I plan to start an imported food agency business, but I have no idea about the required agency documentation. I don't know what specific content needs to be included or what format requirements there are. For example, is market analysis necessary? Hope experienced friends can give some guidance. Many thanks!
Confused about the concepts of agency export and import business, asking whether agency export belongs to import business. The best answer states that agency export does not belong to import business. Agency export is to handle export procedures for domestic cargo owners, with the goods flowing abroad; import business is to purchase goods from abroad and introduce them into the domestic market, and there are obvious distinctions in their business directions, involved process links, etc.
It is said that the company is engaged in the agency export business, and there are doubts about the recognition time of the agency export income. Different financial personnel have different views, and are confused about when the recognition is correct and compliant. The best answer points out that the agency export income is usually recognized when the goods are declared for export through customs and relevant procedures are completed, and it is expected that the agency payment can be received, which complies with the accounting standards and the actual business process.
Confused about the modes of trade, asking whether entrepot trade belongs to import trade, stating that while researching, it was found that there are similarities and differences between the two. The best answer indicates that entrepot trade does not belong to import trade. In import trade, goods are directly shipped from the producing country to one's own country for domestic consumption, while in entrepot trade, goods are transshipped through a third country. For example, Chinese clothing is re-exported to the United States via Singapore, and what Singapore is engaged in is entrepot trade.
The company intends to carry out agency import and export business and has doubts about the calculation of VAT. It asks about the calculation method of VAT for agency import and export business, as well as the key points of attention for the agent and the principal respectively. The best answer states that for imports, VAT is calculated based on the composite assessable price, and for exports that meet the conditions, the exemption, credit, and refund method is implemented. The agent should pay attention to the tax calculation of agency fees, and the principal should focus on the calculation and declaration of VAT for goods.
Planning to start an import business and hired an agency, but unsure how import agency fees are calculated, worried about being overcharged. The best answer points out there's no absolute standard for import agency fee calculation. Common methods include: a percentage of cargo value (e.g., 1%-5%); per-shipment fee (typically ¥1,000-3,000); or comprehensive pricing based on business complexity. When choosing an agency, clarify their calculation method and service scope.
The company plans to engage in agency export business but lacks relevant experience in writing the agency export application process, hoping to obtain professional and practical guidance. The best answer suggests first clarifying applicant information, elaborating on entrusted matters, introducing rights and obligations of both parties, describing export process arrangements, and finally adding breach liability and dispute resolution clauses, providing a comprehensive framework for writing.
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Professional consultant answers
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
For imported food agency, documentation writing is crucial. Here are some key contents: First is the company's basic information, including name, registered address, business scope, etc., to let partners understand your company background.
Then you should describe your experience with imported food. If you have agency experience with similar products, elaborate on it to build trust.
Market analysis is also essential. Analyze the target market size, consumer group characteristics, competitive situation, such as local consumers' preference for such imported food, market saturation, etc. This demonstrates your market understanding.
Sales channel planning should be clearly stated - whether through online e-commerce platforms or offline supermarkets, specialty stores, etc., with promotion and distribution plans.
An after-sales service plan is also needed, such as processes and measures for handling consumer complaints, returns/exchanges, to show partners you can properly handle after-sales issues.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
The imported food agency documentation should clearly state your estimated import volume. Partners care about this as it reflects your business potential.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
Remember to describe your quality control measures for imported food, such as inspection and quarantine processes, to assure partners about entrusting products to you.
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
Include the promotional resources you plan to invest, like advertising budget, marketing activity plans, to show your commitment to product promotion.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
Also mention your logistics and distribution resources. Since food transportation and storage have high requirements, reliable logistics support is crucial.