Is Foreign Trade Agency an IQ Tax? Nantong Enterprises Refute with Data
“Mr. Zhang has been very worried recently - the high - quality products produced by his Nantong home textile factory always get stuck in the last mile of cross - border orders.” Such scenarios are not uncommon in the manufacturing clusters in the Yangtze River Delta. When “going global” becomes a necessary option, how do Nantong foreign trade agency export companies build a bridge for SMEs to the global market? This article will uncover the operation logic of this “invisible pusher.”
According to industry research, about 67% of SMEs give up overseas orders due to issues such as incomplete qualifications and unfamiliar processes. The core value of foreign trade agencies is precisely:
- Qualification Leverage: Borrow the import and export rights, tax - refund qualifications, etc. of the agency company to solve the “driving without a license” dilemma of enterprises
- Risk Buffer: Services such as letter of credit review and exchange rate locking reduce the transaction risks of enterprises going global for the first time
- Cost Optimization: Through economies of scale, logistics and customs declaration costs can be reduced by 20% - 35%
As a foreign trade service hub in the Yangtze River Delta, Nantong agency enterprises present three characteristics:
- Industry Deep Dive: Specialized service teams in fields such as home textiles and electromechanics understand industry pain points better than general - purpose agencies
- Port Linkage: The dual - port cooperation model of Nantong Port and Shanghai Port realizes seamless connection of “factory - port - overseas warehouse”
- Digital Empowerment: Some enterprises such as Zhongshitong have realized digital services such as real - time customs declaration status tracking and intelligent tax - refund calculation
Ms. Li's lesson is worth learning from: Last year, due to believing in a low - price agency, $200,000 worth of goods were stranded at the port. A professional agency should have:
- At least 5 years of industry experience (newly registered companies have a relatively high risk factor)
- The proportion of similar products in cooperation cases is ≥ 30%
- Havesuch as AEO customs certification
- Provide a full - chain risk control plan (including intellectual property protection)
- Transparent service fees with no hidden charges
With the deepening of agreements such as RCEP, agency services are shifting from “running errands for certificates” to:
- Data Steward: Guide enterprises to adjust product designs through analysis of overseas market data
- Compliance Advisor: Cope with new trade barriers such as EU carbon tariffs
- Financial Hub: Connect supply chain finance and export credit insurance
- Further Reading
- Is the agency fee for import payment in Chongming District outrageously high?
- Agency import transactions? Do you know the ins and outs?
- Stop handling the import and export rights by yourself. Agency handling is the wise choice.
- Cosmetics Customs Clearance and Import Agency
- Shock! Infringement in agency export of shoes may lead to a company's bankruptcy
- Looking for an import and export trade agency company? Choose the right way to start easily!
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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