Get Import and Export Qualifications in 3 Days? The True Story of the Lucrative Business in Sha Si

"Mr. Zhang registered a company in Sha Si last month. He heard that it would take half a month to get the import and export qualifications, but he actually got them in 3 days!" Have you ever seen such WeChat Moments posts? As a popular place for foreign trade registration, Sha Si's efficient import and export handling process has attracted many entrepreneurs. But is "getting the certificate in 3 days" the norm or an exception? This article will dissect the entire process of obtaining import and export qualifications in Sha Si and uncover the key details behind the speed.

Compared with the traditional process, the uniqueness of Sha Si lies in:

• Material Digitalization: 90% of the supporting documents can be automatically retrieved through the government affairs system, eliminating the need for repeated submission.

• Parallel Examination and Approval: Customs recordation and foreign exchange registration are carried out simultaneously, saving at least 5 working days.

• Pre-audit Mechanism: Local service institutions such as Zhongshitong can pre-audit the materials in advance to avoid rework due to format issues.

The case of Ms. Li is quite typical: Her food trading company completed the supplementary submission of the hygiene license and the certificate of origin in one go through the pre-audit service, saving 11 days compared with her peers.

Although the official process seems simple, there are often "hidden obstacles" in actual operation:

• Incorrect classification of HS codes for goods will lead to difficulties in subsequent tax rebates.

• Some special categories (such as medical devices) require additional business licenses.

• If the bank account opening process is not reserved in advance, it may get stuck in the data review stage.

A cross-border e-commerce entrepreneur once had to pay additional inspection fees during customs clearance because he incorrectly classified "Bluetooth earphones" as "communication devices".

Based on the experience summarized from the service cases of Zhongshitong:

• Prepare theChinese and English versions of product specifications in advance (not mandatory but can accelerate customs inspection).

• It is recommended to chooseless than container load by sea for the first batch of goods to reduce the cost of trial and error.

• Apply directly for the qualification of AEO General Certification Enterprise when registering (upgrading later will take more time).

It is worth noting that the "whitelist" system recently launched by Sha Si opens a fast track for enterprises with an annual export volume of less than $500,000.

Starting from 2024, Sha Si Customs will strengthen supervision over two types of situations:

• "Shadow companies" where multiple import and export enterprises are registered at the same address.

• Transactions where the declared price is significantly 30% lower than the industry average price.

It is recommended that entrepreneurs regularly check the credit status of their enterprises through the "Single Window" system to avoid being misjudged as abnormal operations.

After reading this guide, you may wish to check against it: Are you stuck in the classification of goods? Or did you overlook the golden 48 hours for bank account opening? Welcome to share your practical experience in the comment section. If you are considering registering in Sha Si, you may wish to obtain theProgress Comparison Table for Handling Import and Export Qualifications that we have compiled (reply "progress table" after following to get it) to accurately control the time nodes of each link.