Wants to understand the flow of payments in export agency business, inquiring if payments are typically transferred to the export agent company’s account and the subsequent operations. The best answer states that payments are usually transferred to the export agent company’s account. After receipt, the company conducts foreign exchange settlement, deducts agency fees, and then remits the remaining funds to the client. While special arrangements can be negotiated, transferring to the agent company’s account is a common and standardized practice.
Agency Import/Export Customs Declaration: Who Should Be Responsible?
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My company plans to use an agency for import and export business. Now I have a question: who exactly is responsible for customs declaration in agency import/export? Does the commissioning party handle it themselves, or is the agency company responsible for customs declaration? I'm not clear on the specific regulations and operating procedures involved, and I'm worried that not clarifying the customs declaration entity might lead to problems in subsequent business operations. Can any knowledgeable friends explain in detail how customs declaration should be arranged for agency import/export?
Trade Expert Insights Answers
Michael ZhangYears of service：10Customer Rating：5.0
Customs Clearance SpecialistStart a Chat
In agency import and export business, the determination of the customs declaration entity depends on the agreement in the entrustment agency agreement. Typically, there are two common models.
One is where the agency company declares customs in its own name. Under this model, the agency company is familiar with customs declaration procedures, policies, regulations, and relevant formalities, enabling efficient handling of customs affairs. For example, Zhongmaoda as an agency, with its professional team and rich experience, can complete customs declarations quickly and accurately, reducing the risk of errors.
The other is for the commissioning party to declare customs in its own name. The commissioning party might choose this method due to specific requirements regarding the customs declaration process or a desire for more control, but it requires the party to invest more effort in handling the customs declaration formalities. However, regardless of the model, both parties need to clarify their responsibilities and obligations to ensure a smooth customs declaration process and avoid disputes due to unclear responsibilities.
Richard WuYears of service：8Customer Rating：5.0
Global Trade Operations ExpertStart a Chat
Generally, if the agency company is highly professional, it's better to let them handle the customs declaration, as they are more familiar with the procedures, can save time, improve efficiency, and reduce the risk of goods being held up at the port.
Robert TanYears of service：5Customer Rating：5.0
International Market Development AdvisorStart a Chat
If the commissioning party has sufficient knowledge of customs declaration procedures, they can also handle it themselves, which allows for better control over the entire process, but may incur additional human resources and time costs.
David ChenYears of service：10Customer Rating：5.0
Trade Compliance AdvisorStart a Chat
It depends on how the agreement between both parties is signed. If the agreement clearly defines the customs declaration entity, just follow the agreement, so that even if problems arise later, there will be a basis to refer to.
Daniel KimYears of service：4Customer Rating：5.0
Commodity Inspection and Quarantine ConsultantStart a Chat
From the perspective of practical operational convenience, letting the agency company handle customs declaration is more hassle-free, allowing the commissioning party to focus on their core business.
Thomas LiYears of service：7Customer Rating：5.0
Import Licensing AdvisorStart a Chat
If the commissioning party has customs declaration qualifications and experienced personnel, handling customs declaration themselves is also fine, and can save on agency customs declaration fees.
Anthony LuoYears of service：10Customer Rating：5.0
Trade Compliance ExpertStart a Chat
Using an agency company for customs declaration allows leveraging their resource advantages, such as good communication channels with customs, which helps ensure a smooth customs declaration process.
Linda GuoYears of service：3Customer Rating：5.0
Trade Dispute MediatorStart a Chat
If the commissioning party wishes to cultivate their own customs declaration team, they can handle customs declaration themselves, to accumulate experience and become more independent in the future.
Kevin HuangYears of service：3Customer Rating：5.0
E-Commerce Export AdvisorStart a Chat
Regardless of who handles the customs declaration, it is crucial to ensure that all relevant documents and data are accurate and error-free, as this is key to a successful customs declaration.