As we all know, legally receiving foreign exchange is a big problem for many businessmen especially traders in China.
In recent years, with the increasingly serious tax situation of evasion and tax fraud, and changes in the domestic and foreign economic situation, internationalization of terrorist crimes, smuggling crimes as well as cross-border crimes increase, many stricter policies have been introduced at home and abroad to build a more legal and standardized foreign trade industry.Strengthen the crackdown on Stricter investigation on HK and off-shore accounts
Stricter requirement on tax business
More and more collection problems!
Off-shore account FROZEN!CRACKDOWN on the underground bank!High COST of tax refund and great RISK of export!High rate of INVESTIGATION affect delivery and order!In fact, the above problems can be solved by market purchase trade (customs supervision code 1039). However, since the pilot started in various cities, there are still many foreign traders and even banks do not know.What's market purchase trade?What is market purchase trade?
Market purchase trade refers to the trade mode in which qualified operators purchase commodities with single bill of customs declaration value of less than USD 150,000 (including) in the market area recognized by Chinese authorities and go through customs clearance procedures for export commodities at designated ports of the customs.
Long press to reply with 1039
to obtain the list of pilot cities of market purchase trade
Operation mode & procedure
Wide range of application
Usually available to multi - varieties, small-batch, multi-batch procurement, generally by means of LCL customs declaration and transport.
There are lots of gorgeous measures for small commodities that are declared for export by means of market purchase trade to further improve the customs clearance services for market purchase trade commodities. Such as:
24-hours electronic customs clearance,
Simplified declaration,
Smart inspection and release,
Simplified VAT collection,
Refund management of export commodities.
The commodities exported by means of market procurement trade are directly exempted from VAT, that is, the mode without no collection and no refund.
The goods which have not been obtained or cannot be obtained by market operators in the market agglomeration area can be exported by means of market purchase trade.Under the mode of market purchase trade, export commodities can go through export customs clearance at the place where the market is located. Market operators do not need to transport commodities to the port customs to go through customs clearance, which can not only reduce logistics costs but also clear customs in advance, greatly reducing foreign trade risks and operating costs.
The quality management and trace of the small commodity have become a constraint on the export of small commodities. The trade standardization of market purchase trade and the localization of trade entities are conducive to:
Establishing a quality trace system,
Solving the export bottleneck of small commodities,
Promoting trade development.
No more problems with customs declaration and collection?By means of market purchase trade, these two problems can be solved simultaneously!For the goods declared in 1039, the corresponding payment from overseas can be declared to the SAFE(State Administration of Foreign Exchange) properly in the name of 1039 trade item, and the money can be collected legally and safely.As the above said, there are no VAT collection and refund, no input invoice, and no need to apply for tax refund, so 1039 method can be declared by foreign-trade agency and legally report the settlement of foreign exchange, which is extremely suitable for foreign traders who dont have import/export right or invoice, but want to formally export safely. Whats more, there is no need to worry about these stubborn problems like high inspection rate of agency export, off-shore accounts frozen, escape of underground bank and so on...Market purchase trade, a new and high-level foreign-trade mode, can significantly improve the level of trade facilitation, reduce trade cost, and improve trade efficiency, as well as provide more detailed information and more options for customers, compared to traditional trading mode.
By using this kind of trading mode to export, the supplier only needs to contact with a professional agency. As long as the order is made with the purchaser, the rest of the process can be handed over to the professional agency. To learn more,
please scan the code for details.
Authoritative qualification
As the first batch of companies with the qualification of market purchase trade operation rights in Guangzhou, one of the few foreign trade agencies that can provide agent settlement services, and also the key support export company of government, the total export trade volume of HACOS has always been in Guangzhou. Vice President Member of Professional Committee for Foreign Business Consultancy,
Vice President Member of Guangdong Chamber of Commerce of Importers & Exporters,
Member of CCPIT,
Member of GZAEFI,
etc.
Independent customs clearance
We have Independent professional customs declaration company and customs clearance personnel, which can provide comprehensive services of market purchase trade like: Meanwhile, it maintains long-term friendly cooperative relations with many banks, has good bank credit, and obtains authorization of foreign exchange settlement of the trade.As an eligible and professional foreign trade agency, HACOS is more familiar with trade pattern and process, as well as the requirement of customers by providing long-term market purchase trade agency services, including Booking,
Warehousing,
Trailer,
1039 customs clearance,
Bill,
Settlement
so on.
To learn more,
please scan the code for details.
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