The taxes and fees involved in the agency of imported furniture are mainly tariffs and value-added tax. The tariff rates for furniture of different materials and uses are different. Generally speaking, the tariff rate for common wooden furniture varies from 0 to 10%. For example, the tariff for ordinary solid wood sofas may be 0; the tariff for metal furniture is approximately 5 - 10%. The value-added tax rate is uniformly 13%.
For example, if you import a batch of solid wood sofas worth 100,000 yuan, since the tariff is 0, you only need to pay value-added tax. The calculation formula is: Value-added tax = Duty-paid price × Value-added tax rate, that is, 100,000 × 13% = 13,000 yuan. You need to pay 13,000 yuan of value-added tax for this batch of sofas when importing.
Besides, there may also be some sundry fees, such as customs declaration fees, wharf fees, etc. These fees account for a relatively small proportion compared to taxes and fees and vary according to specific situations. Before importing, it is recommended to ask a professional agency company such as Zhongshitong. They can accurately calculate the taxes and fees according to the detailed information of the furniture.
Professional consultant answers
Joseph ZhouYears of service:10Customer Rating:5.0
Senior foreign trade managerConsult
The taxes and fees involved in the agency of imported furniture are mainly tariffs and value-added tax. The tariff rates for furniture of different materials and uses are different. Generally speaking, the tariff rate for common wooden furniture varies from 0 to 10%. For example, the tariff for ordinary solid wood sofas may be 0; the tariff for metal furniture is approximately 5 - 10%. The value-added tax rate is uniformly 13%.
For example, if you import a batch of solid wood sofas worth 100,000 yuan, since the tariff is 0, you only need to pay value-added tax. The calculation formula is: Value-added tax = Duty-paid price × Value-added tax rate, that is, 100,000 × 13% = 13,000 yuan. You need to pay 13,000 yuan of value-added tax for this batch of sofas when importing.
Besides, there may also be some sundry fees, such as customs declaration fees, wharf fees, etc. These fees account for a relatively small proportion compared to taxes and fees and vary according to specific situations. Before importing, it is recommended to ask a professional agency company such as Zhongshitong. They can accurately calculate the taxes and fees according to the detailed information of the furniture.
Jennifer WangYears of service:4Customer Rating:5.0
Market development consultantConsult
Besides what was mentioned above, it should also be noted that if the declared value of the furniture is too low, the customs may revalue it and calculate the taxes and fees according to the value they determine. Therefore, the declared value should be reasonable.
David LiYears of service:6Customer Rating:5.0
Senior customs declaration consultantConsult
If the imported furniture comes from some countries that have signed preferential trade agreements with our country, it may enjoy a lower tariff rate. You can check the relevant agreement content for details.
Emily LiuYears of service:10Customer Rating:5.0
Settlement and payment expertConsult
For complete sets of furniture, the customs may have special regulations when classifying and calculating taxes. It is necessary to understand them clearly in advance. Otherwise, it is easy to make mistakes in calculating taxes and fees.
William YangYears of service:5Customer Rating:5.0
International logistics consultantConsult
Sometimes the import of wooden furniture may involve quarantine fees, but the amount is generally not large. The main ones are still tariffs and value-added tax.
Amanda YangYears of service:3Customer Rating:5.0
Cost control consultantConsult
When calculating the agency taxes and fees for imported furniture, the duty-paid price is very important. It includes the value of the goods, transportation and related fees, etc. Don't miss any items when calculating.
Michelle ChenYears of service:3Customer Rating:5.0
Business coordination consultantConsult
If the imported furniture is antique furniture, the calculation of taxes and fees is different from that of ordinary furniture. There may also be some special regulations. It is necessary to consult clearly in advance.
Sarah ZhangYears of service:8Customer Rating:5.0
Document expertConsult
If the import volume is large, it is recommended to negotiate with the agency company to see if you can get some discounts on some sundry fees to reduce the import cost.
Robert ChenYears of service:6Customer Rating:5.0
Customer service consultantConsult
Understand the policies of the furniture import ports. Different ports may have differences in some detailed regulations on tax collection, which will affect the final taxes and fees.