The determination of the attribution of the agency import trade volume mainly depends on the signing method of the trade contract and the actual business model. If the agent signs the import contract in the name of the principal, and the capital flow such as the payment for goods is directly paid by the principal to the overseas supplier, and the ownership of the goods directly belongs to the principal, in this case, the trade volume is usually counted as that of the principal, and the agent only provides services and charges agency fees.
If the agent signs the import contract in its own name, the capital flow also passes through the agency company, and the goods first enter the name of the agency company and then are transferred to the principal, then in this case, the trade volume is most likely counted as that of the agency company. However, in actual operation, both parties can also specify the attribution of the trade volume in the cooperation agreement to avoid subsequent disputes and protect the rights and interests of both parties.
It is recommended that your company conduct full communication and negotiation on key issues such as the attribution of the trade volume before cooperating with the agency company.
Professional consultant answers
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
The determination of the attribution of the agency import trade volume mainly depends on the signing method of the trade contract and the actual business model. If the agent signs the import contract in the name of the principal, and the capital flow such as the payment for goods is directly paid by the principal to the overseas supplier, and the ownership of the goods directly belongs to the principal, in this case, the trade volume is usually counted as that of the principal, and the agent only provides services and charges agency fees.
If the agent signs the import contract in its own name, the capital flow also passes through the agency company, and the goods first enter the name of the agency company and then are transferred to the principal, then in this case, the trade volume is most likely counted as that of the agency company. However, in actual operation, both parties can also specify the attribution of the trade volume in the cooperation agreement to avoid subsequent disputes and protect the rights and interests of both parties.
It is recommended that your company conduct full communication and negotiation on key issues such as the attribution of the trade volume before cooperating with the agency company.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
Generally speaking, if the agent is just purely helping with the procedures and all the rights and interests related to the goods belong to you, then the trade volume should be counted as yours.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
Look at the customs declaration form. Whose name is used for the customs declaration, the trade volume tends to be counted as that person's. If the customs declaration is in the name of the agency company, it may be counted as the trade volume of the agency company.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
If the agency company is responsible for advancing funds to purchase the goods and then sells them to you, the trade volume may be counted as that of the agency company.
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
From a financial perspective, whoever ultimately bears the cost and benefits of the goods, the trade volume may be counted as that person's, but it still depends on how the contract is signed.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
If the agent participates in market negotiations, procurement decisions, etc., and has a substantial impact on the trade, the trade volume may be counted as that of the agency company.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
In actual business, if the agency company provides in - depth services such as supply chain integration, the attribution of the trade volume may be inclined towards the agency company.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
Sometimes local policies will also affect the calculation and attribution of the trade volume. It is best to consult the local commerce department.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
The two parties can negotiate the attribution of the trade volume according to their contribution to the trade. As long as it is specified in the contract, disputes can also be avoided.