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How should the Power of Attorney for Export Agency be filled out specifically?

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Our company has recently had export business and needs to fill out the Power of Attorney for Export Agency, but we haven't done it before and don't know where to start. I'd like to ask everyone, how should each part of the Power of Attorney for Export Agency be filled out? For example, the information of the principal, the trustee, and the entrusted matters. Are there any detailed filling guides or places that need special attention? I hope experienced friends can explain it.

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Professional consultant answers

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

Customer service consultantConsult

The following aspects should be noted when filling out the Power of Attorney for Export Agency. Firstly, for the information of the principal, the full name of the company, detailed address, contact phone number, name of the legal representative, etc. should be accurately filled out. This information must be consistent with the company's registration information to ensure the accuracy of subsequent communication and responsibility tracing.

For the information part of the trustee, also fill out the full name, address, phone number, etc. of the entrusted company. For example, if Zhongshitong is the trustee, ensure the accuracy of the information.

In the entrusted matters, clearly define the specific information of the exported goods, including the name, specification, quantity, value, etc. of the goods, and also indicate the specific business scope of the entrusted export, such as customs declaration, inspection application, transportation arrangement, etc.

Furthermore, the terms such as payment method and settlement method should also be clearly filled out to avoid subsequent economic disputes. Finally, both parties need to affix their official seals and have the legal representatives sign for confirmation to ensure the power of attorney has legal effect.

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

Business coordination consultantConsult

When filling out the information of the entrusted export goods, the specification and model should be detailed, otherwise it will affect customs declaration. For example, for clothing, the fabric, style, etc. should be clearly written. The quantity should be precise, and the unit should also be written in a standard way, such as using kilograms for weight.

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

Foreign trade tax refund consultantConsult

For the payment method, it should be clearly stated whether it is T/T (Telegraphic Transfer), L/C (Letter of Credit) or others, and the specific time nodes should be indicated. For example, 30% deposit by T/T and the balance paid before shipment.

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

Settlement and payment expertConsult

In the power of attorney, the calculation method and payment time of the agency fee should be clearly written. It can be a certain proportion of the export amount or a fixed amount, and the payment time is generally within a certain period after the completion of the goods export.

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

Senior customs declaration consultantConsult

The transportation terms should also be filled out well, whether it is FOB (Free on Board), CIF (Cost, Insurance and Freight), etc., clearly defining the division of responsibilities and costs of both parties in transportation. For example, under FOB, the principal is responsible for chartering and booking shipping space, etc.

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

Document expertConsult

The customs declaration port and the port of destination should be accurately filled out. The customs declaration port should be selected to be close to the location of the goods and convenient for operation, and the port of destination should be filled out truthfully according to the requirements of the customers.

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

Market development consultantConsult

Filling out the date of the power of attorney is very important. It is the basis for determining the effective time of the entrustment, and the current date must be accurately filled out.

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

Supply chain optimization expertConsult

The remarks column can be used to fill out some special requirements or explanations, such as special requirements for the packaging of goods, etc. Communicate clearly in advance to avoid problems.

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

Compliance and risk managerConsult

The involved trade terms should be accurately understood and filled out. Different terms have different risks and responsibilities for both parties. For example, the seller's responsibility is the smallest under EXW, and the seller's responsibility is relatively large under DAP.

The relevant questions or replies only represent the user’s personal stance and do not represent any views of this website.

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