1. Conclude the contract
Foreign trade companyThrough trade fairs and other ways to negotiate with the international purchaser, after signing the contract, the foreign trade branch to issue an order notice instead of a copy of the contract to notify the factory, the factory to prepare for production。
2. Accept letter of credit
In international trade, L/C is usually used for settlement, and the general practice is to wait for foreign investors to send L/C through the bank before it can be carried out。When signing the contract, it is necessary to specify the time limit, and the foreign trade company shall be responsible for collection if it fails to arrive at the expiration。
Inspection and stocking notice of foreign trade company
After opening the letter of credit, the foreign trade company will also review the letter of credit according to the original contract terms, and leave the original after review for future submission of documents for payment, and then send a copy to the factory。After seeing the letter of credit, the factory officially arranges production。After the production in the factory is ready, the delivery form should be filled in and the products should be sent to the warehouse of the foreign trade company。
After receiving the goods from the warehouse of the foreign economic and trade company, the relevant departments immediately begin to handle the shipment, including chartering, booking space, commodity inspection, insurance, document making, customs declaration, etc。
5. Customs Declaration
The customs declaration form shall be filled out by a full-time customs declarant, accompanied by relevant documents, and submitted to the Customs for supervision and inspection, and released after payment of taxes。
Document negotiation
The foreign trade company shall go through the above procedures and obtain the documents such as the ocean bill of lading, together with the original letter of credit, to the Bank of China and other foreign exchange banks for negotiation。
7. When negotiating the settlement of foreign exchange, foreign exchange banks shall remit the difference in exchange to the foreign trade company according to the purchase price of foreign exchange on the same day, deduct the handling fee, etc。
8. After receiving the foreign exchange settlement, the foreign trade company shall fill in the "Payment Statement" and pay the net amount of the factory after deducting the original prepaid shipping, insurance, commodity inspection fees and other fees and agency fees。
After the product export declaration and financial tax refund processing, the entrusted enterprise will fill in the "Export product tax refund application form" every month and ten days, and provide relevant certificates such as invoice (photocopy), and attach the "Export Product Agent Certificate" issued by the competent export tax refund department in charge of the enterprise.。
The finance department of the factory shall handle the export sales invoices, make corresponding accounting entries successively, such as payment notification and tax refund, and record them in a timely manner。