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How much tax does entrepot trade actually have to pay? Come and discuss it together!

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Our company plans to carry out entrepot trade business and wants to know how much tax is required for entrepot trade. We haven't been involved in this area before, and we don't know what tax types are involved, what the tax rates are respectively, and what the calculation methods are like. We hope that friends who are knowledgeable in this field can explain it in detail, and it would be better if you can combine actual cases to explain, which is more convenient for understanding. Thank you all in advance.

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Professional consultant answers

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

Compliance and risk managerConsult

The tax types and tax rates involved in entrepot trade vary according to regional policies. Generally speaking, it does not involve value-added tax and consumption tax because the goods do not enter the domestic customs territory for consumption. It mainly involves customs duties, and the customs duty rate depends on the type of goods and the trade agreements signed between the country of origin and the transit country, etc. For example, if goods are purchased from Country A and transshipped through the area where Zhongshitong is located to Country B, if the customs duty rate of the goods in the area where Zhongshitong is located is 5%, and the value of the goods is 1 million yuan, then the customs duty = 100 × 5% = 50,000 yuan.

In addition, stamp duty may also be involved, which is paid according to a certain proportion of the contract amount, such as three ten-thousandths. If the contract amount of the entrepot trade is 2 million yuan, the stamp duty = 200 × 0.03% = 600 yuan. However, the specific tax types and tax rates should be subject to the regulations of the local customs and tax departments. It is recommended to consult the local relevant departments in detail before starting the business.

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

Customer service consultantConsult

Entrepot trade sometimes involves a small amount of miscellaneous fees such as wharf handling fees. This part of the fees is not strictly a tax. The specific amount depends on the charging standards of the transit port, and there are large differences among different ports. For example, some small ports may charge a few hundred yuan, while large hub ports may charge a few thousand yuan.

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

Senior foreign trade managerConsult

In entrepot trade, although the goods do not actually enter the domestic consumption, there may be some local regulatory fees. For example, port construction fees are calculated according to the weight or volume of the goods, etc. The specific standards vary from place to place, and generally range from a few yuan to a dozen yuan per ton.

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

Supply chain optimization expertConsult

Some regions have certain tax preferential policies for entrepot trade enterprises, such as tax reduction and exemption policies in specific areas. You can pay attention to the relevant policy documents issued by the local government, and maybe you can save a lot of costs.

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

Market development consultantConsult

In addition to the above-mentioned, inspection fees may also be involved. If the customs inspects the transshipped goods, corresponding fees will be generated, but not every shipment of goods is inspected, and there is no fixed standard for the fees.

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

Document expertConsult

The handling of documents involved in entrepot trade, such as the circulation of bills of lading, packing lists and other documents, sometimes may involve a small amount of document handling fees, usually only a few hundred yuan.

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

Cost control consultantConsult

Insurance costs also need to be considered. Although it is not a tax, insurance protection is needed during the transportation of entrepot trade goods, and the cost is determined according to the value of the goods, transportation methods, etc., and is generally a few thousandths of the value of the goods.

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

Senior customs declaration consultantConsult

In entrepot trade, if the operation is carried out through an agency company, agency fees also need to be paid. The specific amount depends on the negotiation between the two parties and is generally charged according to a certain proportion of the value of the goods.

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

International logistics consultantConsult

Sometimes there will be storage fees. If the goods need to be stored for a short period in the transit place, the storage fees are calculated according to the charging standards of the warehouse, either by area or volume, and are a few yuan per square meter or per cubic meter per day.

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