The company plans to use an agency for import and export business, wondering who should declare customs for agency import/export, unaware of specific regulations and procedures, and concerned about business impact. The best answer points out that the customs declaration entity depends on the entrustment agency agreement. Typically, the agency company declares customs in its own name, handling it professionally and efficiently. Alternatively, the commissioning party can declare customs in its own name, but this requires more effort. Both parties must clarify responsibilities and obligations to ensure a smooth customs declaration.

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What Are the Key Considerations for Agency Import? Is Agency Import Reliable?
A company plans to import a batch of electronic products but lacks import experience, so it inquired whether to use an import agency, and what the advantages, disadvantages, and key considerations of agency import are. The best answer stated that agency import offers advantages such as familiarity with procedures and optimized logistics, but requires payment of agency fees. When making a choice, one should consider the agency's qualifications, service scope, fee standards, logistics and customs clearance capabilities, and make a decision after comprehensive consideration.
What are the general costs for agency import and how are they calculated?
Regarding the total costs of agency import, the best answer indicates that these costs include agency fees (usually 1%-5% of the imported goods value), international transportation fees, customs duties and value-added tax, port fees, customs declaration and inspection fees, etc. Agency fees vary based on the type of goods and operational complexity. International transportation fees are calculated based on the mode of transport and the volume and weight of the goods. Customs duty rates depend on the HS code, and VAT varies for different products. Other fees also have their own standards. Accurate calculation requires detailed information about the goods.
What taxes are levied on agency imports? Please help me answer!
The company plans to find an agent for importing goods and wants to know what taxes are levied on agency imports. The best answer points out that agency imports generally involve customs duty, calculated by multiplying the dutiable value by the tax rate; value-added tax, calculated by multiplying (dutiable value + customs duty) by the tax rate; and if it is a taxable consumer good, consumption tax will also be levied, with various calculation methods. The actual tax paid varies depending on factors such as the goods, and policies should be understood in detail before import.
How to make payments for entrusted agency imports?
The company is preparing to entrust an agency for importing goods and wants to understand how to make payments and what precautions to take due to inexperience. The best answer suggests that the entrusting party and the agent should first sign an agreement, and the agent should then go to the bank to make the payment with relevant documents. Common payment methods include payment upon arrival and advance payment of goods. It is important to pay attention to exchange rate fluctuations, comply with foreign exchange regulations, prepare documents as required, and promptly track the import of goods.
What is TT in agency import? Please enlighten me!
Someone is asking what "TT" means in agency import business. The best answer explains that TT stands for Telegraphic Transfer, which is a remittance method where the remitter deposits funds with the remitting bank, and instructs the receiving bank via telegraph or telex to pay a certain amount to the payee. In agency import, importers often pay the agent via telegraphic transfer due to its speed and security, which ensures fund circulation.
Trade Expert Insights Answers
To act as an import agent, you first need legal business qualifications, such as a business license, and your business scope must include relevant import agency services.
Secondly, you need to understand the relevant policies and regulations for imported products. The regulatory conditions vary greatly for different products. For example, food imports may require special qualifications such as a food business permit.
Furthermore, you need to establish good supplier and customer channels. Suppliers can provide stable and high-quality sources of goods, while customers ensure the market for your business.
In terms of operational procedures, you need to be familiar with the customs declaration and inspection processes for imported goods. This requires professional knowledge and experience. You can also entrust professional customs brokers like Zhongmaoda to assist you.
Regarding precautions, you should pay attention to contract terms, clarify the responsibilities of all parties, and also monitor exchange rate fluctuations to avoid losses due to exchange rate changes.
Fund preparation is also crucial. Import agency may involve upfront payments, including for goods, taxes, etc. You need sufficient working capital to support business operations.
You also need to have keen market insight, understand the market demand and price trends for various imported products, so as to better carry out agency business.
Professional logistics knowledge is also necessary. You need to know how to arrange cargo transportation, choose appropriate transportation methods, and ensure the safe and timely arrival of goods.
Establish a sound financial management system, clearly record income and expenditure, to facilitate the calculation of costs and profits, and avoid financial chaos.
Maintaining good communication with departments such as customs and quarantine inspection is also important, as this helps to stay updated on policy changes and smoothly handle business.
Proficiency in foreign languages is a significant advantage, allowing for smoother communication with overseas suppliers and accurate understanding of contract terms and other documents.
Possess good stress tolerance. The import agency process may encounter various problems, such as cargo delays, and you need to be able to actively cope with pressure.
Have efficient communication and coordination skills, effectively coordinate among suppliers, customers, logistics, and other parties to ensure the smooth progress of business operations.