For tax refund of agent export, generally, the tax refund goes to the principal, that is, your company that hires the agent company to handle export tax refund. This is because the principal is the actual exporter and seller of the goods, bearing the relevant costs and risks of the goods. Essentially, export tax refund is to refund the value-added tax, etc. already paid on the exported goods, and the principal is the actual beneficiary of this tax refund policy.
In actual operation, the agent company will assist the principal in preparing the materials required for export tax refund, such as customs declaration forms, invoices, verification forms, etc., and declare to the tax authority according to the specified process. After the tax authority approves, the tax refund amount will be directly refunded to the bank account designated by the principal.
The calculation of the tax refund amount is based on the tax basis and tax refund rate of the exported goods. The tax basis is usually the free on board (FOB) price of the exported goods, etc. As long as the principal and the agent company cooperate closely and operate according to the specified process, generally there will be no major problems.
Professional consultant answers
James LiuYears of service:10Customer Rating:5.0
Foreign trade tax refund consultantConsult
For tax refund of agent export, generally, the tax refund goes to the principal, that is, your company that hires the agent company to handle export tax refund. This is because the principal is the actual exporter and seller of the goods, bearing the relevant costs and risks of the goods. Essentially, export tax refund is to refund the value-added tax, etc. already paid on the exported goods, and the principal is the actual beneficiary of this tax refund policy.
In actual operation, the agent company will assist the principal in preparing the materials required for export tax refund, such as customs declaration forms, invoices, verification forms, etc., and declare to the tax authority according to the specified process. After the tax authority approves, the tax refund amount will be directly refunded to the bank account designated by the principal.
The calculation of the tax refund amount is based on the tax basis and tax refund rate of the exported goods. The tax basis is usually the free on board (FOB) price of the exported goods, etc. As long as the principal and the agent company cooperate closely and operate according to the specified process, generally there will be no major problems.
Amanda YangYears of service:3Customer Rating:5.0
Cost control consultantConsult
The tax refund usually goes to the enterprise that entrusts the export. The agent company only assists in handling the procedures and charges an agency fee, and will not intercept the tax refund amount.
Andrew HuangYears of service:7Customer Rating:5.0
Supply chain optimization expertConsult
It is refunded to the entrusting enterprise. The tax authority clearly stipulates that the principal handles the tax refund for agent export business. The agent company only plays an auxiliary role in the declaration.
Michelle ChenYears of service:3Customer Rating:5.0
Business coordination consultantConsult
It must be refunded to the principal. After all, the principal is the actual operating entity of the export business, and the agent is just a helper.
Sarah ZhangYears of service:8Customer Rating:5.0
Document expertConsult
It is refunded to the principal. In the entire export business, the principal assumes the main responsibility, so the tax refund naturally belongs to the principal.
Jennifer WangYears of service:4Customer Rating:5.0
Market development consultantConsult
The tax refund goes to the company that entrusts the export. The task of the agent company is to help the entrusting company sort out materials for declaration and is not involved in the attribution of the tax refund.
David LiYears of service:6Customer Rating:5.0
Senior customs declaration consultantConsult
Normally, it is refunded to the principal. The agent company only assists in completing the export tax refund process and does not enjoy the right to the tax refund.
William YangYears of service:5Customer Rating:5.0
International logistics consultantConsult
The tax refund goes to the entrusting enterprise. The agent company is not eligible to obtain the tax refund. This is a basic regulation.
Joseph ZhouYears of service:10Customer Rating:5.0
Senior foreign trade managerConsult
The principal is the recipient of the tax refund. The agent company only provides services and charges service fees.