Customer Rating:5.0
Market development consultantConsult
In terms of product quality liability, the consignor is responsible for the quality of the exported products. If the consignee fulfills its duties as agreed, it does not bear the main liability caused by product quality. This is also a key point for definition.
David LiYears of service:6Customer Rating:5.0
Senior customs declaration consultantConsult
If in the transaction, the consignee participates in pricing and bears some sales risks, it is not quite like pure agency export and needs to be judged carefully.
Joseph ZhouYears of service:10Customer Rating:5.0
Senior foreign trade managerConsult
In agency export, if the warehousing arrangement of the goods is dominated by the consignor and the consignee only assists, this also conforms to the characteristics of agency export.
Michelle ChenYears of service:3Customer Rating:5.0
Business coordination consultantConsult
In terms of document handover, the consignor provides basic commercial documents, and the consignee processes and submits them to relevant departments. This process is also a common mode of agency export.