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What is an export agency authorization letter and what is its purpose?

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I've recently been learning about foreign trade export-related knowledge and often hear the term "export agency authorization letter," but don't quite understand what it actually is. What kind of document is it, and what role does it play in export business? Is it mandatory? Hope someone can explain it in detail so I can have a clearer understanding.

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Professional consultant answers

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

Senior foreign trade managerConsult

The export agency authorization letter is a legally binding document signed between the principal and the agent regarding export agency services. The principal is typically an enterprise or individual with export needs but lacking the capability to export independently, while the agent is usually a professional export agency company with qualifications and capabilities, such as Zhongshitong.

It specifies the rights and obligations of both parties, including key details such as goods information, scope of agency services, and fee settlements. For example, regarding goods information, it will detail the name, quantity, value, etc.; the scope of agency services covers customs declaration, inspection, booking, etc.

In export business, it plays a crucial role. On one hand, it safeguards the principal's interests by ensuring the agency company completes the entrusted tasks as required; on the other hand, it provides a basis for the agency company to conduct business. At the same time, it is an important reflection of compliance in export procedures and is often a mandatory document, facilitating the smooth completion of export transactions.

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

Senior customs declaration consultantConsult

The export agency authorization letter is a written document where an export enterprise entrusts export matters to an agency company. It clearly states the entrusted tasks, such as customs declaration or transportation, as well as the responsibilities and remuneration of both parties, serving as an important proof of cooperation.

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

Market development consultantConsult

Simply put, the export agency authorization letter is like a contract, entrusting export-related matters to an agency company, specifying the tasks and the rights and obligations of both parties, such as who bears the foreign exchange risk.

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

International logistics consultantConsult

The export agency authorization letter is a very important document in export business. Through it, the principal authorizes the agency company to handle export matters, specifying service content, fee standards, etc., making the cooperation more standardized.

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

Document expertConsult

It is a letter of authorization where the principal authorizes the agency company to conduct export operations, including the entrusted matters, duration, etc., ensuring orderly export agency work.

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

Compliance and risk managerConsult

The export agency authorization letter is used to clarify the relationship between the principal and the agent in export agency activities. With it, the actions of both parties are bound, ensuring smooth export operations.

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

Settlement and payment expertConsult

This is a key document for entrusting export agency services, specifying various details such as fee calculations and responsibility distribution to avoid future disputes.

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

Customer service consultantConsult

Essentially, it is an agreement between the principal and the agency company regarding export agency services, clearly stating the tasks, rights, and responsibilities of both parties to ensure smooth export operations.

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

Supply chain optimization expertConsult

The export agency authorization letter specifies various arrangements for export agency services, such as the scope of agency business and fee payments, ensuring both parties fulfill their duties as agreed.

Michelle Chen
Michelle ChenYears of service:3Customer Rating:5.0

Business coordination consultantConsult

It is used when entrusting export agency services, clearly stating various export-related matters. It serves as the foundation for cooperation between both parties and helps reduce conflicts.

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