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What documents are usually involved in Taiwan's entrepot trade?

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Our company plans to carry out entrepot trade business with Taiwan region in the near future, but we are not very clear about what documents will be used. I would like to ask, in Taiwan's entrepot trade, what documents are generally involved? What are the functions of these documents? I hope to get a detailed and easy-to-understand answer so that we can make preparations in advance and carry out the business smoothly.

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Sarah Zhang
Sarah ZhangYears of service:8Customer Rating:5.0

Document expertConsult

In Taiwan's entrepot trade, the following are common documents. First is the commercial invoice, which records in detail information such as commodity information, price, quantity, etc. It is an important voucher for the transaction between the buyer and the seller and is used for calculating the payment for goods and for customs declaration and tax payment. Second is the bill of lading. After the carrier receives the goods or loads the goods on board, it issues a receipt for the goods to the shipper. It is also a proof of the transportation contract and has the function of a document of title, enabling the picking up of goods or the transfer of the ownership of the goods. The packing list records in detail the specific situation of the goods in each package, which is convenient for the customs inspection and the consignee to check the goods. There is also the certificate of origin, which is used to prove that the goods originate from a specific region and is crucial for enjoying preferential tariff policies, etc. In addition, there is the customs declaration form, which is a document for declaring to the customs when goods are imported or exported. It records the detailed information of the goods, and the customs supervises, levies taxes and makes statistics based on it. The insurance policy cannot be ignored. If there are risks during the transportation of the goods, corresponding compensation can be obtained based on it.

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

International logistics consultantConsult

In Taiwan's entrepot trade, the bill of exchange is also relatively common. It is issued by the drawer and entrusts the drawee to unconditionally pay a certain amount to the payee or the bearer at sight or on a specified date. It is often used in trade settlement.

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

Settlement and payment expertConsult

The inspection and quarantine certificate is also very important. For example, some food, animal and plant products, etc. need to pass the inspection and quarantine. This certificate proves that the goods meet relevant standards and requirements, ensuring the health of consumers in the importing country and ecological safety.

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

Compliance and risk managerConsult

The weight list is also one of the common documents. It mainly indicates the weight situation of the goods, such as gross weight, net weight, etc. It has an important reference role in settling the payment for goods, transportation and customs inspection.

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

Supply chain optimization expertConsult

The transportation contract is equally crucial. It clarifies the rights and obligations between the shipper and the carrier, including the place of departure, destination, mode of transportation, freight, etc. of the goods transportation, ensuring the smooth progress of the transportation process.

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

Cost control consultantConsult

The shipping advice is indispensable. After the goods are loaded on board, the seller needs to promptly send a shipping advice to the buyer to inform the buyer that the goods have been loaded on board, which is convenient for the buyer to make preparations for receiving the goods. Sometimes it also involves matters such as insurance.

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

Senior foreign trade managerConsult

The dock receipt is used when the goods are transported to the dock. It is a receipt signed and issued to the shipper by the dock after receiving the goods and is of great significance for the handover of goods and subsequent transportation arrangements.

Jennifer Wang
Jennifer WangYears of service:4Customer Rating:5.0

Market development consultantConsult

The size list will state information such as the size and specifications of the goods. For some commodities with strict requirements on specifications, the size list can enable the buyer to accurately understand the situation of the goods.

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

Customer service consultantConsult

In Taiwan's entrepot trade, the warehouse receipt may also be involved. It is a negotiable instrument issued by the warehouseman at the request of the depositor, proving the depositor's deposit of goods in the warehouse.

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

Business coordination consultantConsult

If the goods are transported by post, the postal receipt is an important document. It is a receipt issued by the post office after receiving the mail from the sender, proving that the mail has been received and the transportation has started.

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