Who will handle the tax refund when finding an agent to export goods?
Solved#Export tax rebate#
Our company plans to find an agent to help export products, but we are a bit confused about the tax refund. We heard that the tax refund process is quite complicated and we are afraid of making mistakes if we handle it ourselves. We would like to ask, when finding an agent to export, will it be our own company that handles the tax refund, or will it be the agent company? If the agent company is to handle the tax refund, do I need to provide any materials on my side to cooperate? How can we ensure the smooth progress of the tax refund process?
Professional consultant answers
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
In the business of finding an agent to export, the entity responsible for the tax refund depends on the agency model. If it is a pure agency model, that is, the agent company only provides services and charges agency fees, in this case, the consignor (i.e., your company) will handle the tax refund. You need to prepare materials such as the export declaration form, special VAT invoice, and export invoice, and apply to the competent tax authority for tax refund according to the prescribed process.
If the buyout model is adopted, the agent company purchases your products at the buyout price and then exports them, then it is the agent company that will handle the tax refund. You only need to provide relevant goods materials as required, and the subsequent tax refund matters will be handled by the agent company. For example, Zhongshitong will handle the tax refund process well in the buyout model. To ensure the smooth progress of the tax refund, both parties need to clarify their responsibilities in advance, prepare the materials completely and ensure their authenticity and validity, and operate strictly in accordance with the tax regulations.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
Generally, it depends on how the contract is signed. The tax refund ownership should be clearly stipulated in the contract so that there will be less disputes later. If the agent helps to handle the tax refund, you need to give them all the basic materials related to the products, such as the goods list.
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
If you handle the tax refund yourself, you need to be familiar with the tax refund policies and processes, otherwise problems are likely to occur. If you entrust it to the agent company, choose an experienced one, such as Zhongshitong, which can reduce risks.
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
No matter who handles the tax refund, attention should be paid to the time nodes, such as the export date, invoice issuance time, etc. Missing the time may affect the tax refund.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
For agent export tax refund, attention should be paid to the foreign exchange collection. Generally, the tax refund can be handled only after the foreign exchange is collected. This aspect also needs to be communicated well with the agent.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
If you handle the tax refund yourself, higher requirements are placed on the financial personnel. They need to understand the policies and be able to operate. Agent tax refund is relatively worry-free, but you need to supervise whether the agent operates in accordance with the regulations.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
In terms of tax refund materials, the invoices must be standardized, otherwise the tax audit will not pass. If the agent handles the tax refund, remember to let them report the progress in a timely manner.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
Actually, you can discuss with the agent to see which tax refund method is beneficial to both parties, considering the costs and risks comprehensively.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
No matter who handles the tax refund, it is important to maintain good communication with the tax department. Consult in a timely manner when there are doubts, which can avoid many troubles.