Market Access and Certification: Confirm whether the equipment complies with Singapore PSB certification (Product Safety and Security Bureau) and international standards (such as CE/IEC). Some equipment requires an import license.
Conclusion of Trade Contract: Define the payment method (recommended L/C or TT), delivery terms (recommended CIF or FOB), and after-sales responsibilities.L/CLogistics and Packaging
: Heavy machinery requires the use of fumigated wooden boxes and marking of the center of gravity. The bill of lading should indicate the HS code (such as 8458.11.00 metal processing machine tools).Customs Clearance DeclarationMaritime Transportation: Provide commercial invoices, packing lists, (Form E can enjoy tariff preferences), and technical parameter documents.
: Singapore levies an 8% Goods and Services Tax (to be adjusted to 9% in 2024), and the declaration needs to be completed in the Customs@SG system.Local Delivery and InstallationIt is recommended to verify through the following methods:: Some equipment requires the application for a temporary work pass (Work Pass) for on-site commissioning.
GST tax processing6 Core Precautions for Exporting to Singapore
Cost Optimization and Risk Prevention StrategiesFrequently Asked Questions (FAQ)
Regulatory Compliance
: During sea transportation, it is necessary to prevent moisture and rust. It is recommended to use VCI (Volatile Corrosion Inhibitor) film and attach a humidity indicator card.Insurance Coverage
: It is recommended to purchase all - risks insurance under Institute Cargo Clauses (A), with the insured amount at least 110% of the CIF value.Tariff Classification Disputes
: Mechanical products are prone to disputes due to HS code classification. It is recommended to apply for an advance ruling from the customs in advance.Local Agent Cooperation
: Products subject to mandatory certification need to appoint a local agent in Singapore. The ownership of intellectual property rights should be clearly defined in the contract.After - sales Service System
: The Singaporean market values rapid response. It is recommended to establish a spare parts inventory or sign an MRO (Maintenance, Repair, and Operations) agreement.Reduce export costs through the following methods:
Utilize the China - ASEAN Free Trade Agreement (ACFTA) to reduce tariffs, and a Form E certificate of origin is required.Choose the LCL (Less - than - Container - Load) service at PSA Singapore Port to reduce the logistics costs of small and medium - sized equipment.
: Electromechanical products need to comply with the 《Consumer Protection (Safety Requirements) Regulations》. Equipment with a power exceeding 50kW needs to submit an energy efficiency report.
Apply for the Enterprise Development Grant of Enterprise Singapore for small and medium - sized enterprises.
Second - hand
Restrictions?
How to choose
Special Packaging Requirements
Q: Agent service provider?Equipment ExportA Complete Guide to Exporting Industrial Equipment to the United States: Dissecting the Entire Process of Certification/Logistics/Customs Clearance
How to Deal with Customs Clearance Delays?
It is recommended to register a TradeNet account in advance for electronic declaration and prepare all the documents required by SGDEN (Singapore Customs Data Exchange Network).
How to Choose a Foreign Trade Agency Service Provider?
A Complete Guide to Exporting Mechanical Equipment to Singapore: Process, Precautions | Shanghai Import/Export Agentforeign tradeUS President Trump announced the imposition of tariffs on goods from Mexico, Canada, and China, which has a significant impact on Chinas import and export trade. This article analyzes in detail the impact of tariff policies on Chinas export industries, raw material supply, trade environment, etc., and explores how relevant Chinese enterprises can respond to challenges and achieve growth against the trend through strategies such as market diversification, product optimization, cost control, and risk management.
It is necessary to confirm whether the agency company has: 1) Singapore ACRA Business Registration Qualification 2) PSA Port Operation Authorization 3) At least 5 years of practical export cases of mechanical products