Introduce various basic foreign trade knowledge to you.
Export cost accounting is a systematic analysis of all costs of foreign trade enterprises to determine appropriate quotations and assess risks. This process involves the calculation of direct and indirect costs, logistics, taxes, customs fees, and other related expenses, which helps enterprises formulate export strategies and achieve profitability.
The following are eight common foreign trade payment methods: T/T Telegraphic Transfer, L/C Letter of Credit, D/P Documents against Payment, D/A Documents against Acceptance, O/A Open Account Payment, Escrow Service Confirmed Payment, Paypal Online Payment, Western Union Express Remittance.
CIF Trade Insurance Premium Calculation and Coverage Guide: Analyzing the insurance amount formula, pros and cons of freight forwarder-purchased insurance, and key considerations to help foreign trade enterprises efficiently secure coverage, reduce risks, and ensure worry-free cargo safety during international transportation.
Analyze credit status and legal environment, provide compliant debt recovery steps and risk avoidance suggestions, assist foreign trade enterprises in efficiently recovering debts, and steadily explore the Russian market.
Introduced common payment methods when trading with Chilean customers and provided practical strategies for preventing payment defaults.
A detailed interpretation of the impact of inconsistencies between the shipper and actual shipper on FORM E certificates of origin, exploring customs clearance and tariff preference risks, and providing compliance recommendations to facilitate smooth customs procedures!
In foreign trade, cases of export and re-import often cause confusion. Especially when products stay overseas for an extended period and no longer qualify for duty-free return, how to legally and compliantly calculate tariffs and VAT while balancing cost control becomes a challenge for enterprises. Below, we use a practical case to outline the key points of related operations.
This article provides a detailed analysis of strategies for addressing issues such as client disconnection and cargo detention in the foreign trade industry. It offers specific recommendations on assessing the current situation, negotiating with factories and Sinosure, locating clients, and optimizing future order operations to help minimize losses and navigate future foreign trade activities more robustly.
This article elaborates on the current situation and operational suggestions for receiving payments in trade with Russia. It includes aspects such as the role and application of VTB accounts, characteristics of receiving payments, comprehensive consideration of fees and services, as well as challenges and opportunities for the reputation of domestic products. It points out that receiving payments through VTB accounts is a relatively stable method, but it is necessary to comprehensively evaluate the balance between fees and efficiency, and at the same time attach importance to product quality and brand building.
This article explores the current situation and risks of foreign trade buying export (a practice where companies use shell companies to export goods without claiming VAT refunds), including strengthened customs supervision, adjustments to tax policies, and secondary issues such as irregularities in foreign exchange receipts and customs inspection risks. The article also provides suggestions on choosing foreign exchange collection channels and emphasizes the importance of compliant operations.
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