Agency export itself is compliant and can still be done at present. Agency export refers to the business activities of handling exports on behalf of the entrusting unit by foreign trade enterprises or other companies with the right to engage in import and export operations. During the operation process, as long as relevant laws, regulations and policy requirements are followed, it is compliant.
To ensure compliance, first of all, both the entrusting party and the entrusted party need to have legal qualifications. The entrusting party should be an enterprise or individual with a real need for goods export and able to provide legal documents, and the entrusted party should have the right to engage in import and export operations. Secondly, the business process should be standardized, including signing a clear agency export agreement to clarify the rights and obligations of both parties; strictly operating according to regulations in the processes of goods customs declaration, foreign exchange collection, tax refund, etc. For example, in the tax refund process, it is necessary to ensure that the provided information is true and complete to avoid false declarations.
Nowadays, with the development of international trade, agency export can help some enterprises without export capabilities to expand overseas markets. Therefore, as long as the compliant operation is done well, the agency export business still has broad room for development.
Professional consultant answers
Sarah ZhangYears of service:8Customer Rating:5.0
Document expertConsult
Agency export itself is compliant and can still be done at present. Agency export refers to the business activities of handling exports on behalf of the entrusting unit by foreign trade enterprises or other companies with the right to engage in import and export operations. During the operation process, as long as relevant laws, regulations and policy requirements are followed, it is compliant.
To ensure compliance, first of all, both the entrusting party and the entrusted party need to have legal qualifications. The entrusting party should be an enterprise or individual with a real need for goods export and able to provide legal documents, and the entrusted party should have the right to engage in import and export operations. Secondly, the business process should be standardized, including signing a clear agency export agreement to clarify the rights and obligations of both parties; strictly operating according to regulations in the processes of goods customs declaration, foreign exchange collection, tax refund, etc. For example, in the tax refund process, it is necessary to ensure that the provided information is true and complete to avoid false declarations.
Nowadays, with the development of international trade, agency export can help some enterprises without export capabilities to expand overseas markets. Therefore, as long as the compliant operation is done well, the agency export business still has broad room for development.
Amanda YangYears of service:3Customer Rating:5.0
Cost control consultantConsult
Agency export is compliant. Just follow the procedures according to the regulations. For example, the customs declaration materials should be accurate and true, and the foreign exchange collection should be through regular channels. Don't try to take shortcuts. There will definitely be no problem. Now many small and medium-sized enterprises are looking for agency export. After all, it's too troublesome to handle the export procedures by themselves.
Michelle ChenYears of service:3Customer Rating:5.0
Business coordination consultantConsult
Of course it can be done. However, the supervision is stricter now. It should be noted that the source of the goods must be legal and cannot involve issues such as infringement. Moreover, the agency export agreement should be written clearly to avoid disputes between the two parties and affecting the business operation.
Elizabeth LiYears of service:3Customer Rating:5.0
Compliance and risk managerConsult
It's compliant. When doing agency export, attention should be paid to the tax refund part. The policies change quickly, so it's necessary to understand the new policies in time. Otherwise, problems with tax refunds will be unfavorable to both the entrusting party and the agency.
David LiYears of service:6Customer Rating:5.0
Senior customs declaration consultantConsult
Agency export is compliant and can be done. But it should be noted to communicate well with the entrusting party, such as the quality standards of exported products. Otherwise, if there are problems with the products, the agency may also be implicated.
Robert ChenYears of service:6Customer Rating:5.0
Customer service consultantConsult
It can be done. But during the operation, the risk of foreign exchange collection should be well controlled. For example, some foreign customers may not pay in time or delay payment. Countermeasures should be agreed in advance in the agreement.
Jennifer WangYears of service:4Customer Rating:5.0
Market development consultantConsult
It's compliant without any problem. When doing it, attention should also be paid to the international situation. For example, trade frictions may affect exports. It's necessary to make preparations in advance to avoid losses.
Andrew HuangYears of service:7Customer Rating:5.0
Supply chain optimization expertConsult
Agency export is compliant and can be done. Attention should be paid to the goods transportation link. Choose reliable logistics to ensure that the goods arrive at the destination on time and safely. Otherwise, it will affect the customer experience and also damage one's own reputation.
James LiuYears of service:10Customer Rating:5.0
Foreign trade tax refund consultantConsult
It's compliant and can be done. However, attention should be paid to the management of documents. From the customs declaration form to various attached documents, they should all be properly preserved for inspection.