Trade Terms | Obligations of the Buyer and Seller under DDP
November 6, 2024 13:39
What is the US import tariff? How to pay it?
[Export Tax Rebate] What are the tariff policies of the country of destination for imported goods?
What are the benefits of Golden Tax Phase 4 for foreign trade enterprises?
Golden Tax Phase IV is a reform project of the State Taxation Administration of China, mainly aiming at the optimization and modernization of the tax collection and management process. The benefits of Golden Tax Phase IV for foreign - trade enterprises are as follows in 5 aspects:
What are the restrictions on exporting to Russia?
Restrictions on exports to Russia may vary depending on national policies and laws. Generally, restrictions on exports to Russia include the following:
What materials are required for import inspection? What is the specific process?
Import inspection is a prerequisite for cargo customs clearance. Currently, import inspection consists of three main parts: 1. Declaration; 2. Sampling; 3. Inspection.
Trade Terms | Obligations of Buyer and Seller Under FCA
FCA stands for Free Carrier. Translated into Chinese, this term means delivered to carrier. Typically, the exporter delivers the goods to a specified location, where a designated carrier, appointed by the importer, will collect them.
Trade Terms | Obligations of the Buyer and Seller under FOB
FOB is the abbreviation of Free On Board, also known as free on board and delivery on board. Usually, when the goods cross the ships rail at the designated port of shipment, the exporter has fulfilled its delivery obligation.
Trade Terms | Obligations to be Fulfilled by Buyers and Sellers under EXW
EXW, short for EX Works, is called Ex - Works (named place). Usually, the exporter has fulfilled its obligation to deliver the goods when it places the goods at its business premises or other designated places (factory, warehouse) for the importer to take delivery.
The Impact of Golden Tax Phase 4 on Foreign Trade Import and Export Enterprises
The most significant feature of Golden Tax Phase IV is the establishment of a comprehensive enterprise information verification system. After its implementation, businesses must strengthen tax awareness and compliance management, prudently reduce tax burdens, and mitigate tax risks.
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