What kind of invoices should be issued for agency import and export? Come and help me answer this!
Solved#Export agent#
My company plans to find an agent for import and export business, but I'm not very clear about the invoicing matters. I want to ask what kind of invoices are generally issued for agency import and export? Is it the agent company or our company that issues the invoices? Will there be differences in invoicing for different types of import and export businesses? In addition, how to determine the tax rate involved in invoicing? I hope some knowledgeable friends can explain it in detail. Thank you in advance!
Professional consultant answers
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
The invoicing situation for agency import and export needs to be divided into different cases. If the agent company only provides agency services and charges agency fees, then the agent company should issue VAT ordinary invoices or special invoices to the principal, and the tax rate is generally 6%. Because agency services fall within the category of modern service industries.
If the agent company imports goods in its own name and then sells them to the principal, in the import link, the agent company has to pay import VAT to the customs and obtain a special payment letter for import VAT from the customs. When selling to the principal, the agent company needs to issue a VAT special invoice to the principal according to the sales of goods. The tax rate for general goods is 13%, and for specific agricultural products, etc., it is 9%.
For export business, if it is an agent export, the principal declares export tax rebate by itself, and the agent company issues an agency fee invoice; if the agent company exports in its own name and meets the conditions for exemption, credit and refund of tax, the agent company declares export tax rebate and issues an export invoice, and the zero tax rate applies.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
Generally speaking, the agency fee invoice must be issued by the agent company. If it involves the goods sales invoice, it depends on the situation. For example, if the import and sales are in the name of the agent company, the agent company issues the invoice.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
If the export business is entrusted to an agent for export, the principal is responsible for the relevant invoices for export tax rebate, and the agent only needs to issue an agency fee invoice.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
The customs VAT payment letter involved in import is for the agent company. If the agent company sells to you again, it will issue a sales invoice to you.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
In terms of tax rate, the general tax rate for selling goods is 13%, 9% for special cases, 6% for agency fees, and 0% for exports that meet the conditions. Pay more attention to the distinctions.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
For invoicing in agency import and export, pay attention to the essence of the business, whether it is pure agency or buyout, which determines the invoicing entity and type.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
If the agent company only helps with the procedures, it issues an agency fee invoice according to the tax rate of the modern service industry.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
If the agent company imports and then sells to you, the sales invoice is issued according to the tax rate corresponding to the goods.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
The invoicing of export business mainly depends on who is responsible for the export tax rebate, and the corresponding invoicing is also different.
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
For the invoicing type and tax rate, it is best to confirm with the local tax department to ensure accuracy.