Handling of Import and Export Rights: The Profit Black Hole Unknown to 90% of Enterprises

Mr. Zhang has been very distressed recently. His electronic parts factory received an overseas order, but due to its inability to declare customs independently, it had to pay a high agency fee. While Ms. Li's clothing company next door saw a 40% direct increase in profits after obtaining the import and export rights last year. What exactly are import and export rights? Why can it enable enterprises to "easily earn" in the overseas market? Today, we will analyze this "wealth code" ignored by 90% of small and medium - sized enterprises.

I. Import and Export Rights: Not a Luxury, but a Necessity

Many people mistakenly believe that only large foreign trade enterprises need to handle import and export rights. But in fact:

• Cross - border e - commerce sellers: Independent customs declaration can save 15% - 20% of logistics costs
• Manufacturing enterprises: Directly connect with overseas customers, increasing the profit margin by more than 30%
• Service trade companies: Essential qualification for international bidding

Experts from Zhongshitong pointed out that after the implementation of the new regulations in 2023, the threshold for handling import and export rights has been significantly reduced, and small and micro enterprises with a registered capital of 30,000 yuan can also apply.

II. A Guide to Avoiding Pitfalls in the Whole Handling Process

The entire process usually takes 20 - 30 working days and is mainly divided into three stages:

• The first stage: Qualification preparation
  • Adding items to the business license (adding business scopes related to import and export)
  • Opening a bank foreign exchange account
• The second stage: Official filing
  • Customs registration (obtaining a 10 - digit customs code)
  • Applying for an electronic port IC card
• The third stage: Supporting construction
  • Registration in the list of the State Administration of Foreign Exchange
  • Export tax rebate filing

Special attention: The verification standards for export tax rebates vary greatly in different regions. It is recommended to consult a professional institution in advance.

III. Do You Know These Invisible Benefits?

In addition to the basic import and export qualifications, having import and export rights can also unlock:

• Applying for special government foreign trade subsidies (up to 500,000 yuan)
• Enjoying booth fee reduction when participating in international exhibitions
• Obtaining financial support such as letter of credit financing

Ms. Li's company has used these policies to quickly open up the situation in the Southeast Asian market.

IV. The Latest Trend Forecast in 2024

With the deepening of the RCEP agreement, the following are expected to occur:

• Facilitation of customs clearance in ASEAN countries (tariff reduction rate reaches 92%)
• Expansion of the cross - border e - commerce B2B export pilot
• Accelerated integration of foreign trade comprehensive service platforms

Now is the golden window period to seize policy dividends by laying out import and export rights.

Is Your Enterprise Ready to "Go Global"?

According to data from the Ministry of Commerce, in 2023, only 8.7% of the registered enterprises in China had import and export performance. This huge gap is both a challenge and an opportunity. It might be a good idea to do a self - assessment:

• Do you have stable overseas customer inquiries?
• Has the agency fee caused a loss of more than 20% of your profits?
• Do you want to establish an independent international brand?

If the answer to any of the above questions is "yes", then it's time to take action. Welcome to leave your industry and confusion in the comment area, and experts from Zhongshitong will select typical questions for detailed answers.