After 200 billion tariff case, export the United States?-TINO LOGISTICS





After 200 billion tariff case, export the United States?

Release time:2018-11-27 13:28

Tino logistics, South Korea, Malaysia entrepot trade provides professional service plan! China's export America and China's imports from the United States, transit world make all over the world.

Government official recently issued a circular, will be about 200 billion additional tariffs on Chinese products, will take effect on September 24, set to 10% by the end of the year. On January 1, 2019, tariffs will rise to 25%.

So, after export the United States? Entrepot trade this way is a good solution. Although the process can be tricky, but is a good idea, effectively avoid high tariffs.

Jiangsu Tino logistics, South Korea, Malaysia entrepot trade provides professional service plan! China's export America and China's imports from the United States, transit world make all over the world.

What is the entrepot trade?

Under the normal trade, both sides sign the contract directly to complete the handover of the goods.

Trade and entrepot trade, and no longer directly between in China and to consumer, but also developed with the help of productivity of third countries changed hands for transactions, conversion trading main body tax avoidance. The goods directly to the port of destination, but around the transshipment port, completed in transit port in tank, transit countries of form a complete set of certificate of origin and export documents, provide customs clearance documents to the port of destination.

Although, the U.S. tariffs on Chinese products increased, but for some countries did not increase tariffs. Through entrepot trade, therefore, the goods shipped to the third party country transfer, added some transfer fees, but avoids the high anti-dumping duties.

At present, a lot of "made in China" products, such as all kinds of clothing, shoes, socks, hats, textiles, ceramics, chemical industry, fasteners, bearings, furniture, etc.) in the European Union, the United States, Mexico, Turkey, Egypt, South Africa and central and South America countries, most have been "anti-dumping", "safeguard", "limit", we can cooperate with some southeast Asian countries in and out of the manufacturers, to provide customers with these countries entrepot trade services, a full set of documents of origin, reduce import costs, importers to avoid the "anti-dumping" tariffs, improve profit margins.

Points to Note on Transit Trade
You need to let the buyer know and don't re-export without telling the customer. On the top of the packaging, because it is to be re-exported, the packaging is neutral, or the origin of the third country is indicated. It can not have the "MADE IN CHINA" logo, or it can be identified as a Chinese product.
T/T way, notify the customer to pay the agency, the agency deducts the handling fee and then calls the domestic, domestic production. Customer balance to the agent company, agent company after deducting fees transferred to the domestic, domestic documents sent to the agency, or to the electricity.
For some letters of credit operations, since the customs clearance documents for customers are third-party countries, and the letter of credit is submitted for collection, the letter of credit should indicate that the third party documents are acceptable.
Find a transit trading company in Southeast Asia(Malaysia, South Korea, etc.) and sign a contract with them. Note that the United States 'tariffs on the country are also checked. To discuss with the United States customer whether the export documents of the third party agent can be accepted as payment terms and whether the export documents provided by the agent can be used as customs clearance documents. After the United States customer understands and agrees, The payment or letter of credit shall be made to the three-party agency in transit trade, and the client shall be given a contract, which shall be signed by the American guest and the three-party company in accordance with these terms, and the delivery period shall be increased here. It is necessary to calculate the time of shipment from China to the three-party transit country, and then consider the transit time such as the time for the transit trader to handle the entry and exit procedures and the time for changing cabinets, and leave some room.
The simple point is that the tripartite agency company is equivalent to a trading company in Southeast Asia and other places. It purchases from us and then resells it to the United States. The same treatment, but the profit becomes our agency fee, and we have to check the operation.
Operational recommendations
Real valid transaction files
Looking at the cases of foreign exchange violations reported by the Foreign Exchange Bureau this year, it is not difficult to find out that domestic enterprises that use invalid or false transaction documents(such as invalid bills of lading or false transit trade contracts) to flow foreign exchange out of the country in transit trade will be deemed to violate the requirement of trade authenticity. May face administrative punishment and bear civil or even criminal responsibility.
Therefore, enterprises engaged in re-export trade must first ensure that the documents related to the transaction must be true and valid.
Cross-border related transactions involving Chinese entities
As mentioned above, it is easier to "construct" transactions between related enterprises. If all parties to the re-export trade are related parties, especially cross-border related transactions involving Chinese entities, it will raise doubts about the actual motives of the transaction and may then require a thorough investigation to determine whether such entities are actually profiting from the real trade, Or profit from the flow of capital generated by "tectonic" trade.
In practice, we have seen that in order to avoid attracting the attention of foreign exchange bureaus and reduce the risk of being investigated, some multinational companies set up new entities to engage in re-export trade under seemingly unrelated names. Other TNCs have further severed the ownership links between the various related entities engaged in transit trade, although some control relationships may still be achieved by other means.

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