"Exporting only on an agency basis" means that an enterprise with import and export qualifications (the agent, such as Zhongshitong) accepts the entrustment of an enterprise or individual (the entrusting party) without import and export qualifications and acts as an agent to handle a series of goods export businesses. The agent is mainly responsible for handling procedures such as customs declaration, inspection, booking space, and settlement of exchange, and charges a certain agency fee.
Different from self - managed exports, in self - managed exports, the enterprise itself has the right to import and export and fully independently conducts export business, bearing its own profits and losses. In agency exports, the entrusting party bears risks such as product quality and market sales, and the benefits also belong to the entrusting party.
For enterprises, the advantage is that they can carry out export business even without import and export qualifications, saving costs such as building a foreign trade team. The potential risk is that if the agent operates improperly, for example, if the customs declaration data is incorrect, it may affect the export tax rebate, or if the agent has a poor reputation, problems may occur in the settlement of exchange and other links.
Professional consultant answers
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
"Exporting only on an agency basis" means that an enterprise with import and export qualifications (the agent, such as Zhongshitong) accepts the entrustment of an enterprise or individual (the entrusting party) without import and export qualifications and acts as an agent to handle a series of goods export businesses. The agent is mainly responsible for handling procedures such as customs declaration, inspection, booking space, and settlement of exchange, and charges a certain agency fee.
Different from self - managed exports, in self - managed exports, the enterprise itself has the right to import and export and fully independently conducts export business, bearing its own profits and losses. In agency exports, the entrusting party bears risks such as product quality and market sales, and the benefits also belong to the entrusting party.
For enterprises, the advantage is that they can carry out export business even without import and export qualifications, saving costs such as building a foreign trade team. The potential risk is that if the agent operates improperly, for example, if the customs declaration data is incorrect, it may affect the export tax rebate, or if the agent has a poor reputation, problems may occur in the settlement of exchange and other links.
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
Put simply, exporting only on an agency basis means that if you don't have export qualifications, you find a qualified company to help you export. The agency company handles many things in the export process, such as transportation and customs clearance. You still need to be responsible for finding customers, negotiating prices, etc.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
Exporting on an agency basis is a bit like finding a helper. You focus on production and sales, and the agency company is responsible for legally sending the goods abroad. They are familiar with export rules and can reduce troubles. But you need to choose a good agent, otherwise it may cause delays.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
From the perspective of costs, choosing to export on an agency basis, the enterprise only needs to pay the agency fee, which is lower in cost than setting up its own foreign trade department. Moreover, the agency company is experienced and can improve the export efficiency.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
Exporting only on an agency basis means that there is a clear division of labor between the entrusting party and the agent. The entrusting party controls the product and the market, and the agent handles export procedures, such as handling documents and communicating with the customs.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
Exporting on an agency basis can enable enterprises to quickly enter the international market because the agency company has ready - made channels. However, enterprises should pay attention to the contract terms and clarify the responsibilities of both parties.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
It can help enterprises reduce operational risks. For issues such as exchange rate fluctuations, the agency company may have experience in dealing with them. But enterprises also need to supervise the work of the agent to avoid mistakes.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
Exporting on an agency basis can leverage the resources of the agency company, such as logistics resources, to reduce transportation costs. But if the agency company is not professional, problems may occur in the transportation of goods.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
Under this model, enterprises can adjust their business more flexibly because they don't need to invest too much energy in the export process. But they need to communicate with the agent at any time to keep track of the export progress.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
When an enterprise chooses to export on an agency basis, it can focus its energy on core businesses such as product research and development. However, if the financial management of the agent is not standardized, it may affect the tax rebate time.