Other Trade Topics Q&A

Planning to start an import business but unfamiliar with the process, want to understand what import agency companies do and whether they can save time and effort. The main tasks of an import agency company include assisting with market research, handling customs clearance, arranging transportation, and assisting with foreign exchange settlement. They can utilize professional knowledge and resources to ensure a smooth import process, save clients time and energy, and facilitate the development of import businesses.

Is a foreign trade enterprise, previously handled tax refunds for self-operated exports, now undertaking agency export business, inquiring about the possibility of tax refunds and specific operating procedures. The best answer states that foreign trade enterprises can receive tax refunds for agency exports, with the consignor being the subject of the tax refund. A consignment export agreement needs to be signed, the agent handles relevant procedures and delivers documents, and the consignor applies to the competent tax authority in their locality with the documents, paying attention to document requirements and regional differences.

Interested in the water tank industry and planning to become an export water tank agent, but lacking experience. Asking for guidance on how to start, including preparing qualifications, finding supply sources, and market promotion. The best answer suggests clarifying one's positioning and target market, finding high-quality supply sources through exhibitions or professional platforms. Also, preparing necessary qualifications and conducting market promotion through a combination of online and offline channels.

Considering becoming an agent for imported Japanese Shochu, I want to understand the agency situation, including market prospects, risks, and key points of agency. The best answer points out that acting as an agent for imported Japanese Shochu has potential, and the market prospects are favorable due to the diversification of alcohol consumption, but there are risks of changes in import policies and cultural differences. When acting as an agent, choose reliable suppliers for product channels and combine Japanese cultural elements for market promotion. With good research and planning, success is possible.

A company plans to engage in transshipment trade related to Vietnam and wants to understand the locations and characteristics of Vietnam's transshipment ports. The best answer indicates that Vietnam has several ports suitable for transshipment trade, such as Ho Chi Minh Port, Da Nang Port, and Nha Trang Port, introducing their locations, advantageous cargo, and characteristics, and reminding that port selection should consider multiple factors comprehensively.

A company has import and export business needs and wants to understand the import and export agency fees, fearing being overcharged. They inquire about the charging standards and ranges for agency fees, and whether customs declaration fees and freight forwarding fees are included. The best answer states that there are no fixed standards for agency fees, which are influenced by cargo value, cargo complexity, and business volume, and are commonly charged at 0.5% - 5% of the cargo value, with customs declaration fees and freight forwarding fees usually calculated separately.

Interested in brand agency export business but lack experience, inquiring about specific methods and precautions. The best answer suggests first finding suitable brands and negotiating cooperation agreements, familiarizing oneself with export procedures, and utilizing professional companies like Zhongmaoda. It also emphasizes establishing sales channels, arranging logistics, and focusing on brand promotion and customer service.

Want to know if exporting abroad requires agent fees and how to pay. The best answer states that fees are usually required because agents provide various services. Common payment methods include a percentage of the order amount (ranging from 3% to 10%) and a fixed fee. The former depends on business complexity, while the latter is for fixed business models. Zhongmaoda will negotiate the fee method with clients.

Considering acting as an agent for imported Japanese sake, I want to understand the industry situation, including market demand, profit margins, and agency issues. The best answer points out that importing Japanese sake has development opportunities, market demand is growing, and high-end products have considerable profits. However, when acting as an agent, attention should be paid to qualification procedures, product selection, supply chain, promotion and marketing, etc. Good planning and execution will lead to development space.

Encountering import business and having doubts about the meaning of "import customs clearance agent", inquiring about its specific meaning and how it helps importers. The best answer states that an import customs clearance agent is an organization that helps importers handle customs clearance matters for imported goods. Their work covers preparing customs declaration documents, customs declarations, and handling inspections, which can save importers time and energy and avoid delays and fines.