Generally speaking, the destination of the funds for the tax refund of export agency falls into two situations. If the agency company handles the tax refund declaration and obtains the tax refund, and there is no special stipulation in the agency agreement, the tax refund will first be refunded to the account of the agency company, and then the agency company will transfer the corresponding funds to the consignor company according to the provisions of the agreement. This situation is more common, as the agency company is responsible for the entire tax refund process operation and keeps track of the progress of the tax refund.
The other situation is that if the consignor meets certain conditions, such as having the ability to declare the tax refund by itself, etc., and is approved by the tax authorities, the consignor can declare the tax refund by itself, and at this time the tax refund will be directly refunded to the account of the consignor company. Specifically where it is refunded depends on the stipulations of the agency agreement and the actual subject of the tax refund declaration. It is recommended that you carefully check the agreement signed with the agency company to clarify the rights and obligations of both parties and avoid subsequent disputes.
Professional consultant answers
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
Generally speaking, the destination of the funds for the tax refund of export agency falls into two situations. If the agency company handles the tax refund declaration and obtains the tax refund, and there is no special stipulation in the agency agreement, the tax refund will first be refunded to the account of the agency company, and then the agency company will transfer the corresponding funds to the consignor company according to the provisions of the agreement. This situation is more common, as the agency company is responsible for the entire tax refund process operation and keeps track of the progress of the tax refund.
The other situation is that if the consignor meets certain conditions, such as having the ability to declare the tax refund by itself, etc., and is approved by the tax authorities, the consignor can declare the tax refund by itself, and at this time the tax refund will be directly refunded to the account of the consignor company. Specifically where it is refunded depends on the stipulations of the agency agreement and the actual subject of the tax refund declaration. It is recommended that you carefully check the agreement signed with the agency company to clarify the rights and obligations of both parties and avoid subsequent disputes.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
Usually for export agency, as long as the agreement doesn't specify otherwise, the tax refund will first go to the account of the agency company. After all, the agency helps handle the tax refund procedures and then transfers it to the consignor.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
If the consignor and the agency company stipulate in the agreement that the tax refund will be directly refunded to the consignor, and the consignor meets the conditions for self-declaration and passes the tax audit, it will be directly refunded to the account of the consignor.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
In actual operation, if the agency company has a good reputation and the process is standardized, regardless of which account the refund goes to, the safety of the funds is basically guaranteed. However, if it is refunded to the agency account, the consignor should pay attention to the timeliness of the transfer.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
If the consignor is familiar with the tax refund process and can provide complete information to declare the tax refund by itself, the tax refund will be directly refunded to the account of the consignor, which is more reassuring.
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
Judging from the common practices, the agency is responsible for declaring the tax refund, and in most cases the tax refund will first go to the agency account and then be transferred to the consignor according to the agreement.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
Some agencies, in order to protect their own interests, will require that the tax refund first go to their own accounts, but they will also transfer it to the consignor in a timely manner according to the agreement.
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
If the tax department allows the consignor to declare by itself, the consignor can strive to have the tax refund directly refunded to its own account to reduce intermediate links.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
The key still lies in the export tax refund agreement signed between the consignor and the agency company. Just follow the agreement.