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What documents are usually used in entrepot trade? Please tell me about it!

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I have just got involved in the area of entrepot trade and am not very familiar with the relevant processes and documents. I would like to ask what documents are usually used in entrepot trade? What are the functions of these documents respectively? I hope that professional people can help me answer these questions. The more detailed, the better, so that I can avoid some detours in the actual operation process.

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Professional consultant answers

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

Market development consultantConsult

The main common documents in entrepot trade are as follows:

Commercial invoices are lists issued by the seller to the buyer, providing a comprehensive description of the goods sold and stating information such as price and amount. They are an important basis for trade settlement.

Bills of lading, as receipts of goods, proofs of transportation contracts and vouchers of property rights, are crucial in entrepot trade and represent the control of goods.

Packing lists record the packaging situation of goods in detail, facilitating the buyer to understand the packaging details of the goods, such as the number of boxes, weight and size, which is conducive to customs inspection, loading and unloading and transportation.

Certificates of origin clarify the country or region of origin of the goods and are of great significance for enjoying tariff preference policies and other aspects.

Insurance documents can be used to claim compensation from insurance companies when goods are damaged during transportation, safeguarding the interests of both trading parties. These documents are interrelated and jointly ensure the smooth progress of entrepot trade.

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

International logistics consultantConsult

There are also bills of exchange, which are commonly used in the payment process of entrepot trade. They are instruments issued by the drawer, entrusting the payer to unconditionally pay a certain amount to the payee or the holder of the bill when seeing the bill or on a specified date, facilitating trade settlement.

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

Cost control consultantConsult

Inspection and quarantine certificates are also very important. They prove that the goods have passed inspection and quarantine and meet relevant standards, such as quality and hygiene, reassuring the buyer about the quality of the goods and also meeting the import requirements of some countries.

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

Customer service consultantConsult

Weight lists are also common documents, clearly indicating the weight situation of the goods, helping both the buyer and the seller to check the weight and avoid disputes caused by weight problems.

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

Foreign trade tax refund consultantConsult

To supplement the certificate of origin, in addition to the ordinary certificate of origin, there are also preferential certificates of origin such as FORM A. Different certificates of origin are applicable to different trade agreements and tariff policies and can save costs for enterprises.

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

Senior foreign trade managerConsult

Besides bills of lading, airway bills may also be used in transportation documents. They are suitable for urgent or high-value goods with a fast speed. However, airway bills are not vouchers of property rights, which is different from bills of lading.

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

Senior customs declaration consultantConsult

Customs invoices are also involved. It is an invoice format formulated by the customs of the importing country for importers to fill in, used for import declaration, statistics, valuation for duty payment, etc. The customs invoice formats of different countries are different.

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

Settlement and payment expertConsult

Export licenses are required in the entrepot trade of some special commodities, indicating that the state allows the export of the commodity, ensuring that the trade complies with national policies and regulatory requirements.

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

Supply chain optimization expertConsult

Beneficiary's certificates are certificates issued by the beneficiary, stating that certain contractual obligations have been fulfilled, such as proving that the goods have been shipped on time and the shipping documents have been sent out, playing a probative role.

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