Entrusted agency export, simply put, refers to production enterprises or suppliers who, due to their unfamiliarity with export business processes, rely on professional foreign trade agency companies to handle export matters. The general process is as follows: First, the entrusting party and the agency sign an entrusted agency export agreement to clarify the rights and obligations of both parties. Next, the entrusting party prepares the goods and relevant documents and hands them over to the agency. The agency is responsible for handling a series of export procedures such as customs declaration, inspection, booking, and transportation, as well as collecting foreign exchange. After the goods are exported, the agency will pay the entrusting party the remaining amount after deducting agency fees and other expenses according to the agreement. The main requirements for the entrusting party are: to ensure the goods meet quality standards, provide truthful and accurate product information and documents, and fulfill their obligations as per the agreement. Entrusted agency export allows enterprises to quickly enter the international market, leveraging the agency's professional expertise to reduce risks.
Professional consultant answers
William YangYears of service:5Customer Rating:5.0
International logistics consultantConsult
Entrusted agency export, simply put, refers to production enterprises or suppliers who, due to their unfamiliarity with export business processes, rely on professional foreign trade agency companies to handle export matters. The general process is as follows: First, the entrusting party and the agency sign an entrusted agency export agreement to clarify the rights and obligations of both parties. Next, the entrusting party prepares the goods and relevant documents and hands them over to the agency. The agency is responsible for handling a series of export procedures such as customs declaration, inspection, booking, and transportation, as well as collecting foreign exchange. After the goods are exported, the agency will pay the entrusting party the remaining amount after deducting agency fees and other expenses according to the agreement. The main requirements for the entrusting party are: to ensure the goods meet quality standards, provide truthful and accurate product information and documents, and fulfill their obligations as per the agreement. Entrusted agency export allows enterprises to quickly enter the international market, leveraging the agency's professional expertise to reduce risks.
Amanda YangYears of service:3Customer Rating:5.0
Cost control consultantConsult
Entrusted agency export can save enterprises the cost of building their own foreign trade teams. For companies like yours that are unfamiliar with exports, hiring an agency makes things much easier. Agency companies are familiar with various foreign trade rules and policies, helping to avoid many potential issues.
Robert ChenYears of service:6Customer Rating:5.0
Customer service consultantConsult
In agency export, the risk of foreign exchange collection generally falls on the entrusting party, but the agency has the obligation to assist in recovery. The entrusting party should communicate promptly with the agency about the goods and foreign exchange collection to ensure fund safety.
Joseph ZhouYears of service:10Customer Rating:5.0
Senior foreign trade managerConsult
In entrusted agency export, tax rebates are usually applied for by the entrusting party, with the agency providing relevant documents to assist. This allows the entrusting party to enjoy export tax rebate benefits.
James LiuYears of service:10Customer Rating:5.0
Foreign trade tax refund consultantConsult
The entrusting party should pay attention to selecting reputable and experienced agency companies, such as Zhongshitong. It’s advisable to review their past performance and reputation to avoid potential problems.
Emily LiuYears of service:10Customer Rating:5.0
Settlement and payment expertConsult
The entrusted agency export agreement is crucial. It should clearly define the agency fee calculation method, responsibilities of both parties, etc., to prevent disputes later on.
Jennifer WangYears of service:4Customer Rating:5.0
Market development consultantConsult
The entrusting party needs to cooperate with the agency in conducting goods inspections to ensure smooth export and compliance with target market requirements.
Sarah ZhangYears of service:8Customer Rating:5.0
Document expertConsult
Regarding goods transportation, the agency will choose the appropriate transportation method based on actual circumstances, and the entrusting party needs to provide necessary assistance.
Michelle ChenYears of service:3Customer Rating:5.0
Business coordination consultantConsult
During the entrusted agency export process, the entrusting party should maintain close communication with the agency to stay updated on export progress.