IMPORT COSMETICS SERVICES AT SMARTLINK
In recent years, the procedures for importing cosmetics into Vietnam have significantly improved. Vietnam has signed numerous free trade agreements to reduce import taxes to 0-5%, facilitating the importation of cosmetics. Below is a detailed guide on the latest procedures for import cosmetics services for businesses.
Procedures for Declaring Import Cosmetics
Cosmetics are substances or preparations used to come into contact with external parts of the human body (skin, hair, nails, lips, external reproductive organs) or teeth and oral mucous membranes, with the aim of cleaning, perfuming, changing appearance, protecting, or maintaining the body. To import cosmetics into Vietnam, product registration must be done with the Drug Administration of Vietnam, Ministry of Health.
Required Documents for Registration:
- Business registration certificate of the enterprise
- Product declaration form
- Free sale certificate (CFS)
- Power of attorney from the owner to the importing enterprise
- Product composition percentage
- Detailed product information
HS Code for Cosmetic Imports
The HS code is an international goods classification code used to determine import-export tax rates.
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Import Tax on Cosmetics
Imported cosmetics may be subject to value-added tax (VAT) of 10% and import taxes ranging from 10% to 27%. To enjoy special preferential tariffs, enterprises need a certificate of origin (C/O) from the relevant trade agreements.
Import Tax Calculation Formula:
- Import tax amount = Goods value x Import tax rate
- Import tax rate is based on the latest import-export tariff schedule of the Ministry of Finance.
VAT (Value-Added Tax):
- VAT amount = (Goods value + Import tax) x 10%
Customs Procedures for Imported Cosmetics
After product declaration, businesses need to complete customs clearance procedures when the goods arrive at the port.
Customs Dossier Includes:
- Import goods declaration
- Contract, invoice, packing list
- Bill of lading
- Cosmetic product declaration form
- Certificate of origin documents
Cosmetic Product Labels
After customs clearance, businesses must add supplementary labels with full information as per regulations before releasing the goods to the market.
Supplementary Label Information Includes:
- Product name and function
- Complete ingredients
- Usage instructions
- Place of manufacture
- Name and address of the company responsible for selling the product
- Weight or volume
- Manufacture date, expiration date
- Safety warnings
- Batch number
The above steps are necessary to ensure that imported cosmetics into Vietnam comply with legal regulations and are safe for consumers. We hope this guide provides you with the necessary knowledge. At Smart Link, we specialize in consulting on imports and handling cosmetics for various markets with numerous successful shipments. We provide services and solutions to help goods reach the world with a commitment to dedication, accompanying customers. With over 13 years of experience in the transportation sector, we pride ourselves on being a reputable and professional entity.
Hotline: + 84 935 766 039 to know more about our services
If you require assistance with international import and export of goods, please contact our team at Smartlink Logistics. We are available to provide you with professional guidance on our services and the necessary customs procedures.
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