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What should be done if the export agency company goes out of business?

NO.20260130*****

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I found an export agency company to handle my export business. Recently, I suddenly found that this company has gone out of business. Some of the previous cooperative businesses have not been fully settled, and I don't know the progress of cargo transportation, customs declaration and other links. Now I'm extremely anxious and don't know what to do. Can anyone give me some suggestions on how to deal with this situation?

Quick Consultation :

Professional consultant answers

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

International logistics consultantConsult

First of all, stay calm and quickly collect relevant evidence, such as contracts, communication emails, payment records, business documents, etc. These evidences are crucial for subsequent rights protection. Then, try to contact the relevant person in charge of the company. If you can't get in touch, report the case to the local public security organ immediately, explain the situation that the export agency company has gone out of business, and request to file a case for investigation, and rely on the police to conduct the investigation. At the same time, contact the cooperative freight forwarder, customs broker, etc. to understand the actual status of the goods, see if there are additional costs or risks, and handle them in a timely manner to avoid greater losses. In addition, you can consult a professional lawyer, and based on the collected evidence, evaluate the possibility of recovering losses through legal channels, such as filing a civil lawsuit. In short, when encountering an export agency company going out of business, take proactive measures to minimize your own losses.

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

Business coordination consultantConsult

Hurry up and check if there is a dispute resolution clause in the contract signed with the export agency company, and handle it according to the provisions of the clause. If not, see if you can negotiate with the other party, even if you find the relevant personnel and ask for less money to reduce the loss.

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

Settlement and payment expertConsult

Sort out the business dealings with the export agency company and clearly count your losses. You can also contact other enterprises that have cooperated with this company to see how everyone is doing and think of solutions together. There is strength in numbers.

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

Market development consultantConsult

Report this situation to the industry association. The association may be able to provide some guidance or assistance. At the same time, pay attention to whether the company has assets, such as office equipment, etc., which might help recover some losses.

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

Supply chain optimization expertConsult

Go to the tax department to understand the tax declaration situation, prevent being implicated in tax issues due to the export agency company going out of business, and handle it in a timely manner to avoid tax risks.

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

Foreign trade tax refund consultantConsult

Check if there are customers with unfinished business, communicate with the customers to explain the situation, discuss solutions together, minimize the impact on customers as much as possible, and maintain your own business reputation.

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

Cost control consultantConsult

Expose this matter on social media, industry forums, etc. On the one hand, remind other enterprises not to be deceived again, and on the other hand, you might get some valuable clues.

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

Customer service consultantConsult

You can query the company information at the market supervision department where the company is registered to see if you can find some clues about the relevant person in charge, or understand the situation of the company's cancellation, etc.

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

Senior customs declaration consultantConsult

Pay attention to the dynamics of the company's account. If there is an inflow of funds, you may be able to take timely measures to freeze the funds and reduce your own losses.

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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