When shipping goods using a Hong Kong company for entrepot trade, there are two common methods.
One is direct shipping, where the goods are sent directly from the domestic supplier to the overseas customer. However, in terms of document handling, the Hong Kong company, as the shipper, prepares relevant commercial invoices, bills of lading and other documents, with the header showing the information of the Hong Kong company. In this way, the goods do not pass through Hong Kong, and the transportation cost is relatively low.
The other is transit via Hong Kong. The goods are first sent to Hong Kong and then transshipped to the overseas customer. In this way, the advantages of Hong Kong's free trade port can be utilized to carry out simple processing, packaging and other value-added services in Hong Kong. In terms of customs declaration, when sending from the domestic to Hong Kong, it is declared as export; when sending from Hong Kong to overseas, the Hong Kong company handles it according to the local export process. It should be noted that the consistency of all trade documents, including invoices, bills of lading, packing lists, etc., should be ensured to avoid affecting the delivery of goods and the collection of foreign exchange due to inconsistent documents. At the same time, understand the timeliness and costs of different transportation methods and make a reasonable choice.
Professional consultant answers
Sarah ZhangYears of service:8Customer Rating:5.0
Document expertConsult
When shipping goods using a Hong Kong company for entrepot trade, there are two common methods.
One is direct shipping, where the goods are sent directly from the domestic supplier to the overseas customer. However, in terms of document handling, the Hong Kong company, as the shipper, prepares relevant commercial invoices, bills of lading and other documents, with the header showing the information of the Hong Kong company. In this way, the goods do not pass through Hong Kong, and the transportation cost is relatively low.
The other is transit via Hong Kong. The goods are first sent to Hong Kong and then transshipped to the overseas customer. In this way, the advantages of Hong Kong's free trade port can be utilized to carry out simple processing, packaging and other value-added services in Hong Kong. In terms of customs declaration, when sending from the domestic to Hong Kong, it is declared as export; when sending from Hong Kong to overseas, the Hong Kong company handles it according to the local export process. It should be noted that the consistency of all trade documents, including invoices, bills of lading, packing lists, etc., should be ensured to avoid affecting the delivery of goods and the collection of foreign exchange due to inconsistent documents. At the same time, understand the timeliness and costs of different transportation methods and make a reasonable choice.
Jennifer WangYears of service:4Customer Rating:5.0
Market development consultantConsult
If you choose direct shipping, you should communicate with the supplier in advance that the goods packaging and other aspects should not show the information of the domestic supplier to avoid the overseas customer directly contacting the supplier and affecting the trading position of the Hong Kong company.
James LiuYears of service:10Customer Rating:5.0
Foreign trade tax refund consultantConsult
When shipping goods via Hong Kong for transit and storing the goods in the Hong Kong warehouse, pay attention to the storage fees and the storage conditions of the goods to ensure that the goods are not damaged during the transit process.
Elizabeth LiYears of service:3Customer Rating:5.0
Compliance and risk managerConsult
Regardless of which shipping method is chosen, it is necessary to understand in advance the import policies and tariff situations of the destination country to prevent the impact on the customs clearance of goods and costs due to policy changes.
Andrew HuangYears of service:7Customer Rating:5.0
Supply chain optimization expertConsult
When shipping, the transportation contract should be signed well to clarify the responsibilities of each party, especially the liability for compensation in case of damage, loss, etc. of the goods during transportation.
Amanda YangYears of service:3Customer Rating:5.0
Cost control consultantConsult
For some products that require special certifications, relevant documents should be prepared in advance to ensure that the goods can pass the inspection of the destination customs smoothly.
Joseph ZhouYears of service:10Customer Rating:5.0
Senior foreign trade managerConsult
Be cautious when choosing a freight forwarder. Look for those with experience and good reputation who can help handle many problems such as transportation and customs declaration.
Michelle ChenYears of service:3Customer Rating:5.0
Business coordination consultantConsult
If the goods are transshipped via Hong Kong, pay attention to the local holiday arrangements in Hong Kong to avoid affecting the timeliness of goods transshipment due to holidays.
Robert ChenYears of service:6Customer Rating:5.0
Customer service consultantConsult
Record the time of each link in the shipping process so as to communicate the progress of the goods with the customer in a timely manner and improve customer satisfaction.