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Is it possible to bypass import and export agency companies in import and export trade?

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Our company has recently had import and export business, and it has always been operated through import and export agency companies. However, the agency companies will charge certain fees, and it feels that the cost is a bit high. So I would like to ask, is it possible to bypass import and export agency companies in import and export trade? If it is possible to bypass, what conditions are required? Will there be any risks? I hope that friends with experience can help answer this.

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Professional consultant answers

Andrew Huang
Andrew HuangYears of service:7Customer Rating:5.0

Supply chain optimization expertConsult

In import and export trade, it is possible to bypass import and export agency companies. However, this requires the enterprise itself to possess a series of conditions. Firstly, the enterprise should have the right to engage in import and export business, which is the basis for independently conducting import and export business. To apply for this right, relevant materials need to be submitted to the relevant commercial departments according to regulations. Secondly, one should be familiar with the international trade process, from finding customers, signing contracts, to chartering ships, booking shipping space, customs declaration, inspection application, foreign exchange settlement and other links, and the operational details should be clear. Moreover, there should be professional personnel, such as foreign trade merchandisers, customs declarants, etc., to ensure the smooth progress of each link. Bypassing the agency company can save agency fees, but there are also risks. For example, due to unfamiliarity with changes in policies and regulations, it may lead to customs declaration errors, delivery delays, etc., affecting the enterprise's reputation and economic benefits. Therefore, the enterprise needs to weigh the pros and cons and decide whether to bypass the agency company according to its actual situation.

David Li
David LiYears of service:6Customer Rating:5.0

Senior customs declaration consultantConsult

It is possible to bypass, but if you don't understand the process, it will be very troublesome to operate by yourself. For example, if the customs declaration materials are not prepared well, it is easy to be stuck by the customs, wasting time.

William Yang
William YangYears of service:5Customer Rating:5.0

International logistics consultantConsult

It is possible to bypass, but there must be a dedicated person responsible for the international logistics part. Otherwise, if there are problems with the goods transportation, the losses will be huge.

Robert Chen
Robert ChenYears of service:6Customer Rating:5.0

Customer service consultantConsult

If the enterprise scale is small and the business volume is not large, it is not recommended to bypass the agency company, as the cost of forming a team by oneself is higher.

Joseph Zhou
Joseph ZhouYears of service:10Customer Rating:5.0

Senior foreign trade managerConsult

To bypass the agency, one must understand international settlement. If the settlement method is wrongly selected, it may be impossible to receive money, and there is a financial risk.

Elizabeth Li
Elizabeth LiYears of service:3Customer Rating:5.0

Compliance and risk managerConsult

It can be tried, but for things like applying for various licenses by oneself, it may be difficult and require a lot of energy.

Amanda Yang
Amanda YangYears of service:3Customer Rating:5.0

Cost control consultantConsult

It is possible to bypass, but if you don't understand the foreign market, it will be difficult to find customers, and you may also encounter trade barriers, which all need to be considered.

Michelle Chen
Michelle ChenYears of service:3Customer Rating:5.0

Business coordination consultantConsult

If the enterprise has sufficient resources and capabilities, bypassing the agency company to do it by itself can better control the business and also save costs.

James Liu
James LiuYears of service:10Customer Rating:5.0

Foreign trade tax refund consultantConsult

To bypass the agency, one must have the ability to handle trade disputes. Otherwise, once there is a contradiction with foreign customers, it will be very difficult to handle.

The relevant questions or replies only represent the user’s personal stance and do not represent any views of this website.

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