How deep is the water in import agency?

Have you ever been deterred by the complex process of importing goods? Mr. Zhang recently encountered such a problem: He had his eye on a batch of high-quality overseas goods, but was overwhelmed by procedures such as customs declaration, taxation, and logistics. In fact, as long as you master the professional import agency procedures, these problems can be easily solved. This article will unveil the mystery of import agency and lead you to systematically understand the entire operation process.

Import agency services are like a professional "international trade guide" that can help enterprises avoid the following risks:

• Cargo detention due to unfamiliarity with customs policies
• Financial losses caused by incorrect tax calculations
• Legal disputes arising from incomplete documents

Ms. Li's case of importing cosmetics is very typical: Through professional agency, she not only saved 15% of the tariff cost but also shortened the customs clearance time by 3 working days.

Standardized import agency procedures consist of five key stages:

• Pre-filing: Complete the registration of the consignor and consignee and obtain the customs code
• Document preparation: Including contracts, invoices, packing lists, certificates of origin, etc.
• Customs declaration: Submit electronic data through the single-window system
• Inspection and release: Cooperate with the customs to complete quarantine and inspection
• Subsequent management: Ledger registration, foreign exchange verification, etc.

In actual operations, 90% of enterprises will encounter these problems:

• Incorrect HS code classification: It is recommended to use the Zhongshitong intelligent classification system to assist in judgment
• Disputes over dutiable value: Complete documents proving the price composition need to be prepared in advance
• Non-compliance of wooden packaging: Suppliers must be required to provide a fumigation certificate

Special reminder: After the implementation of the new version of the Customs Inspection Regulations in 2023, enterprises need to keep transaction vouchers for at least 3 years.

With the advancement of the construction of smart customs, import agency procedures are undergoing a revolutionary change:

• Blockchain technology enables real-time sharing of documents
• The AI pre-review system increases the customs declaration pass rate by 40%
• Big data analysis assists in optimizing the supply chain route

After reading this article, do you have a new understanding of import agency? Whether you are a novice entering the foreign trade field or a senior practitioner hoping to optimize the process, professional agency services can create value for you. Welcome to share your import experience in the comment section or consult about specific operation details. Click to follow to get more guides on international trade practices!