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Sourcing Q&A
I'm a salesperson at a foreign trade company in Fuzhou. Recently, in order to retain our old clients, I accepted an order with an export price that's even lower than the price we pay to our factory. I'm really nervous and want to timidly ask: Is this situation normal? Will the customs check it? Could we be accused of tax fraud?
We are a company just starting import business and want to find a purchasing agency institution to cooperate with, but found that freight forwarding companies, import and export trading companies, and customs brokers in the market are all providing similar services, sounding similar. I want to ask what types of institutions are there? What are their respective pros and cons? Most afraid of choosing the wrong one affecting clearance efficiency and purchasing cost.
We plan to source solar power banks from Shenzhen for Germany. First time with this product. Q1: Special customs/certification requirements? Q2: Is Air or Sea more cost-effective? Q3: Which terms are essential when negotiating with suppliers?
Our factory has just developed a series of LED silicone strips and one-piece molded strips, and we want to export them to the European and American markets. This is our first attempt at foreign trade. Could you please advise on the following questions: 1) How to determine the customs code? Do silicone materials require special certifications? 2) Which is more cost-effective: sea freight or air freight? 3) How can we negotiate payment terms with foreign clients that are both safe and conducive to securing orders?
Many small and medium-sized export enterprises often fall into risks such as fund interception and compliance penalties,and even suffer impacts on export tax refunds due to ambiguous payment receiving entities when entrusting export agents. It is necessary to clarify the receiving entity in accordance with compliance requirements,give priority to selecting agency companies with foreign exchange receipt and payment qualifications to collect payments,and lock the fund transfer path and time limit through written contracts,which can effectively avoid capital risks and ensure the compliance and capital security of the entire export chain.。
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