I'm planning to do import cargo agency business recently. I wonder if import cargo agency is tax - exempt. I'm not very clear about the policies and regulations here. If it's tax - exempt, it can save a lot of costs. If it's not, what situations might involve tax - exemption, or what relevant tax - preferential policies are there? I hope friends who know the ropes can explain it to me in detail. Thank you in advance!
I want to understand the charges for import and export agency services as I have goods that need to be imported/exported. I'm unsure about the fee standards, involved costs, and approximate ranges. The best answer indicates there's no fixed standard—fees depend on factors like cargo type, value, service items, destination, etc. Agency fees typically range from 1%-5% of cargo value, while customs declaration fees range from a few hundred to around two thousand RMB. Specific details should be discussed with the agency based on cargo particulars and service requirements.
I want to be an agent for Thai imported coconut juice and I'm asking about the prospects of the agency, as well as potential problems such as the purchasing channels and market competition. The best answer points out that there are opportunities in being an agent. The coconut juice market has a wide demand and the purchasing can be ensured through professional institutions. It is necessary to highlight the characteristics and distribute goods through multiple channels. However, there are also challenges such as transportation losses and exchange rate fluctuations. There is good development space if these problems can be solved well.
Some people want to become agents for imported wine and inquire about the approximate agency fees and related influencing factors. There is no fixed standard for imported wine agency fees, as they are influenced by factors such as brand influence, agency region scope, agency level, and order quantity. Well-known brands, large regions, exclusive agencies, and small order quantities generally result in relatively higher agency fees; niche brands, small regions, ordinary agencies, and large order quantities usually lead to relatively lower agency fees. For example, Zhongshitong will comprehensively evaluate and determine the agency fee.
The company plans to import a batch of food. Due to lack of relevant experience, it wants to find a legitimate import food customs clearance agent who is familiar with the customs clearance process, can handle problems efficiently, and has reasonable and transparent charges. The best answer indicates that to select a legitimate agent, one can check the qualifications, such as the customs recordation registration certificate, etc.; understand the experience, like Zhongshitong, which has been engaged in related businesses for a long time; examine the service team, reputation, and whether the charges are clear.
The company imports goods and incurs fees for customs clearance through an agency company. It is uncertain which subject this should be recorded in, and the inquiry is whether it should be recorded in the cost of goods, or in administrative or selling expenses, as well as the impact of different recording methods on the financial statements. The best answer states that if it is a necessary expense to bring the goods to a usable or salable state, it should be recorded in the cost of goods; if it is related to sales activities, it should be recorded in selling expenses; if it is related to daily management, it should be recorded in administrative expenses, and different recording methods have an impact on the statements.
In Nankang, Jiangxi, there is a demand for import business, and I want to know how the local import agencies perform, including service quality, pricing, efficiency, and potential issues. The best answer states that import agencies in Nankang, Jiangxi generally have advantages, offering one-stop services, reasonable prices, and high efficiency. However, some smaller agencies have limited resources, so it's important to evaluate their company strength and reputation when choosing.
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Professional consultant answers
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
Import cargo agency is not necessarily tax - exempt. Generally, import cargo agency services belong to VAT - taxable behaviors and are normally subject to VAT at a rate of 6%. However, if specific conditions are met, tax - exemption policies may also be enjoyed. For example, if it complies with the tax - exemption management regulations for retail export goods in cross - border e - commerce comprehensive pilot zones, the corresponding agency services may also be tax - exempt in some areas.
In addition, if the agency is for freight forwarding business related to international transportation services and meets the policy of VAT exemption for international transportation services, the freight forwarding service can also be exempt from VAT. However, it should be noted that to accurately determine whether it is tax - exempt, it is necessary to combine the specific business scenario and the regulations of the local tax authorities. It is recommended that you communicate and confirm with the local tax department in a timely manner and keep relevant business materials for smooth enjoyment of tax incentives.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
Whether import cargo agency is tax - exempt depends on the specific nature of the business. For example, when acting as an agent for importing some specific duty - free goods, under the premise of complying with relevant regulations, some links may be tax - exempt.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
If acting as an agent for importing scientific research supplies for scientific research institutions, if it is within the scope of the tax - exemption list as stipulated, the agency link may be tax - exempt. This depends on whether the product is on the list.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
Not all import cargo agencies are tax - exempt. If the imported goods are for special purposes such as public welfare undertakings, it may be tax - exempt upon approval, but the procedures are quite cumbersome.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
Some free trade zones have tax incentives for import cargo agencies, and it might be tax - exempt. You can pay attention to the local free trade zone policies.
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
The tax - exemption situation of import cargo agency depends on the principal of the import agency. For example, when importing equipment within the total investment of a foreign - funded enterprise, the agency link may be tax - exempt.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
If the import cargo agency involves products related to industries encouraged by the state to develop, it may enjoy tax - exemption or tax - reduction according to the policy. Specifically, it is necessary to check the relevant industry catalog.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
When the import cargo agency meets specific temporary tax - exemption policies, it may be tax - exempt. It is very important to pay more attention to policy dynamics.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
If the goods imported by the agency are special products for the disabled, after handling relevant procedures as required, the agency business may be tax - exempt.