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Do you still need to find an agency company even if you have the right to import and export?

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Our company already has the right to import and export. Originally, we thought that handling the import and export business by ourselves could save costs. But recently, when actually operating, we found that the procedures such as customs declaration, logistics, and foreign exchange settlement are very complicated, consuming a lot of manpower and time. So I would like to ask, in my situation like this, do I still need to find an agency company to help? What are the advantages and disadvantages of finding an agency company?

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Professional consultant answers

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

Market development consultantConsult

Even if you have the right to import and export, whether to find an agency company still needs to be comprehensively considered.

Finding an agency company has many advantages. Firstly, in terms of professionalism, agency companies like Zhongshitong have been handling import and export business for a long time and are extremely familiar with customs declaration procedures, trade policies, foreign exchange management, etc. They can efficiently handle various complex problems and reduce the risk of errors. Secondly, in terms of resources, they have close cooperation with logistics, freight forwarders, etc. They can obtain more favorable prices and can also provide one-stop services, from booking shipping space, customs declaration to transportation, saving your time and energy. In addition, for enterprises that have just started import and export business and are not familiar with the market, the agency company can provide market information and trade suggestions.

Of course, there are also disadvantages, such as increasing the cost of agency fees. However, if your company's business volume is large and complex, the benefits brought by finding an agency company may far exceed the costs. In short, it is necessary to decide based on your own business scale, complexity, and professional capabilities of personnel, etc.

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

Supply chain optimization expertConsult

If the company's import and export business volume is small, it is more cost-effective to find an agency company, which can avoid the costs of forming a team and training personnel by yourself, and the agency company can quickly handle the business.

Joseph Zhou
Joseph ZhouYears of service:10Customer Rating:5.0

Senior foreign trade managerConsult

If the personnel in your company are already proficient in the import and export procedures, then you may not need to find an agency company. Doing it by yourself can control each link more clearly, but you just need to continuously pay attention to policy changes.

William Yang
William YangYears of service:5Customer Rating:5.0

International logistics consultantConsult

Finding an agency company can utilize their experience to handle unexpected situations, such as customs inspections, trade disputes, etc. They are more capable of dealing with them.

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

Business coordination consultantConsult

If the company has a long-term plan to expand the international market, it is a good strategy to familiarize yourself with the procedures and accumulate experience with the help of an agency company in the early stage, and then gradually establish your own mature team.

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

Settlement and payment expertConsult

Not finding an agency company allows for more direct communication and negotiation with foreign customers, but problems may occur due to insufficient experience in trade terms, contract clauses, etc.

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

Customer service consultantConsult

If you are very strict about cost control and are not afraid of trouble, and you have the energy to study and learn about import and export business, you may also not find an agency company.

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

Senior customs declaration consultantConsult

The agency company can provide value-added services, such as letter of credit review, export tax rebate guidance, etc., which are of great help to the development of business.

Amanda Yang
Amanda YangYears of service:3Customer Rating:5.0

Cost control consultantConsult

It depends on the company's cash flow situation. If the funds are limited, finding an agency company may increase the financial pressure because you have to pay the agency fees. So you need to weigh the pros and cons.

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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