Who is responsible for tax refund in agency export? Come and find out!
Solved#Export tax rebate#
Our company plans to export products through an agency company. We want to know who is actually responsible for tax refund in this case of agency export? Is it our principal or the agent? Is the tax refund process very complicated? What are the special points that need attention during the tax refund process? We hope that professionals can help answer these questions, so that we can have a clearer understanding of agency export tax refund and avoid problems in the future.
Professional consultant answers
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
In the agency export business, under normal circumstances, the tax refund entity is the principal. This is because the principal is the actual producer and seller of the goods, who owns the ownership of the goods and assumes corresponding risks.
The agent is only entrusted to handle export-related matters and does not have the qualification for tax refund. To handle tax refund, the principal must first ensure that it has the qualifications for export tax refund, such as having completed the record-filing registration of foreign trade operators. Then, the principal needs to obtain the agency export goods certificate issued by the agent and prepare the necessary materials for tax refund, such as the export goods declaration form and export invoice, and apply to the competent tax authority for tax refund as required.
It should be noted especially that the authenticity of the goods transaction should be ensured, and the materials should be compliant and complete to avoid the risks brought by false tax refund behaviors.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
Generally, it is the principal who gets the tax refund, because the principal is the one who actually has economic activities such as goods sales. The agent only helps with the export process and is not eligible for tax refund.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
Definitely the principal gets the tax refund. The agent is just in charge of running errands and helping with the export procedures. The tax refund still has to be handled by the principal itself. As long as the materials are prepared well and follow the process, it will be okay.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
The principal gets the tax refund. However, the principal should communicate closely with the agent to ensure timely receipt of key materials such as the agency export goods certificate, otherwise it will affect the tax refund progress.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
Mostly the principal gets the tax refund. But the tax refund process should be clear. For example, the information on the declaration form must be accurate, otherwise there will be problems in the tax refund declaration.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
Of course, it is the principal who gets the tax refund. The main responsibility of the agent is to assist with the export. The principal should sort out various tax refund materials in a timely manner and declare according to tax requirements.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
It is the principal who gets the tax refund. When handling the tax refund, the principal should pay attention to the time nodes and do not miss the declaration deadline, otherwise the tax refund may not be possible.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
The principal gets the tax refund. And the principal should pay attention to the standard accounting treatment of the goods, which also affects the tax refund.
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
Usually, the principal gets the tax refund. During the handling process, the principal should pay attention to checking various documents to ensure the consistency of data, so as not to hinder the tax refund.