Export agency companies are mainly involved in value-added tax and corporate income tax.
In terms of value-added tax, the export agency business itself belongs to brokerage agency services. General taxpayers apply a 6% tax rate, and small-scale taxpayers apply a 3% levy rate (there may be reductions or exemptions currently due to policy reasons). The tax calculation basis is the collected agency service fee. If the export agency company is also engaged in foreign trade business at the same time, self-exported goods may be involved in the export tax rebate policy.
In terms of corporate income tax, the taxable income amount of the company is taken as the tax calculation basis, and the tax rate is generally 25%. Those that meet the tax preferential conditions such as small and micro-profit enterprises can apply a lower tax rate. The taxable income amount is the balance after deducting non-taxable revenues, tax-exempt revenues, various deductions and allowable of previous years' losses from the total company revenues. Export agency companies need to accurately calculate various revenues, costs and expenses and declare tax payments in accordance with the regulations.
Professional consultant answers
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
Export agency companies are mainly involved in value-added tax and corporate income tax.
In terms of value-added tax, the export agency business itself belongs to brokerage agency services. General taxpayers apply a 6% tax rate, and small-scale taxpayers apply a 3% levy rate (there may be reductions or exemptions currently due to policy reasons). The tax calculation basis is the collected agency service fee. If the export agency company is also engaged in foreign trade business at the same time, self-exported goods may be involved in the export tax rebate policy.
In terms of corporate income tax, the taxable income amount of the company is taken as the tax calculation basis, and the tax rate is generally 25%. Those that meet the tax preferential conditions such as small and micro-profit enterprises can apply a lower tax rate. The taxable income amount is the balance after deducting non-taxable revenues, tax-exempt revenues, various deductions and allowable of previous years' losses from the total company revenues. Export agency companies need to accurately calculate various revenues, costs and expenses and declare tax payments in accordance with the regulations.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
Export agency companies need to pay attention to timely tax declaration. Whether there is business or not, they must submit tax declaration forms to the tax authorities within the specified time. Moreover, relevant contracts, invoices and other materials should be properly preserved for tax inspections.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
If the handling of the funds collected and paid on behalf of others by the export agency company is improper, it may lead to tax risks. The funds collected and paid on behalf of others should be separately accounted for from the agency service fee and should not be confused, otherwise it will affect the accuracy of the tax calculation basis.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
When export agency companies are involved in export tax rebates, they should be familiar with relevant policies and procedures. For example, they should collect, sort out and submit the documents required for export tax rebates in accordance with the regulations to ensure the authenticity and compliance of export businesses, otherwise they cannot enjoy the tax rebate policy.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
For some special businesses, such as agency for cross-border e-commerce exports, the tax payment policies may be different. It is necessary to closely follow the policy adjustments of the tax department for these emerging businesses and accurately pay taxes.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
If export agency companies meet the conditions, they can apply for some tax preferences. For example, for qualified technology-advanced service enterprises, the corporate income tax can enjoy a preferential tax rate. Pay more attention to relevant policies.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
When declaring value-added tax, the declaration form should be accurately filled out. The income from agency service fees should be filled in the corresponding taxable service columns. Don't fill it in wrong, so as not to affect the accuracy of tax declaration.
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
Daily financial accounting should be standardized, and the listing of costs and expenses should comply with tax laws. For example, some unreasonable expenses cannot be deducted before corporate income tax. It is necessary to understand the relevant regulations clearly in advance.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
If export agency companies are involved in the export agency of consumer goods subject to consumption tax, they should understand the regulations such as collection and payment on behalf of others of consumption tax and handle relevant tax matters as required.