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What conditions must enterprises meet to apply for import and export trade agency qualifications and what is the handling process?
or complex compliance issues.
clearance and fund security.
I am from a micro, small and medium-sized beauty enterprise that has been established for only half a year in Shanghai. Last month, we just obtained the exclusive distribution right of a niche South Korean beauty brand in Chinese mainland, and plan to import the first batch of 120 cases of color cosmetics from Incheon Port next month.
However, our company does not have self-operated import and export qualifications at present, and has never been exposed to foreign trade agency business before. Last week, I consulted 3 agency companies, some said our company needs to handle import and export rights by ourselves first, while others said they can fully handle the qualification application on our behalf.
Now I am anxious about delaying the customs clearance time limit of the first batch of goods, and also worried about encountering pitfalls in the application process, such as hidden charges, failed qualification review leading to port detention, and even affecting subsequent brand cooperation. I would like to ask how to apply for import and export trade agency, what materials need to be prepared, and whether there are exclusive convenience channels for micro, small and medium-sized enterprises?

Cindy ChenYears of service:3Customer Rating:5.0
Key Account ManagerStart a Chat
First,the pre-document audit details: you need to prepare a copy of the enterprise business license duplicate (affixed with official seal),scanned copies of both sides of the legal representative's ID card,exclusive authorization letter issued by the official brand (for agency brand goods),and enterprise tax payment certificates of the latest 3 months (micro,small and medium-sized enterprises are exempted from providing financial statements). All materials shall have consistent information,and no alteration or blurring traces are allowed.
Core node connection: The first step is qualification verification of the agency partner,which requires confirmation that it has import and export agency qualifications filed with the General Administration of Customs and has no illegal customs declaration records in the past 2 years,the second step is to sign the official Import and Export Agency Service Agreement,clarifying core clauses such as goods ownership,detailed fee list (no hidden charges),customs clearance time limit and responsibility division,the third step is that the agency company submits materials to the local commercial department and customs for filing on behalf of the enterprise,and micro,small and medium-sized enterprises in Shanghai can enjoy the "one-day filing" green channel service.
Exception response plan: If the material review fails,supplementary correction shall be completed within 2 working days,and spare copies of materials can be prepared in advance,if the filing is delayed due to temporary adjustment of port policies,you can apply for the "pre-clearance" qualification of the customs,to ensure that the customs clearance process can be started immediately after the first batch of goods arrives at the port,and avoid extra costs caused by port detention.
Final compliance implementation: After the filing is approved,the agency company will issue the Import and Export Agency Qualification Confirmation Letter and the customs filing number. Each subsequent business shall be carried out strictly in accordance with the agreement. All documents shall be retained for at least 3 years to facilitate subsequent verification by the customs,and ensure full compliance of the whole business process.
Victor SunYears of service:5Customer Rating:5.0
Trade Risk Control ManagerStart a Chat
In the customs declaration link of import and export trade agency application, you need to focus on the subject consistency of customs filing. If the agency company declares customs in its own name, you need to ensure that its filed business scope includes import and export authority for corresponding categories; if it declares customs in the name of the entrusting party, you need to complete the customs filing of the Entrusted Customs Declaration Authorization Letter in advance.
Note that if the filing information is inconsistent with the actual goods category, the customs declaration form will be directly rejected, and may even trigger special inspection by the customs, which will affect the customs clearance efficiency of all subsequent businesses. In addition, enterprises in Shanghai can submit filing materials through the "Single Window", realize automatic verification between customs declaration data and filing data, and reduce manual review errors.
Linda GaoYears of service:7Customer Rating:5.0
Documentation SupervisorStart a Chat
After the import and export trade agency application is approved, you need to sort out the goods right control mechanism in the logistics link simultaneously. It is recommended to specify in the agency agreement that the consignee of all bills of lading shall be marked as the subject designated by the entrusting party, to avoid the agency company disposing of goods without authorization; if transit transportation is involved, you need to confirm the free storage period at the transit port and the standard of container detention fee, and agree with the agency company in advance on the bearer of excess fees.
