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|If you want to import products from China there are numerous websites on the Internet that can help you contact the manufacturers in China. Most of these suppliers are from the mainland of China. It can also be helpful to establish direct contact with prospective suppliers by visiting trade shows. Here is a guide to importing from China.
The first thing that you should do is determine what products that you want to import. Then determine if those products are subject to any custom duties or valorem. These duties can run from more than 40% to zero and are built into the cost of sale of the products. Find out if the products that you want to import are required to have an import license. There are only some products that are required to have a license such as medications. You’ll then have to register with the appropriate revenue service. This registration process is relatively fast and easy and the form is available on the Internet. You will have to provide your importer code on all of your import documentation.
Determine if your selected products are required to have a permit in order to be exported from China. Your supplier can handle this issue www.cheapsneakersnew.com , but, you should have too much information rather than too little. You will have to select a clearing and a forwarding agent. Most larger businesses will act as both clearing and forwarding agents. The clearing agent is responsible for the applicable customs inspection, for paying any customs duties and excise, the customs VAT, and for getting the cargo through customs. Obviously, since you are the importer are liable to reimburse the clearing agent for all these costs in addition to any other fees. The forwarding agent will handle the shipping of products to the destination from the port of embarkment. You should select a Chinese forwarding agent. You are required pay to the forwarding agent the currency fluctuation fees, fuel surcharge fees, shipping and perhaps some other small fees such as an agency fee. You should be careful when selecting clearing and agents because they play a very important part when importing from China.
You need to determine how you want to insure your products while they are being shipped. Your clearingforwarding can probably cover under their insurance. This might or might not be more favorable than you buying your own insurance.
You should learn as much as you can about potential suppliers. Unless you are planning to import large quantities of products from one factory, it usually isn’t viable to deal directly with the manufacturer. You should do a complete background check on the potential supplier. Check on the authenticity of the potential supplier’s telephone number and address and request a copy of their business license. You should also request a copy of the potential supplier’s certificate of importexport authority. You should verify the potential supplier’s international trade experience. Check for their references and verify them. Ask for a sample and check on the quality of the product.
Create an order and get a packing list and an invoice from the supplier. Get a quote from your clearing and forwarding agent. They will need to know the value in US dollars and the volume and the weight of the shipment to be able to quote you.
After you have determined a payment method you will have to pay the supplier. Usually, you should involve the banks and pay with a letter of credit which stipulates that the supplier is to receive the payment only after the goods are on board in the port of embarkment for larger, first time imports. You can expect to have to pay in advance. Payments after 60 to 30 days of the statement might come into play after many years of importing from the same agent or supplier.
Send the instructions and documents to your clearing and forwarding agent.
After your products are delivered, make sure that all of the parcels have been received without any visible damage and that the seal on the container is intact, especially for sea shipments. Then carefully check on the contents inside and compare it with the supplier’s invoice.
Practically anything can be imported from China such as laptop computers, cell phones, and inexpensive T shirts. Importers from China have two problems which are the problems with the quality of the products from China and the abundance of the red tape. For beginning importers, China is a very large industrial powerhouse that can be very rewarding. But, because it is an emerging markets it is susceptible to growing pains which means you should be extra careful when evaluating products and selecting a supplier. You should do a considerable amount of research. Prior to any money changing hands you should be confident that everything is above board and well.
Click here for more information about importing from China and china phones.
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