Are Fujian enterprises severely deceived in tax refunds? This anti-fraud guide can come to the rescue!

"Mr. Zhang just received a $200,000 overseas order last month, but the finance department told him that the enterprise might lose nearly 100,000 yuan in profits due to errors in the tax refund process..." Such stories are not uncommon in the foreign trade circle in Fujian. As an important source of profit for enterprises, choosing the wrong agency service provider may greatly reduce the foreign exchange earned through hard work. Today, let's deeply analyze how Fujian enterprises can choose a reliable export tax refund agent.

According to the data of Xiamen Customs in 2023, about 37% of foreign trade enterprises in Fujian Province have experienced delays or losses in tax refund funds due to non-standard tax refund declarations. Export tax rebates involve the coordination of multiple departments such as customs, taxation, and foreign exchange. Professional agencies can help enterprises avoid three major risks:

• Declaration errors caused by misunderstandings of policies
• Review risks triggered by chaotic document management
• The time cost of funds caused by exchange rate fluctuations

Taking leading service agencies such as Zhongshitong as an example, a truly valuable agent should possess:

• Full-process visual system: Traceable from document upload to tax arrival
• Localized service team: Familiar with the differences in tax practices in various cities of Fujian
• Three-level risk control verification mechanism: Basic review + expert review + system verification
• Emergency response capability: Quick response plan in case of sudden policy adjustments
• Data security guarantee: An information management system certified by ISO27001

Ms. Li from Quanzhou once chose an agent whose quotation was 40% lower than the market price. As a result, the enterprise was put on the inspection list because the other party failed to report input tax. Special reminder:

• Claims of "100% pass rate" are mostly false promises
• Charging according to the tax refund ratio may hide secondary charges
• "Shell companies" without a physical office address carry a very high risk

Enterprises are advised to adopt the "observation, listening, inquiry, and palpation" screening method:

• Observation: Conduct on-site inspections of the office and system demonstrations
• Listening: Understand the actual service reputation through the peer circle
• Inquiry: Request to provide more than 3 service cases in the same industry
• Palpation: Test the declaration response speed with test documents

With the accelerated construction of the "Smart Customs" in Fujian, digital declarations for export tax rebates will be fully implemented from 2024. Instead of continuing to lose profits in the old process, it's better to start looking for professional partners who can accompany the growth of the enterprise now. When was the last time you evaluated an agency service provider? Welcome to share your selection experience in the comment section.