What Shenyang Enterprises Must Know When Going Global: 5 Fatal Mistakes in Entrusting Import and Export Services
Mr. Zhang has been very troubled recently - the high-quality mechanical parts produced by his company are in high demand abroad, but the complex import and export procedures have deterred him." Such scenes are not uncommon among small and medium-sized enterprises in Shenyang. With the gradual reduction of global trade barriers, entrusting import and export services are becoming a crucial springboard for local enterprises to go global. This article will break down the core value and key points of choosing this service for you.
Import and export business involves more than a dozen links such as customs declaration, taxation, and logistics, and there are more than 20 types of documents alone. Ms. Li's garment factory once had an entire batch of goods detained at the port for two weeks due to incorrect HS code classification, with a daily loss of over 10,000 yuan. The value of professional entrusting agencies lies in:
- Risk Avoidance: Familiar with the latest trade agreements and rules of origin
- Cost Optimization: Save tariffs by up to 30% through reasonable declaration
- Efficiency Improvement: Shorten the average customs clearance time to 1/3 of the traditional mode
As the core city of the old industrial base in Northeast China, the entrusting services in Shenyang show distinct regional characteristics:
- Specialization in Equipment Manufacturing: Catering to the special customs declaration needs of products such as machine tools and motors
- Advantages of the Russia-Mongolia Channel: Relying on the logistics network of the node city of the China-Europe Railway Express
- Bilingual Service Standard: 90% of the agencies are equipped with the ability to process Russian/English documents
Facing hundreds of service agencies in the market, it is recommended to focus on the following:
- Whether it has Customs AEO Certification
- The proportion of sensitive goods in historical operation cases
- The response time of the emergency response team
- The route coverage density of cooperative shipping companies
- The ability to provide derivative services such as trade financing
With the popularization of the "single window" electronic port, the customs declaration progress can now be tracked in real-time through a mobile APP. A Shenyang fastener enterprise reduced the time for repetitive document processing by 82% through the intelligent declaration system of Zhongshitong. But note that:
- Paper documents still need to be archived for 5 years for electronic declaration
- Cross-border payments need to be filed with the State Administration of Foreign Exchange
- For data security, a system above Level 3 Information Security Protection should be selected
When 90% of global purchasers look for suppliers through cross-border platforms, professional entrusting services are the "first business card" for enterprises to go international. Why not start today:
- Sort out the product export potential assessment for the past three years
- Make appointments with three agencies for service plan comparison
- Participate in the free policy briefings held monthly by Shenyang Customs
- Further Reading
- Beijing Import and Export Company Agent
- Import and Export Service Qualifications? Things You Must Know!
- Surprising! How important is the import and export agency business of Beijing clothing?
- Secrets of Lougang Import and Export Handling You Don't Know
- Is it really that easy to handle the Import and Export Business License? 90% of bosses have wasted their money!
- Is a professional import and export agency company in Hubei reliable?
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.
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