The tax payment situation for export agency needs to be viewed from different entities. For the entrusting party, if a manufacturing enterprise entrusts an agency to export self-produced goods, the "exemption, credit, and refund" tax method is generally implemented. "Exemption" means exempting value-added tax in the export link; "Credit" means offsetting the input tax amount that should be refunded for the raw materials, etc. consumed in producing self-produced goods against the taxable amount of domestic sales goods; "Refund" means when the input tax amount that should be offset in the current month for the self-produced goods exported by the manufacturing enterprise is greater than the taxable amount, the un-offset part will be refunded. If a foreign trade enterprise entrusts an agency to export, it is usually tax exemption and refund, that is, exempting value-added tax on exported goods and refunding the value-added tax already paid when purchasing the goods.
For the agency party, it is mainly involved in the value-added tax on agency service income, which is generally paid according to modern service industries, with a tax rate usually of 6%, and the tax calculation basis is the total price and out-of-price expenses of the agency service obtained.
Professional consultant answers
Robert ChenYears of service:6Customer Rating:5.0
Customer service consultantConsult
The tax payment situation for export agency needs to be viewed from different entities. For the entrusting party, if a manufacturing enterprise entrusts an agency to export self-produced goods, the "exemption, credit, and refund" tax method is generally implemented. "Exemption" means exempting value-added tax in the export link; "Credit" means offsetting the input tax amount that should be refunded for the raw materials, etc. consumed in producing self-produced goods against the taxable amount of domestic sales goods; "Refund" means when the input tax amount that should be offset in the current month for the self-produced goods exported by the manufacturing enterprise is greater than the taxable amount, the un-offset part will be refunded. If a foreign trade enterprise entrusts an agency to export, it is usually tax exemption and refund, that is, exempting value-added tax on exported goods and refunding the value-added tax already paid when purchasing the goods.
For the agency party, it is mainly involved in the value-added tax on agency service income, which is generally paid according to modern service industries, with a tax rate usually of 6%, and the tax calculation basis is the total price and out-of-price expenses of the agency service obtained.
Amanda YangYears of service:3Customer Rating:5.0
Cost control consultantConsult
The customs duties involved in export agency depend on the specific exported goods. Some goods are exempt from customs duties when exported, while others need to be paid according to regulations. Generally, when the goods are declared for export at the customs, the customs will determine whether to levy customs duties and the tax rate according to the classification of the goods, etc.
James LiuYears of service:10Customer Rating:5.0
Foreign trade tax refund consultantConsult
It should be noted that if the entrusting party is a small-scale taxpayer entrusting an agency to export, the exported goods are exempt from value-added tax and consumption tax, and its input tax amount cannot be deducted or refunded. Therefore, it is necessary to first determine the taxpayer type of the entrusting party.
William YangYears of service:5Customer Rating:5.0
International logistics consultantConsult
When calculating the tax refund amount for export agency, for foreign trade enterprises, the tax refund amount = the amount indicated on the special value-added tax invoice × the tax refund rate of exported goods. This tax refund rate needs to be queried from the stipulated tax refund rate table according to different goods.
Jennifer WangYears of service:4Customer Rating:5.0
Market development consultantConsult
If the entrusting party is a manufacturing enterprise, when declaring the "exemption, credit, and refund" tax, it should declare according to the stipulated declaration period, usually after the goods are declared for export at the customs and are accounted for as sales in finance. Late declaration may affect tax refunds.
Andrew HuangYears of service:7Customer Rating:5.0
Supply chain optimization expertConsult
After obtaining agency income, the agency party may be involved in additional taxes and fees besides value-added tax, such as urban maintenance and construction tax, education surcharge, etc., and these are based on the paid value-added tax as the tax calculation basis.
Sarah ZhangYears of service:8Customer Rating:5.0
Document expertConsult
If the exported goods belong to consumption tax taxable consumer goods, for a manufacturing enterprise with the right to engage in export business that entrusts an agency to export self-produced taxable consumer goods, consumption tax is exempted based on its actual export quantity, and the refund of consumption tax will not be processed.
Joseph ZhouYears of service:10Customer Rating:5.0
Senior foreign trade managerConsult
During the tax payment process, relevant documentary materials should be properly preserved, such as export declarations, export agency agreements, etc., for the verification of the tax authorities.
Emily LiuYears of service:10Customer Rating:5.0
Settlement and payment expertConsult
In the export agency business, if the entrusting party has a processing with imported materials business, when calculating the "exemption, credit, and refund" tax, the relevant calculations and adjustments related to processing with imported materials also need to be considered, which is relatively more complicated.