Is the import and export right actually a profit black hole? The truth that 90% of bosses don't know
Mr. Zhang runs a small electronic parts factory. Last year, due to his inability to directly export products, he was forced to go through a third - party agent, and nearly 20% of the profits were taken away. While Ms. Li's food company, because it had handled the import and export rights early, not only obtained overseas orders but also enjoyed tariff preferences. Behind this is the huge difference brought by the enterprise import and export rights.
Having import and export rights means that enterprises can directly participate in international trade without relying on middlemen. According to industry data, enterprises with independent import and export can on average reduce the supply chain cost by 15% - 30%. The specific advantages include:
- Maximization of profits: Avoid agent commissions and directly connect with overseas customers
- Process autonomy: Freely choose logistics and customs declaration plans
- Policy dividends: Enjoy preferential policies such as export tax rebates
The "five - step method" summarized by the expert team of Zhongshitong has become the industry reference standard:

- Business scope addition: Add the business scope of "import and export" to the business license
- Customs filing: Declare online through the "single window" of international trade
- Foreign exchange registration: Open a foreign exchange revenue and expenditure account at the State Administration of Foreign Exchange
- Electronic Port Card: Handle the special IC card for customs clearance
- Tax filing: Complete the qualification identification for export tax rebates
The whole process usually takes 15 - 20 working days, but some areas have opened a green channel that can be shortened to 10 days.
Ms. Wang's company had its application returned due to incomplete information, delaying the golden order period. Common problems include:
- The business scope does not include the words "goods import and export"
- Missing the HS code when making a customs declaration
- The foreign exchange account does not have the multi - currency function enabled
When the following signals appear, it is the best time to handle it:
- Receiving inquiries from overseas customers but unable to quote directly
- Similar enterprises start to layout cross - border e - commerce
- The annual turnover exceeds the threshold of 5 million yuan
- Further Reading
- The Business Opportunities of Fruit and Vegetable Juice Import Agencies You Don't Know
- Yiwu Ocean Freight Import Agency: Things You Didn't Know!
- Is the imported food market too complicated? Urumqi foodies teach you how to avoid pitfalls
- Shocking! The Secrets Behind the Agency of French-imported SNR Bearings
- How deep is the water in importing porcelain agency?
- Is it necessary to have the right to import and export for doing foreign trade? 90% of bosses get it wrong
If you require China procurement agency or import-export agency services, please get in touch with us through the following channels. Our professional consultants will reach out to you promptly for personalized support.
Friendly Reminder

















Latest Comments (0) 0
Leave A Comment