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.
Today, lets discuss a nerve-wracking issue—what to do when foreign trade payments are flagged as suspected fraudulent funds? While such cases are rare, improper handling could cause significant trouble for businesses. Next, Ill guide you through understanding the nature of this problem and share some coping strategies.
This article explores a case of order losses caused by negligence, analyzes the mistakes at each stage, and proposes improvement measures, including standardized document management, enhanced interdepartmental communication and collaboration, and the establishment of key node reminder mechanisms, aiming to help foreign trade practitioners prevent similar risks and ensure corporate financial security.
This article provides a detailed analysis of the rights and obligations of manufacturing enterprises in export agency business, including rights such as instruction authority and assistance rights in force majeure situations, as well as obligations like ensuring goods compliance and providing necessary documents. It also cites specific legal references to help readers better understand and comply with regulatory requirements in export agency.
In foreign trade, re-importing exported goods is one of the complex operations enterprises may face. This article details how to smoothly re-import goods such as shipbuilding steel plates back to China in cases of customer returns, covering return procedures, tax treatment, and compliance requirements. Through professional analysis and practical advice, it helps foreign trade enterprises avoid common mistakes, ensuring efficient and compliant re-import operations while minimizing financial and legal risks.
This article provides a detailed analysis of challenges companies may face during customs inspections, such as weight discrepancies, clearance documentation, labeling, and product sensitivity. It offers a series of strategies, including accurate declaration of goods, ensuring complete and consistent clearance documents, standardized packaging and labeling, compliance with intellectual property laws, strengthening internal management, and maintaining good communication with customs. The goal is to help foreign trade companies reduce inspection risks and achieve smooth customs clearance.
You may have heard that some foreign trade customer development software can extract buyer decision-maker information from customs data. So, is this true? The answer is—absolutely no problem. With reliable customs data and excellent email mining software, it is indeed possible to accurately find the contact information of these decision-makers. But its not that simple.
In foreign trade orders, suppliers sending incorrect goods due to recording errors not only damage a companys reputation but also pose financial and legal risks. This article explores responsibility allocation in such cases, analyzes the boundaries between supplier and customer responsibilities, and provides practical solutions to help businesses maintain customer relationships while protecting their interests and avoiding potential financial and legal risks.
In foreign trade, handling invoicing and foreign exchange for domestic clients shipping goods abroad is critical. This article details how to correctly issue invoices, manage foreign exchange verification, and handle tax rebates, helping businesses avoid financial and legal risks while ensuring compliant and efficient export operations. Whether youre new to trade or experienced, this guide offers practical advice to facilitate international business!
I believe many of you in foreign trade are no strangers to clients frequently saying the price is too high. Each time you hear this feedback, it might give you a headache. However, behind the price negotiation is not just a battle of numbers but also a demonstration of service and value. Today, lets discuss how to gracefully respond to clients price is too high concerns.
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