Since companies in the early stages of foreign trade lack import-export rights and foreign trade payment channels, collaborating with foreign trade agents to borrow agent accounts for fund recovery and operate under the companys name is a viable option. Foreign trade agents charge minimal fees. The agent transfers funds to the company, provides a set of procedural documents to support exports, and refunds tax rebates to the company. This is the most common operational model for foreign trade agents.
Currently, there are many import-export agents in the market with varying quotes. Many importers and exporters dont know how to measure price versus value or how to evaluate import-export agents.
Currently, commercial goods imports/exports may still require in-person customs declarations. In the future, online submissions may suffice. Despite this, import/export agency companies continue to thrive. Why is that?
Temporary import/export of goods refers to the temporary importation of goods by international organizations, foreign governments, enterprises from foreign countries, Hong Kong, Macau, or individuals for economic, technological, scientific, or cultural cooperation and exchange, provided the goods are re-exported within a specified timeframe.
With evolving times, people have gained some understanding of foreign trade agency, but most remain unaware of its characteristics and business classifications. Foreign trade agency isnt a panacea—lets examine its actual functions.
Interact with international purchasers through trade fairs and other means. After the contract is signed, a purchase notice will be sent to the factory along with a copy of the contract, and the factory will prepare for production.
How to choose a foreign trade import and export agency company? When choosing a qualified Shanghai import and export agency company, the following eight factors need to be considered.