• Welcome to China Foreign Trade Agency!

Six Fatal Mistakes in Handling Import and Export Rights

NO.20260702*****

Problem Analysis: *****, Solution: *****, Process and Cost: *****

Get the solution
A detailed analysis of the complete process for enterprises to handle import and export rights, including six key steps such as business license item addition, foreign trade filing, customs registration, etc. It reveals common handling mistakes, helps enterprises save 30% of foreign trade costs, and enables them to master the qualifications for self - declaration and export tax rebate. It is suitable for business owners planning to carry out international trade to read.

"Mr. Zhang recently received an overseas order but was forced to give it up due to the lack of import and export rights!" Such stories are happening every day. Import and export rights are the pass for enterprises to carry out international trade, but the handling process makes many people flinch. This article will break down this "" in the most straightforward language.

Why Do Enterprises Need Import and Export Rights?

Having import and export rights means that enterprises can directly participate in international transactions without going through third - party agents. The most direct benefit is a 20% - 30% cost reduction. Take Ms. Li's clothing factory as an example. After obtaining import and export rights, each order can save 15,000 yuan in agency fees.

  • Self - declaration: Master the initiative in logistics timeliness
  • Tax Rebate Qualification: Enjoy a 13% export tax rebate from the state
  • Credit Endorsement: Enhance the trust of overseas customers

The Six - step Handling Process

Understand Import and Export Rights in 3 Minutes

Step 1: Business License Item Addition
Go to the Industrial and Commercial Bureau to add the business scope of "goods import and export" or "technology import and export". The following need to be prepared:

  • Amendment to the company's articles of association
  • Shareholders' meeting resolution
  • The latest business license copy
Step 2: Foreign Trade Filing
Submit an application on the website of the Ministry of Commerce, and the Record - keeping Form of Foreign Trade Operators can be obtained within 3 working days. Zhongshitong experts remind that the English company name should be consistent with the official seal.

Step 3: Customs Registration
Register through the "single - window" platform to obtain a 10 - digit customs code. Common sticking points:

  • The office space should be consistent with that on the business license
  • The legal representative needs to handle the electronic port card in person

Subsequent Steps That Are Easily Overlooked

State Administration of Foreign Exchange Filing is often overlooked by novices. Without a foreign exchange account, overseas payments cannot be credited. It is recommended to open at the same time:

  • US dollar account
  • Euro account
  • Cross - border RMB account
Electronic Port Access is the key to actual operation. The equipment includes:
  • Legal representative card
  • Operator card
  • Card reader

Pit - Avoidance Guide

One enterprise had its goods detained at the port for 15 days due to the unfiled special seal for customs declaration. Pay attention to these details:

  • The diameter of the seal must be 4.2cm
  • It should include a 13 - digit customs registration code
  • The seal impression needs to be submitted to the customs for filing in advance

Take Action Now

Completing the whole process usually takes 15 - 20 working days. It is recommended that enterprises prepare international qualifications such as ISO certification simultaneously to pave the way for subsequent development. Have you encountered any difficulties in handling import and export rights? Welcome to share your experience in the comment section.

0
If you like it? Please support it. Tks!
Further Reading
Do you really understand the import and export rights of [Company Name] near here?
Did you know there are so many hidden pitfalls in import customs clearance? 90% of people make mistakes at the very first step
Five Fatal Mistakes in Customs Declaration, and 90% of People Fall into the Third One
Did you miss out on 400,000 yuan in export tax rebates? You may have made these 3 fatal mistakes
Five Fatal Mistakes in Imported Equipment Customs Clearance
Handling the import and export rights qualification, the costs actually vary so much!

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
Quick Consultation :

Latest Comments (0) 0

Leave A Comment