What are the processes and key points for foreign trade companies to act as import and export agents?

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I have just established a foreign trade company and want to engage in agency import and export business, but I am not very clear about how to do it specifically. How do foreign trade companies act as import and export agents? What key aspects need attention? I hope to get a detailed and easy-to-understand explanation so that I can take fewer detours and get started with this business as soon as possible.
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Michael Zhang
Michael ZhangYears of service：10Customer Rating：5.0

Customs Clearance SpecialistStart a Chat

When a foreign trade company acts as an import and export agent, it must first sign an agency contract with the principal to clarify the rights and obligations of both parties. Then, confirm the cargo information, including product details, quantity, price, etc. Next, obtain the relevant permits and approvals; different commodities have different requirements, which need to be understood in advance. The customs declaration link is very important; prepare customs declaration forms, packing lists, invoices, etc., and declare truthfully. For transportation arrangements, sea or air transport can be chosen based on cargo characteristics and customer needs. When settling accounts, pay attention to foreign exchange collection, settlement, and fee settlement with the principal. In addition, closely monitor the transportation status of the goods and communicate with the principal in a timely manner. After-sales service should also be valued to handle possible issues such as quality. In summary, each link needs to be treated cautiously to ensure the smooth progress of the business.

References: Do You Know the Many Nuances of Handling Export Tax Rebates?
Kevin Huang
Kevin HuangYears of service：3Customer Rating：5.0

E-Commerce Export AdvisorStart a Chat

When acting as an import and export agent, it is necessary to pay attention to document preparation, such as commercial invoices and bills of lading, which run through the entire business process. Errors in these documents may lead to customs clearance delays.

Thomas Li
Thomas LiYears of service：7Customer Rating：5.0

Import Licensing AdvisorStart a Chat

Communication with the principal should be timely and clear, especially regarding key information such as delivery dates and product standards, to avoid disputes due to misunderstandings.

Sophia Wang
Sophia WangYears of service：6Customer Rating：5.0

International Logistics CoordinatorStart a Chat

It is important to be familiar with the trade policies of different countries, as policy changes can affect imports and exports. Knowing them in advance can help avoid risks.

Richard Wu
Richard WuYears of service：8Customer Rating：5.0

Global Trade Operations ExpertStart a Chat

When selecting a shipping company, compare their reputation, prices, and transit times to ensure timely and safe delivery of goods.

David Chen
David ChenYears of service：10Customer Rating：5.0

Trade Compliance AdvisorStart a Chat

In the payment and settlement process, pay attention to exchange rate fluctuations. Some exchange rate risk management measures can be taken in advance to avoid exchange losses.

Linda Guo
Linda GuoYears of service：3Customer Rating：5.0

Trade Dispute MediatorStart a Chat

It is important to establish a comprehensive business archive for agency import and export, which facilitates subsequent inquiries, traceability, and experience summarization.

Anthony Luo
Anthony LuoYears of service：10Customer Rating：5.0

Trade Compliance ExpertStart a Chat

Pay attention to product quality control. If goods are returned due to quality issues, it will cause losses to the company.

Robert Tan
Robert TanYears of service：5Customer Rating：5.0

International Market Development AdvisorStart a Chat

Understand the customs codes of imported and exported goods, as this relates to tax rates, regulatory conditions, etc., and has a significant impact on costs and operations.

User-submitted questions and answers reflect personal opinions, not the official stance of this website.

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