The types of taxes mainly involved in export agency are value-added tax and customs duties. For value-added tax, if the entrusting party is a manufacturing enterprise, the exemption, credit, and refund method is generally implemented, that is, the value-added tax in the export link is exempted, the corresponding input tax amount is offset against the taxable amount of domestic sales, and the part that has not been offset completely is refunded; if the entrusting party is a foreign trade enterprise, the exemption and refund method is implemented, that is, the value-added tax in the export sales link is exempted, and the input tax amount of the purchased goods is refunded. Customs duties are calculated according to the corresponding customs duty rates based on the classification of the exported goods.
In terms of the tax calculation basis, value-added tax is generally based on the free-on-board price of the exported goods, etc.; customs duties are based on the dutiable value of the goods.
The process of filing and paying taxes: First, the entrusting party and the agent need to sign an export agency agreement. The agent needs to handle the export goods tax refund (exemption) declaration within the specified time, provide relevant voucher materials such as customs declaration forms and export invoices, and complete the corresponding tax refund or tax payment operations after being approved by the tax authorities.
Professional consultant answers
William YangYears of service:5Customer Rating:5.0
International logistics consultantConsult
The types of taxes mainly involved in export agency are value-added tax and customs duties. For value-added tax, if the entrusting party is a manufacturing enterprise, the exemption, credit, and refund method is generally implemented, that is, the value-added tax in the export link is exempted, the corresponding input tax amount is offset against the taxable amount of domestic sales, and the part that has not been offset completely is refunded; if the entrusting party is a foreign trade enterprise, the exemption and refund method is implemented, that is, the value-added tax in the export sales link is exempted, and the input tax amount of the purchased goods is refunded. Customs duties are calculated according to the corresponding customs duty rates based on the classification of the exported goods.
In terms of the tax calculation basis, value-added tax is generally based on the free-on-board price of the exported goods, etc.; customs duties are based on the dutiable value of the goods.
The process of filing and paying taxes: First, the entrusting party and the agent need to sign an export agency agreement. The agent needs to handle the export goods tax refund (exemption) declaration within the specified time, provide relevant voucher materials such as customs declaration forms and export invoices, and complete the corresponding tax refund or tax payment operations after being approved by the tax authorities.
Amanda YangYears of service:3Customer Rating:5.0
Cost control consultantConsult
If the export agency involves taxable consumer goods, it may also involve consumer tax refunds. When filing, relevant materials such as the special payment certificate for consumer tax should be prepared.
Jennifer WangYears of service:4Customer Rating:5.0
Market development consultantConsult
Before filing and paying taxes, it is necessary to ensure that all types of documents are complete, such as the electronic information of the export customs declaration form and a copy of the export agency agreement, otherwise it may affect the tax refund or tax payment process.
Joseph ZhouYears of service:10Customer Rating:5.0
Senior foreign trade managerConsult
Note that the export tax refund rate will be adjusted according to policies. Pay attention to the latest tax rate situation in a timely manner so as to accurately calculate the refundable tax amount.
David LiYears of service:6Customer Rating:5.0
Senior customs declaration consultantConsult
The tax refund declaration for export agency has a time limit. Generally, it should be declared within each value-added tax filing period from the next month after the date of customs declaration of the goods for export until April 30 of the following year.
Emily LiuYears of service:10Customer Rating:5.0
Settlement and payment expertConsult
The tax authorities may conduct on-site inspections of the export agency business. Enterprises should ensure the authenticity of the business and the completeness of the materials.
Elizabeth LiYears of service:3Customer Rating:5.0
Compliance and risk managerConsult
After receiving the tax refund materials from the entrusting party, the agent should sort out and declare as soon as possible to avoid being unable to get a tax refund due to overdue.
Michelle ChenYears of service:3Customer Rating:5.0
Business coordination consultantConsult
If there are quality problems or other reasons that require the return of the exported goods, it is necessary to report to the tax authorities in a timely manner and handle the relevant tax adjustment procedures.
Andrew HuangYears of service:7Customer Rating:5.0
Supply chain optimization expertConsult
For cross-border e-commerce export agency, some tax policies may be different. Pay special attention to the relevant regulations.