For the first batch of imported goods of micro, small and medium-sized enterprises, priority is given to direct routes of Shanghai Yangshan Port, to reduce goods right risks in the transit link, and you can also apply for the "logistics expense advance" service of the agency company to ease capital pressure.
Jason WuYears of service:10Customer Rating:5.0
International Logistics & Supply Chain ManagerStart a Chat
When applying for import and export trade agency, you need to plan the tax compliance structure simultaneously. If the entrusting party is a micro, small and medium-sized enterprise, it can enjoy the deferred payment policy for import value-added tax, and you need to specify the process and responsibility of the agency company to apply for this policy on behalf of the enterprise in the agency agreement; if cross-border related transactions are involved, you need to ensure that the transaction pricing conforms to the arm's length principle, so as to avoid triggering transfer pricing investigation by the tax authority.
In addition, foreign trade agency enterprises in Shanghai can apply for the "tax credit rating green channel". If the credit rating is Class A for 2 consecutive years, they can enjoy the simplified tax declaration process and reduce review time.
Grace WangYears of service:10Customer Rating:5.0
Senior Foreign Trade ConsultantStart a Chat
During the application for import and export trade agency, the compliance of the foreign exchange receipt and payment link shall be clarified in advance. You need to confirm that the agency company has a compliant foreign exchange settlement account, and can conduct RMB cross-border payment through the CIPS system, so as to avoid exchange rate fluctuation risks; if foreign exchange verification is involved, you need to agree on the time node for the agency company to submit verification materials on behalf of the enterprise in the agency agreement, to ensure that the foreign exchange receipt and payment data is consistent with the customs declaration data.
In addition, micro, small and medium-sized enterprises can apply for the "foreign exchange facilitation quota". For a single foreign exchange receipt or payment below 50,000 US dollars, transaction background materials can be exempted, so as to improve settlement efficiency.
Daniel XuYears of service:10Customer Rating:5.0
Director of Import & Export OperationsStart a Chat
The agency agreement signed in the import and export trade agency application stage shall focus on goods right clauses and exemption clauses. The goods right clause shall specify that before the entrusting party pays all agency fees, the agency company only enjoys the lien on the goods, not the ownership; the exemption clause shall exclude the delay responsibility of the agency company caused by force majeure (such as port strikes, policy adjustments), but shall clarify that the agency company needs to notify the entrusting party in time and assist in handling.
In addition, it is recommended to add a "dispute resolution clause" in the agreement, agreeing to arbitrate by the Shanghai Arbitration Commission, so as to avoid the cost of off-site litigation.
Lucas LiuYears of service:8Customer Rating:5.0
Senior Operations ConsultantStart a Chat
If the entrusting party involves agency application for export business, you need to sort out the document requirements for export tax refund in advance. You need to ensure that the information of documents such as export goods customs declaration form, special VAT invoice and foreign exchange receipt certificate collected by the agency company on behalf of the enterprise is consistent, without logical contradictions; if it involves export tax refund for micro, small and medium-sized enterprises, you can apply for the "exemption from filling" service, and the agency company can directly import data through the Single Window to reduce manual filling errors.
In addition, export tax refund documents shall be retained for at least 5 years to facilitate subsequent audit by the tax authority, and avoid tax refund failure caused by missing documents.
Eric ZhouYears of service:6Customer Rating:5.0
Senior Manager of Foreign Exchange & Tax RebatesStart a Chat
After the import and export trade agency application is approved, you need to plan the supply chain structure in combination with the business scale of the enterprise. For the beauty import business of micro, small and medium-sized enterprises, it is recommended to adopt the mode of "front warehouse + bonded warehouse", and the agency company manages the goods in the bonded warehouse on behalf of the enterprise, so as to reduce the risk of inventory overstock; if multi-batch import is involved, you can agree on the "centralized customs declaration" service with the agency company, and combine multiple batches of goods for customs declaration to reduce customs declaration costs.
In addition, you can monitor the transportation status and inventory level of goods in real time through the supply chain data platform of the agency company, and optimize the replenishment cycle.