Does Not Applying for Import and Export Rights Mean Actively Abandoning the Overseas Market?
"Mr. Zhang's small furniture factory lost 600,000 yuan last year due to an overseas order, and the reason was actually the lack of import and export rights!" Such stories happen every day. When the threshold for global trade is gradually decreasing, import and export rights are no longer exclusive to large enterprises, but a necessary weapon for small and medium - sized enterprises to participate in international competition.
Applying for import and export rights requires approval from 7 departments including the customs, the foreign exchange administration, and the electronic port, and as many as 23 items of materials need to be submitted. Ms. Li's cross - border e - commerce team once tried to handle it independently. As a result, due to unfamiliarity with the customs declaration unit filing process, they wasted 45 days of prime time.
- Material preparation: A complete list from the company's articles of association to the bank account opening certificate
- Process optimization: Professional agencies can compress the 45 - day cycle to 7 working days
- Hidden costs: Calculation of transportation and time losses from going back and forth to various departments
The case of Zhongshitong shows that professional agencies can provide a full - chain service for import and export qualifications:
- Risk avoidance: The latest customs code classification service to avoid declaration errors
- Follow - up maintenance: Including annual inspection of foreign exchange accounts, renewal of licenses, etc.
- Value - added services: Supporting logistics connection, tax refund declaration guidance
Mr. Wang's lesson is worth alerting: A certain institution promised "certificate issuance in three days" and charged double fees, but ultimately led the enterprise to be blacklisted by the customs.
- Check the authenticity of successful cases (request for desensitized contracts)
- Confirm whether the service scope includes the application for the electronic port IC card
- Compare the cost - effectiveness of different packages (basic version / full - custody version)
With the national promotion of the "single window", now through professional institutions such as Zhongshitong, materials can be submitted online, and some processes have achieved paperless processing. However, it should be noted that the on - site verification link of the foreign exchange administration is still irreplaceable.
Did your enterprise handle the import and export rights independently or entrust an agency? Welcome to share your experience or confusion in the comment area. Click the link below to get the complete 2024 Import and Export Rights Application Pit - Avoidance Guide we have compiled, helping your enterprise set sail smoothly!
- Further Reading
- Zhuhai Exported Pulse Oximeter Agency, Is There Such a Big Market?
- 3 Pitfalls That Harbin Enterprises Must Avoid When Expanding Overseas
- Imported cosmetics agents are sweeping the Ningxia market
- Is there a share of the hundreds of billions of dollars in the crane export market for you?
- Six Fatal Misconceptions in Handling Import and Export Rights
- The price of rubber shock absorbers varies by 3 times! Who is manipulating the market?
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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