Does It Really Take So Long to Handle the Export Right?

In today's wave of globalization in business, many enterprises have the ambition to expand overseas markets, and having the export right is like the key to opening this door. So, how long does it generally take to handle the export right? This must be a question that many business owners are eager to know. Today, let's have a good chat about this matter.

To know the time required to handle the export right, first of all, you need to be clear about its handling process. Generally speaking, it mainly involves the following key steps:

• Step 1: Go to the Bureau of Commerce to register for the record of foreign trade operators. In this step, relevant enterprise materials need to be submitted, such as a copy of the business license, etc. The Bureau of Commerce will review these materials.
• Step 2: Go to the customs to register for the customs declaration unit. The customs will verify the relevant information of the enterprise to ensure that it has the conditions to carry out import and export business.
• Step 3: Go to the Entry-Exit Inspection and Quarantine Bureau to register for the record of the self-inspection unit. This step is also a regulatory requirement for the enterprise in terms of product inspection and quarantine.
• Step 4: You also need to go to the State Administration of Foreign Exchange to handle the procedures such as opening a foreign exchange account and registering for the verification and cancellation of export proceeds collection. It involves important matters such as the management of foreign exchange receipts and payments of the enterprise.
• Step 5: Go to the State Taxation Bureau to handle the procedures for export tax rebate registration. This is crucial for the enterprise to obtain tax preferences in export business.

There may be some slight differences in specific processes and requirements in different regions, but the general framework is similar.

So, how long does each step specifically take?

• For the registration of the record of foreign trade operators in the Bureau of Commerce, if the materials submitted by the enterprise are complete and accurate, usually the review can be completed and the record can be given in about 3 to 5 working days. However, if there are problems with the materials and they need to be supplemented or modified repeatedly, the time will be correspondingly extended, and it may be delayed to 1 to 2 weeks or even longer.
• For the registration of the customs declaration unit in the customs, the general review time is about 5 to 7 working days. However, if it encounters the peak period of business and the workload of the reviewers is large, the review may also be completed a few days later.
• For the registration of the record of the self-inspection unit in the Entry-Exit Inspection and Quarantine Bureau, relatively speaking, the handling speed is also relatively fast, and it can be completed in about 3 to 5 working days, provided that the materials are complete.
• For the handling of relevant procedures in the State Administration of Foreign Exchange, due to the relatively complex content such as foreign exchange policies involved, the review is relatively strict, and it generally takes about 7 to 10 working days.
• For the handling of the procedures for export tax rebate registration in the State Taxation Bureau, under normal circumstances, it can be processed in 5 to 7 working days. However, if the tax situation of the enterprise is relatively complex and needs further verification, the time is hard to say, and it may be extended a lot.

Besides the regular handling time of each step itself, there are also some factors that will affect the total duration of handling the export right:

• The preparation of the enterprise's own materials. If the enterprise can prepare the required materials completely and accurately in advance, then the handling of each step can be carried out more smoothly; otherwise, there will be continuous delays. For example, in Mr. Zhang's enterprise, because the copy of the business license was not clear at the beginning, it took several days to re-prepare the materials when registering in the Bureau of Commerce.
• The familiarity of the handling personnel with the process. Some enterprises arrange personnel who are specifically familiar with the handling process of foreign trade business to be responsible, so they can avoid many detours and save time during the handling process. However, some enterprises may arrange personnel temporarily, and they have a smattering of knowledge about the process, so it is easy to have situations such as repeated inquiries and submitting wrong materials, thus lengthening the handling time.
• The work efficiency of local relevant departments. The work busy degree and work efficiency of the Bureau of Commerce, customs and other departments in different regions are different. For example, in some coastal economically developed regions, the volume of foreign trade business is large, and the relevant departments may handle business relatively quickly, but there may also be occasional congestion situations due to the large volume of business; while in some inland regions, the volume of business is relatively small, and the handling speed may be slightly slower, but it is also possible that individual steps are sluggish due to reasons such as personnel allocation.

After understanding the factors affecting the handling time, what should enterprises do to accelerate the handling speed of the export right?

• First of all, do sufficient preparation work of materials in advance. Carefully check each material that needs to be submitted to ensure its authenticity, accuracy and completeness. You can refer to the material list given by local relevant departments and prepare them one by one.
• Secondly, arrange professional personnel to be responsible for the handling matters. If there is no suitable candidate within the enterprise, you can consider hiring professional foreign trade service institutions, such as Zhongshitong. They have rich experience and professional knowledge and can complete the handling work efficiently.
• Finally, maintain good communication with local relevant departments. If you encounter any problems during the handling process, consult them in time, and adjust and improve the handling procedures in time according to their requirements, so that you can also avoid time waste caused by misunderstandings and other reasons.

In conclusion, the time for handling the export right is not a fixed value. It will be affected by various factors. If enterprises want to obtain the export right smoothly as soon as possible, they need to make full preparations in all aspects and actively respond to possible problems. I hope that all business owners can open the door to overseas markets as soon as possible and make their products sell well all over the world! Do you have any questions or experiences to share about handling the export right? Welcome to leave comments and discuss in the comment area.