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.
An export supervision warehouse is established with the approval of the customs. It is mainly used for storing goods that have completed the customs export formalities, carrying out bonded logistics distribution, and providing value - added services for circulation. In other words, an export supervision warehouse is a special warehouse that specifically handles goods that have completed the customs export formalities.
With the advancement of the Belt and Road Initiative, the number of Chinese foreign contracted engineering projects has been continuously increasing. For the export goods in these projects, enterprises need to understand and comply with a series of regulations and procedures. This article will analyze these contents in detail.
Understanding the European footwear standard system is of great significance to enterprises engaged in the design, production and sales of footwear products. In the footwear manufacturing field, there are mainly 2 corresponding European standardization organizations, namely CEN/TC 309 “Footwear” and CEN/TC 161 “Foot and leg protectors”.
Tax-inclusive import refers to the process where goods are first shipped to Hong Kong, then transported to mainland China via Hong Kong as a transit point, and finally declared to customs for import in the form of express parcels. Tax-inclusive import typically appears in special industries or products with tax incentives, such as cross-border e-commerce. Although tax-inclusive import offers clear advantages in simplifying processes, reducing costs, and speeding up imports, its legality and potential regulatory risks remain controversial and require attention.
The US HTS code, fully known as the Harmonized Tariff Schedule of the United States (HTSUS) code, is a classification system used by the United States for imported and exported goods. This system is maintained by the US International Trade Commission and implemented by the US Customs and Border Protection.
Foreign trade work requires the comprehensive application of various knowledge and skills, including customs declaration, VAT, foreign exchange, logistics, certification, laws and regulations, letters of credit, risk management, and market research.
With the development of carbon markets and climate policies, carbon tariffs, carbon quotas, and carbon credits have become important concepts. Understanding the differences between them and the process of cross-border conversion is crucial for enterprises to ensure compliance in international trade.
In the globalized business environment, processing trade enterprises may face relocation needs, whether moving entirely or partially out of the original customs jurisdiction. Certain regulations and procedures must be followed. So, what should processing trade enterprises pay attention to during relocation?
Exploring specific methods to address difficulties in Russian settlement, including utilizing border banks, VTB Shanghai Branch, barter trade, other innovative settlement methods, and strengthening customer communication.
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