Is making money in foreign trade too slow? You might be missing an invisible helper
Mr. Zhang has been very worried recently - His ceramic handicrafts were very popular at an overseas exhibition, but processes like logistics, customs declaration, and tax refund have left him in a difficult situation. It was not until a friend recommended an exporting for foreign exchange earnings agency company. Three months later, his turnover doubled. Such stories are not uncommon in the foreign trade circle. Today, let's uncover the mystery of this "foreign trade accelerator".
Put simply, such companies are like "all - around butlers" in the foreign trade field. From customs declaration and inspection, foreign exchange settlement to tax refund financing, they use professional services to help enterprises navigate around the "reefs" in cross - border trade. Especially for small and medium - sized enterprises, the cost of building an in - house foreign trade team is high, so agency services become the most cost - effective choice.
- Core value 1: Simplifying complexity - Handling professional matters such as document processing and compliance review
- Core value 2: Capital leverage - Advancing tax refund funds in advance to relieve cash - flow pressure
- Core value 3: Risk barrier - Avoiding risks such as exchange rate fluctuations and letter - of - credit fraud
Take Zhongshitong, a representative in the industry, as an example. Its unique "three - step escort system" is quite valuable for reference: providing pre - project compliance assessment of the target market, implementing an intelligent customs declaration system in the middle stage, and being able to connect with overseas warehouse resources in the later stage. Ms. Li's garment factory, through their "fast - track tax refund" service, shortened the capital turnover cycle by 60%.
However, this industry is a mixed bag, and enterprises need to be vigilant:
- Exaggerated publicity of "100% tax refund" commitments
- Invisible tricks with opaque charging items
- "Black agents" without filing with the State Administration of Foreign Exchange
With the application of blockchain technology, it is now possible to track the customs declaration progress and the arrival of foreign exchange in real - time through the platform of the agency company. A cross - border e - commerce seller even achieved seamless integration of agency services and the ERP system through a data interface, directly cutting labor costs in half.
"In the next five years, exporters who don't use agency services will be like those who still insist on doing business with a fax machine today." A veteran in the foreign trade industry with 15 years of experience predicted this. Is your enterprise ready to board this "foreign trade high - speed train"? Welcome to share your pain points in cross - border trade in the comment section. Perhaps agency services are the missing piece of the puzzle for you.
- Further Reading
- Stop Being an Unwitting Victim in Foreign Trade! A Hassle-free Strategy for Lishui's Export Agency
- Stop guessing blindly! A Great Revelation of the Import Agency Fee Tax Rate in Shanghai Foreign Trade
- Must Jiangxi Enterprises Find an Agent for Foreign Trade?
- Export Freight Forwarding Agency Power of Attorney: You Might Be Ruining Your Own Goods with Your Own Hands!
- A Must - Read for Foreign Traders! The Right to Free Import and Export Can Save 20% of Costs
- Why Are Import and Export Agency Companies Crucial for Jiangxi Enterprises' Foreign Trade?
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.
Friendly Reminder
Latest Comments (0) 0
Leave A Comment