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Who exactly does the export agency tax refund go to? Come and find out!

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I have found an export agency company to help handle the export business, and now it involves the tax refund issue. I'm not quite sure who the export agency tax refund ultimately goes to, is it me as the consignor, or the agency company? Are there any regulations or things that need to be noted here? I hope friends who are knowledgeable in this area can explain it to me in detail so that I can have a clear idea.

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Professional consultant answers

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

Senior customs declaration consultantConsult

The export agency tax refund usually goes to the consignor, that is, the actual manufacturing enterprise or foreign trade enterprise of the exported goods. This is because the consignor is the actual owner of the goods and the main body of the export business operations, and the agency company only provides agency services.

However, in actual operations, the tax refund amount may first be refunded to the account of the agency company, and then the agency company will transfer it to the consignor. This is mainly because in the tax refund process, the agency company is responsible for handling the relevant tax refund procedures, and the tax department may refund the tax to the account handling the tax refund.

However, the agency company must strictly follow the consignment agreement and transfer the tax refund amount to the consignor in a timely and full amount without withholding. Before cooperation, the consignor and the agency company must clearly define the ownership of the tax refund amount, payment time, method and other key terms in the agency agreement to avoid disputes in the later stage.

Elizabeth Li
Elizabeth LiYears of service:3Customer Rating:5.0

Compliance and risk managerConsult

Generally speaking, if it is a pure agency model, the tax refund goes to the consignor. The main responsibility of the agency company is to help the consignor handle the export process and tax refund declaration and other work, and the tax refund income still belongs to the consignor.

Sarah Zhang
Sarah ZhangYears of service:8Customer Rating:5.0

Document expertConsult

The tax refund is generally given to the consignor enterprise, but if the agency company exports in its own name and meets certain conditions such as being regarded as self-produced, it is also possible that the tax refund goes to the agency company, although this situation is less common and most of the time it is still given to the consignor.

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

Cost control consultantConsult

The ownership of the export agency tax refund depends on how the agency agreement is signed. Under normal circumstances, it is given to the consignor, but if there are other agreements in the agreement, then it will be done according to the agreement. So be careful when signing the agreement.

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

Customer service consultantConsult

According to the regulations, it is given to the enterprise with the right to engage in export business and bearing the profits and losses of the exported goods, so most of the time it is the consignor. But if the agency company advances the tax refund, it is possible that it will first receive the tax refund and then settle with the consignor.

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

Business coordination consultantConsult

Usually it is given to the consignor. The agency company only assists in handling the tax refund matters, and the consignor is the main body enjoying the preferential policies of the tax refund. After all, the rights and interests related to the goods are with the consignor.

Joseph Zhou
Joseph ZhouYears of service:10Customer Rating:5.0

Senior foreign trade managerConsult

Generally it is given to the consignor. The agency company is equivalent to running errands to handle things, and such an important right as the tax refund is definitely given to the actual exporter, that is, the consignor. However, pay attention to the agreement.

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

International logistics consultantConsult

The export agency tax refund is basically given to the consignor enterprise, because the consignor enterprise is the actual undertaker of the export business, and the agency company only provides services and does not enjoy the tax refund income.

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

Market development consultantConsult

Normally it is given to the consignor, but if the agency company and the consignor have agreed on things like sharing, then the tax refund amount will be distributed according to the agreement. The key lies in how the two parties negotiate.

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

Supply chain optimization expertConsult

Most of the time it is given to the consignor, which conforms to the principle that the export tax refund policy points to the actual exporter. But in practice, both parties can also negotiate to clearly define the details of the tax refund ownership in the agreement.

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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