A company states it is involved in re-export trade business, asking whether stamp duty is required and its payment standard. The best answer indicates that re-export trade usually requires stamp duty, as it involves documents such as goods purchase and sale contracts. Generally, it falls under the ’purchase and sale contracts’ tax item, with a tax rate of 0.03% (three ten-thousandths). The tax is calculated based on the amount stated in the contract. If the price and VAT are not separately listed, then the tax is calculated on the amount including VAT. Policies vary across different regions, so it is advised to communicate with local tax authorities for confirmation.
How Exactly Should Agency Export Stamp Duty Be Paid? Come and Share Your Advice!
Resolved
Our company has recently undertaken several agency export businesses and, having no prior experience in this area, is not very clear on how to pay the agency export stamp duty. I'd like to ask everyone: what is the tax basis for agency export stamp duty? Is it calculated based on the agency contract amount or the amount of the exported goods? What is the tax rate? And what are the specific payment methods? I hope knowledgeable friends can provide a detailed explanation. Thank you.
Trade Expert Insights Answers
Michael ZhangYears of service：10Customer Rating：5.0
Customs Clearance SpecialistStart a Chat
For the payment of agency export stamp duty, the tax basis is usually the amount stated on the agency export contract. Regarding the tax rate, according to the Stamp Duty Law of the People's Republic of China, the tax rate for purchase and sales contracts is 0.03% (three ten-thousandths). Assuming the agency export contract amount is RMB 1 million, then the stamp duty payable = RMB 1 million × 0.03% = RMB 300.
Regarding payment methods, common options include self-affixing stamps and periodic consolidated payment. Self-affixing stamps means taxpayers purchase stamp duty stamps according to the payable tax amount at the time of contract signing, affix them to the taxable document, and cancel or mark them across the perforations of each stamp. If an enterprise frequently needs to affix stamps for the same type of taxable document, it may apply to the local tax authorities for periodic consolidated payment of stamp duty. The deadline for consolidated payment is one month. After payment, payment vouchers should be properly kept for tax authority inspection.
Olivia LiuYears of service：6Customer Rating：5.0
Foreign Exchange Risk ManagerStart a Chat
Generally, stamp duty is payable once an agency export contract is signed. The payable tax amount is calculated by multiplying the contract amount by a tax rate of 0.03%. If the contract amount is uncertain, the underpaid portion should be supplemented once the amount is determined.
Emma ZhaoYears of service：3Customer Rating：5.0
Export Documentation SpecialistStart a Chat
You can also go to the tax service hall to declare and pay stamp duty. Bring materials such as the agency export contract, fill out the declaration form, and tax personnel will assist you with the process.
Linda GuoYears of service：3Customer Rating：5.0
Trade Dispute MediatorStart a Chat
Agency export stamp duty can also be paid via the e-tax service. Log in, find the stamp duty declaration module, enter information such as the contract amount as prompted, the system will calculate the tax amount, and after confirmation, you can proceed with payment.
Thomas LiYears of service：7Customer Rating：5.0
Import Licensing AdvisorStart a Chat
If agency export business involves phased execution of contracts, stamp duty must be paid according to the actual executed amount for each phase. Don't miss any payments.
Daniel KimYears of service：4Customer Rating：5.0
Commodity Inspection and Quarantine ConsultantStart a Chat
If the agency export contract separately specifies the agency fee and the goods amount, stamp duty is generally paid based on the goods amount. If not separated, it is based on the total contract amount.
Kevin HuangYears of service：3Customer Rating：5.0
E-Commerce Export AdvisorStart a Chat
Don't forget that stamp duty is an act tax. As long as an agency export contract within the taxable scope is signed, it must be paid, regardless of whether the business is ultimately completed or not.
David ChenYears of service：10Customer Rating：5.0
Trade Compliance AdvisorStart a Chat
Small and micro-profit enterprises have preferential policies for paying agency export stamp duty, which is levied at half the rate. The system will automatically identify the preferential treatment during declaration.
Anthony LuoYears of service：10Customer Rating：5.0
Trade Compliance ExpertStart a Chat
If an agency export contract is amended to increase the amount, stamp duty must be additionally paid for the increased portion. If the amount is reduced, the stamp duty already paid will not be refunded.