In entrepot trade, who to write as the consignee depends on the specific circumstances. If the entrepot trader assumes the ownership of the goods and the responsibility for sales, the consignee is usually written as the entrepot trader. This facilitates the entrepot trader to control the goods and flexibly arrange subsequent sales. However, if the actual buyer is directly responsible for customs clearance and other matters, for the sake of simplifying the process, the actual buyer can also be written as the consignee.
If the entrepot trader is written as the consignee, the entrepot trader needs to be responsible for the goods and bear relevant risks such as transportation and storage, but can better control the flow of goods and the sales rhythm. If the actual buyer is written as the consignee, the operation of the entrepot trader will be more convenient, but it is necessary to ensure smooth communication with the actual buyer and clarify the division of responsibilities to avoid problems in customs clearance and other links. In short, the determination of the consignee should be comprehensively considered in terms of the trade contract agreement, the division of responsibilities among all parties, and the operational convenience.
Professional consultant answers
Emily LiuYears of service:10Customer Rating:5.0
Settlement and payment expertConsult
In entrepot trade, who to write as the consignee depends on the specific circumstances. If the entrepot trader assumes the ownership of the goods and the responsibility for sales, the consignee is usually written as the entrepot trader. This facilitates the entrepot trader to control the goods and flexibly arrange subsequent sales. However, if the actual buyer is directly responsible for customs clearance and other matters, for the sake of simplifying the process, the actual buyer can also be written as the consignee.
If the entrepot trader is written as the consignee, the entrepot trader needs to be responsible for the goods and bear relevant risks such as transportation and storage, but can better control the flow of goods and the sales rhythm. If the actual buyer is written as the consignee, the operation of the entrepot trader will be more convenient, but it is necessary to ensure smooth communication with the actual buyer and clarify the division of responsibilities to avoid problems in customs clearance and other links. In short, the determination of the consignee should be comprehensively considered in terms of the trade contract agreement, the division of responsibilities among all parties, and the operational convenience.
Andrew HuangYears of service:7Customer Rating:5.0
Supply chain optimization expertConsult
Generally speaking, if the entrepot trader is responsible for the secondary sales of the goods, it is better to write the entrepot trader, so that the entrepot trader can handle the transportation, warehousing and other links of the goods better.
Elizabeth LiYears of service:3Customer Rating:5.0
Compliance and risk managerConsult
If the actual buyer has a close relationship with the supplier and is familiar with customs clearance and other matters, writing the actual buyer can speed up the customs clearance process and reduce intermediate communication links.
Robert ChenYears of service:6Customer Rating:5.0
Customer service consultantConsult
From the perspective of risks, if the entrepot trader is written as the consignee, in case of any quality problems of the goods, the entrepot trader may face claims from the actual buyer.
Joseph ZhouYears of service:10Customer Rating:5.0
Senior foreign trade managerConsult
If the actual buyer has special customs clearance requirements and capabilities, writing the actual buyer helps the goods pass through customs smoothly and avoids troubles caused by the entrepot trader's unfamiliarity.
David LiYears of service:6Customer Rating:5.0
Senior customs declaration consultantConsult
It also depends on how the trade contract is signed. Writing the consignee according to the contract provisions can avoid many disputes.
James LiuYears of service:10Customer Rating:5.0
Foreign trade tax refund consultantConsult
If the entrepot trader is written as the consignee, the entrepot trader should pay attention to the fluctuations in the market price of the goods, because the ownership of the goods is in their hands.
Sarah ZhangYears of service:8Customer Rating:5.0
Document expertConsult
If the actual buyer is eager to receive the goods and put them into production, writing the actual buyer allows them to arrange subsequent work more quickly.
Michelle ChenYears of service:3Customer Rating:5.0
Business coordination consultantConsult
Sometimes, for the sake of confidentiality, for example, if the supplier doesn't want the actual buyer to know the source of the goods, writing the entrepot trader can play a role in confidentiality.