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.
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.
This article explores the decision - making issues in the foreign trade industry when facing large orders. Analyzing from key perspectives such as the essence of foreign trade, customer verification, increasing the deposit ratio, insuring export credit insurance, and stopping losses and continuing, it provides suggestions for reducing risks and making rational decisions, helping practitioners achieve steady business development in the face of opportunities and risks.
This article comprehensively analyzes the foreign trade industry, covering key knowledge points such as functional departments, settlement methods, and business development, helping newbies in foreign trade to get started quickly and avoid detours. Deeply understand the responsibilities of functional departments such as freight forwarders, customs brokers, and foreign exchange management, master international settlement methods such as TT and letters of credit, and improve business development and negotiation skills to become a master in the foreign trade industry.
The process of exporting branded goods to Russia is complex, involving intellectual property protection, authorization and customs filing. This article elaborates on the correct steps for exporting branded goods to Russia, including brand filing, authorization, practical operation, etc., to help you pass customs smoothly and expand the Russian market.
This article provides an in-depth analysis of common payment methods in international trade, including full payment, installment payments, credit terms, and letters of credit, along with their associated risks. It also offers strategies for managing risks with credit customers, competitive pressures from alternative suppliers, and bargaining behaviors during credit periods. Additionally, it explores industry trends and provides practical recommendations to help foreign trade professionals optimize payment methods, mitigate risks, and achieve long-term growth.
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