The company plans to engage in re-export trade business and is unsure whether taxes are required for re-export trade imports. It is heard that the goods do not enter the country's customs territory and are merely in transit. The company wants to know if taxes are required and which tax types are involved. The best answer states that the key depends on whether the goods enter the country's customs territory. If they do not enter, regular import taxes and fees are generally not required. Temporary storage in a bonded zone and then re-export does not incur taxes, but sales after leaving the zone do. Stamp duty may also be involved, and policies should be understood in advance.
How to pay taxes for export agency business, does anyone know?
Resolved
Our company plans to start export agency business and is not very familiar with the tax situation in this regard. We want to know what types of taxes are involved in export agency business, what the tax basis is, and what the tax payment process is like? We hope professional individuals can help answer this, the more detailed the better, so that we can be clearer and understand when operating in practice, and avoid tax issues.
Trade Expert Insights Answers
Richard WuYears of service：8Customer Rating：5.0
Global Trade Operations ExpertStart a Chat
In export agency business, value-added tax is usually involved. The agency fee collected by the agency company needs to be paid with VAT. The tax rate for general taxpayers is 6%, and the collection rate for small-scale taxpayers is 3% (currently there may be policy), and the tax basis is the agency fee income.
For the export goods themselves, if the consignor is a manufacturing enterprise and adopts the exemption, credit, and refund method, the agency company assists in handling relevant procedures. Export links are generally exempt from VAT, and the corresponding input VAT is offset against the payable VAT. The remaining part that is not offset is refunded. If the consignor is a foreign trade enterprise and adopts the exemption and refund method, export links are exempt from VAT, and the corresponding input VAT is refunded.
In terms of the tax payment process, tax declarations need to be made according to regulations, usually monthly or quarterly, by filling in and submitting relevant declaration forms on the electronic tax bureau. Tax payment can be completed through online deduction and other methods.
David ChenYears of service：10Customer Rating：5.0
Trade Compliance AdvisorStart a Chat
Export agency business involves stamp tax, which is paid as a certain proportion of the signed agency contract amount. The proportion is usually low. For specific details, please consult the local tax authority.
Kevin HuangYears of service：3Customer Rating：5.0
E-Commerce Export AdvisorStart a Chat
If the export goods involve products subject to consumption tax, the agency company needs to assist the consignor in handling consumption tax matters. Generally, export links are exempt from consumption tax, and consumption tax levied in the previous link is refunded.
Robert TanYears of service：5Customer Rating：5.0
International Market Development AdvisorStart a Chat
When declaring taxes, pay attention to timely and accurate filling in of relevant data. If you are unclear about certain tax policies, you can call the 12366 tax service hotline for consultation.
Olivia LiuYears of service：6Customer Rating：5.0
Foreign Exchange Risk ManagerStart a Chat
Remember to keep contracts, invoices, and other relevant documents for export agency business for tax authorities to inspect, which is important for the compliance of tax handling.
Sophia WangYears of service：6Customer Rating：5.0
International Logistics CoordinatorStart a Chat
There may be subtle differences in specific execution in different regions, so before starting business, it is recommended to understand the local policies in detail from the local competent tax authority.
Linda GuoYears of service：3Customer Rating：5.0
Trade Dispute MediatorStart a Chat
In export agency business, if it is for cross-border e-commerce exports, there may be different tax preferential policies. You can pay attention to relevant policy dynamics.
Michael ZhangYears of service：10Customer Rating：5.0
Customs Clearance SpecialistStart a Chat
Pay attention to the adjustment of export tax rebate rates, which will affect the tax treatment related to export goods, and adjust business strategies in a timely manner.
Daniel KimYears of service：4Customer Rating：5.0
Commodity Inspection and Quarantine ConsultantStart a Chat
If the agency company also engages in other businesses, pay attention to separately calculating the sales amount of different businesses to avoid tax risks.