A must-read for foreign trade professionals! FORM E certificate application, fast customs clearance depends on it
January 8, 2025
In import and export trade, the role of the FORM E Certificate of Origin is crucial. With this certificate, importers in ASEAN countries can benefit from tariff reductions, lower import costs, and enhanced market competitiveness. Secondly, the certificates validity helps expedite customs clearance and reduce cargo detention times, ensuring a smooth supply chain. Furthermore, from a macroeconomic perspective, the FORM E certificate also promotes...
Unclear about the export air freight process? This one article is enough
December 31, 2024
With the continuous development of global trade, more and more foreign trade companies are choosing air transportation as the main mode of transportation for their goods. The speed and efficiency of air transportation enable high-value and urgent goods to be delivered to their destinations in the shortest possible time, meeting the markets demand for timeliness. However, export air transportation also faces some problems. For example, airlines and freight forwarders...
Choose sea transportation for import and export? If you don’t pay attention to these hidden dangers, your business will fail!
December 20, 2024
When enterprises carry out import and export business, the choice of transportation method is crucial. Common methods include sea, rail, and air transportation. As far as Chinas maritime transport is concerned, its scale is very large. The cargo throughput of Chinas coastal ports has remained at a high level for years, and many large ports undertake massive import and export cargo transportation tasks every year. Such as Shanghai Port, Ningbo-Zhoushan Port, etc., have long been ranked...
A key step in exporting: carefully choosing the customs clearance method
December 5, 2024
In the journey of enterprises engaging in import and export trade, the terms “white customs,” “gray customs,” and “black customs” are often heard. Understanding these three customs clearance methods is crucial for enterprises to make correct decisions in import and export trade. So, what exactly are the meanings and characteristics of these three customs clearance methods? Lets explore them together. I. What are White Customs, Gray Customs, and Black Customs...
EXW clause shipping strategy: All foreign trade puzzles are caught!
5 July 2024
In foreign trade, you may be confused about the shipment process under EXW (Ex Works, Factory Delivery) terms and related financial and customs issues. Here are detailed answers and suggestions: 1.Receive U.S. or U.S. yuan money from overseas customers and send it directly to the customers specified domestic receipt address: Is it feasible: Feasibility analysis: In this case, the customer...
The crisis in the shipping market: the backlog of foreign trade goods and the skyrocketing freight prices are revealed!
July 4, 2024
In recent years, the maritime market has seen a surge in shipping fees, the phenomenon of one class difficulty, which leads to serious accumulation of goods in foreign trade. This is not the first time, but there are some unique factors in the current market environment and background, here is the interpretation of this phenomenon and related background analysis. 1. supply and demand imbalance The impact of the epidemic during the new coronavirus epidemic, global...
Under the DDP clause, how to pay import taxes and fees for customs declaration? Comprehensive interpretation!
3 June 2024
In international trade, trade terms such as FOB (Free on Board), CIF (Cost, Insurance, and Freight), DDP (Delivered Duty Paid) are used to clarify the responsibilities, risks and costs of both parties in the process of transportation of goods. Today we mainly explore DDP trade terms, especially whether customs can represent the sale of goods.
Full analysis of Incoterms: A guide to the division of expenses and responsibilities!
29 May 2024
In international trade, the terms of the contract and the actual operations can be adjusted according to negotiations between the two sides. Here are some key points and practical operations, detailed analysis of common trade terms and the cost and responsibility division involved.
Reveal the exemption from value-added tax: tax incentives for international freight forwarding services!
27 May 2024
In the multi-process of international trade, tax handling is undoubtedly a complex issue that every enterprise must face. Especially the value-added tax policy involving international goods transportation agency services, it is directly related to the cost control and profit space of the enterprise. About the value-added tax policy of the service, especially whether it is suitable for customs, clearing customs, billing fees, check-in fees, terminal operating fees and so on.
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