Is Export Agency a Scam? Unveiling the Industry Secrets
Mr. Zhang sighed as he stared at the handicrafts piled up in the warehouse - these delicate tea sets that incorporated traditional craftsmanship should have been on display in the boutiques of Paris or the department stores of Tokyo. However, the complicated export qualifications, customs declaration processes, and logistics systems have deterred his small team. This is not an isolated case. Data shows that 68% of small and medium-sized enterprises abandon potential export orders due to process obstacles. This article will uncover the operational logic of export agency services and analyze how it becomes a crucial springboard for enterprises to go global.
When Ms. Li's clothing factory received its first order from Australia, she originally thought that the transaction could be completed by simply "shipping and receiving payment" until she was required to provide:
- CE Certification and Textile Composition Testing Report
- Proof Documents Conforming to the Rules of Origin of AUSFTA
- The Matching Process of Marine Insurance and Letter of Credit Submission
The value of professional agency institutions lies in liberating enterprises from the quagmire of compliance. Take a ceramic enterprise served by Zhongshitong as an example. Through the agency service, the export customs clearance time was compressed from 11 days to 3 days, and the tax refund cycle was shortened by 40%.
1. Qualification Preparation
Including product testing and certification, filing for the right to engage in export operations, foreign exchange revenue and expenditure registration, etc. A mother and baby brand quickly obtained FDA certification through agency, saving 2 months compared to handling it by itself.
2. Process Control
Full-link tracking from booking shipping space and arranging trailers to customs clearance at the destination port. Pay special attention to HS Code Classification. A mechanical parts enterprise once faced a 20% tariff difference due to incorrect classification.
3. Tax Optimization
Agency institutions can accurately calculate tax refund combinations, such as the mixed declaration strategy of "Cross-border E-commerce B2B Direct Export" and "General Trade". A case shows that it can increase the net profit margin by 3 - 8%.
- Industry Experience: Those dealing with food need to be familiar with FDA/EC standards, while those in the electronics industry should master RoHS testing.
- Global Network: Whether it covers customs clearance agents in the target country.
- System Docking: Whether it can achieve data connectivity with the enterprise's ERP.
- Risk Control Ability: Value-added services such as exchange rate locking and letter of credit document examination.
- Transparency of Charges: Beware of the trap of "attracting customers with low prices and then increasing prices later".
Blockchain technology is changing the traditional agency model. Through smart contracts, processes such as customs declaration form correction and tax refund application are automatically triggered. A pilot project shows that human intervention has been reduced by 72%. However, it should be noted that: Digitalization Does Not Mean Omnipotence. Special goods (such as dangerous goods) still require professional judgment.
Standing at the crossroads where globalization and trade protectionism coexist, professional agency services have changed from being an "option" to a "must-have". Has your enterprise found a suitable partner for going global? Welcome to share your practical difficulties in cross-border trade in the comment section. We will select typical questions and have them answered by the expert team of Zhongshitong.
- Further Reading
- Do enterprises really understand import and export taxation?
- Taizhou Agency Export Company, actually has so many advantages?
- The export tax rebate is a complex field! These 5 pitfalls are eroding your profits
- Shocking! Do You Know the Secrets Behind the Agency Price of Legally Imported Facial Cleansers?
- Shock! The sea freight agent for exports to Singapore is actually so important!
- Is the agency of imported milk detector a tax on IQ?
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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