The company plans to find an agency for export, and inquires whether a single bill of lading can be used for export agency, as well as the differences and impacts of single and double bills of lading in operation process, tax refund, etc. The best answer states that export agency can use a single bill of lading, which has a simple operation process, with the agency handling tax refunds, and the refunded amount is transferred to the principal through the agency; double bills of lading mean the principal handles tax refunds themselves. Both have their own characteristics and need to be chosen based on the company's specific situation.
Who Claims the Tax Refund for Agency Export? Find Out Now!
Resolved
Our company plans to conduct export business through an agency company, and we are currently unclear about the tax refund process. We would like to know who exactly claims the tax refund for agency export – is it us, the entrusting party, or the agent? Is the tax refund process complicated? What documents are required? We hope for a detailed explanation so we can be confident when conducting business.
Trade Expert Insights Answers
Linda GuoYears of service：3Customer Rating：5.0
Trade Dispute MediatorStart a Chat
In agency export business, generally the entrusting party handles the tax refund. This is because the entrusting party is the actual exporter of the goods, possessing ownership of the export goods and bearing the corresponding risks and benefits.
The entrusting party's tax refund process is generally as follows: First, obtain legal and valid purchase vouchers, such as VAT special invoices. Second, after the goods are declared for export and processed as sales in accounting, collect relevant documents, including export goods customs declaration forms and agency export goods certificates. Then, apply for a tax refund to the competent tax authority within the specified declaration period.
The main documents required include: agency export agreement, export goods customs declaration form, agency export goods certificate, VAT special invoices, etc. The agent is primarily responsible for promptly issuing an agency export goods certificate to the entrusting party after the goods are exported, thereby assisting the entrusting party in completing the tax refund process.
Richard WuYears of service：8Customer Rating：5.0
Global Trade Operations ExpertStart a Chat
Typically, the entrusting party claims the tax refund. The agent primarily helps handle some export process matters, but the entrusting party remains the subject of the tax refund, as the ownership of the goods rests with them.
David ChenYears of service：10Customer Rating：5.0
Trade Compliance AdvisorStart a Chat
In most cases, the entrusting party claims the tax refund. The agent assists in providing relevant customs declaration documents, allowing the entrusting party to use these documents to process the tax refund, following tax authority requirements.
Robert TanYears of service：5Customer Rating：5.0
International Market Development AdvisorStart a Chat
Generally, the entrusting party claims the tax refund. As long as they prepare documents such as invoices and customs declarations according to regulations, they can apply for a tax refund from the tax authority. The agent is not responsible for tax refunds, only for providing assistance.
Olivia LiuYears of service：6Customer Rating：5.0
Foreign Exchange Risk ManagerStart a Chat
The entrusting party claims the tax refund. After agency export, the agent provides a certificate, and the entrusting party applies for a tax refund to the tax authority using this certificate and other required documents.
Michael ZhangYears of service：10Customer Rating：5.0
Customs Clearance SpecialistStart a Chat
It is the entrusting party that claims the tax refund. The entrusting party prepares all necessary tax refund documents, such as customs declarations and invoices, and applies for a tax refund to the tax authority according to the procedure.
Sophia WangYears of service：6Customer Rating：5.0
International Logistics CoordinatorStart a Chat
The subject of agency export tax refunds is usually the entrusting party. The agent cooperates by providing necessary documents, and the entrusting party independently completes the tax refund application.
Kevin HuangYears of service：3Customer Rating：5.0
E-Commerce Export AdvisorStart a Chat
The entrusting party claims the tax refund. Simply prepare export-related documents and invoices and apply according to the tax authority's prescribed procedure.
Thomas LiYears of service：7Customer Rating：5.0
Import Licensing AdvisorStart a Chat
In most cases, the entrusting party claims the tax refund. The agent provides supporting documents such as certificates, and the entrusting party completes the tax refund operation.
Emma ZhaoYears of service：3Customer Rating：5.0
Export Documentation SpecialistStart a Chat
The entrusting party handles the tax refund, collecting necessary documents and applying according to tax procedures, while the agent assists in providing materials.