A company plans to find an agent for importing goods and is confused about whose trade volume should be counted for the agency import, as it affects both parties' business expansion and policy enjoyment. The best answer states that the attribution of trade volume depends on the contract signing method and business model. If the contract is signed in the name of the principal and the cash flow and ownership belong to the principal, the trade volume is usually attributed to the principal; if the contract is signed in the name of the agent, it may be attributed to the agent company, or it can be clarified in the cooperation agreement.
What procedures are required for agency import? Tell me quickly
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Our company plans to find an agent to import a batch of goods. We haven't dealt with agency import before and are not sure about the specific procedures. I'd like to ask everyone, what procedures are generally required for agency import? Will the process be very complicated? I hope to get a more detailed answer, thank you.
Trade Expert Insights Answers
Kevin HuangYears of service：3Customer Rating：5.0
E-Commerce Export AdvisorStart a Chat
Agency import generally requires the following procedures: First, sign an agency import contract to clarify the rights and obligations of both parties, including cargo information, price, agency fees, etc.
Next, the importer needs to provide relevant qualification documents, such as a copy of the business license, tax registration certificate, etc. If specific goods are imported, specific qualifications may also be required, such as a food business permit for food imports.
After that, the agent needs to handle the customs declaration procedures for imported goods, prepare customs declaration documents such as commercial invoices, packing lists, and bills of lading, declare cargo information to the customs, and pay taxes such as customs duties and value-added tax.
In addition, if commodity inspection and quarantine are involved, relevant institutions should be contacted in advance, and materials should be prepared and inspection cooperated as required. The entire process is relatively cumbersome, and it is recommended to find a professional agency company, such as Zhongmaoda, to improve efficiency and avoid errors.
Anthony LuoYears of service：10Customer Rating：5.0
Trade Compliance ExpertStart a Chat
Don't forget to prepare an import license. If the imported goods belong to a restricted import category, you need to apply for one, otherwise, they cannot be imported normally. A series of materials, such as an application form, must be submitted as required during the application.
Sophia WangYears of service：6Customer Rating：5.0
International Logistics CoordinatorStart a Chat
There are also foreign exchange procedures. You need to handle foreign exchange payments and settlements in accordance with national foreign exchange management regulations. Generally, the agency company will assist in handling these, but the importer also needs to provide necessary documents, such as contracts and invoices.
Richard WuYears of service：8Customer Rating：5.0
Global Trade Operations ExpertStart a Chat
After the goods arrive at the port, the procedures for picking up the goods cannot be overlooked. You need to present the bill of lading and other documents to pick up the goods. During the pick-up process, pay attention to checking the quantity, packaging, etc. of the goods. If there are any problems, communicate with the agent and relevant parties promptly.
Emma ZhaoYears of service：3Customer Rating：5.0
Export Documentation SpecialistStart a Chat
For some special goods, such as used mechanical and electrical products, in addition to regular procedures, import filing for used mechanical and electrical products and pre-shipment inspection are also required to ensure compliance with relevant requirements.
Linda GuoYears of service：3Customer Rating：5.0
Trade Dispute MediatorStart a Chat
For goods involving wooden packaging, a fumigation certificate must be provided to prove that the wooden packaging has been fumigated to prevent the introduction of harmful organisms into the country.
Olivia LiuYears of service：6Customer Rating：5.0
Foreign Exchange Risk ManagerStart a Chat
If importing cosmetics, a cosmetics import filing is required. Product formulas, production processes, and other information must be provided. After review and filing by the relevant departments, they can be imported.
Michael ZhangYears of service：10Customer Rating：5.0
Customs Clearance SpecialistStart a Chat
An origin certificate needs to be prepared, which is important for determining the applicable tariff rate for goods. Some can also enjoy preferential tariff policies, so importers should communicate well with foreign suppliers in advance.
Daniel KimYears of service：4Customer Rating：5.0
Commodity Inspection and Quarantine ConsultantStart a Chat
If importing products related to endangered species, an import permit for endangered species must be obtained. Apply by submitting materials according to regulations, and then they can be legally imported.
David ChenYears of service：10Customer Rating：5.0
Trade Compliance AdvisorStart a Chat
Some imported goods may require a quality inspection report to prove that the quality of the goods meets domestic standards. This depends on the type of goods and relevant regulations.