UNDERSTANDING THE PROCEDURES FOR IMPORTING GOODS FROM CHINA AT SMARTLINK
Importing goods from China has become a highly profitable industry. But what are the steps involved in the import procedure from China, and is it complicated? Let’s explore this with SmartLink through this article!
Benefits of Importing Goods from China for Business
China is known as the world’s factory, producing a wide range of goods at very low costs. You can import directly from factories at preferential prices. China has advantages in abundant labor, available raw materials, and advanced production technology, producing various items from electronics and furniture to fashion. Furthermore, Vietnam shares a border with China, making the import and transportation of goods more convenient. Border markets along the border also sell many types of Chinese goods.
Procedures for Importing Goods from China
The import procedures from China are quite simple. To import goods from China to Vietnam, you need to prepare the following documents:
Foreign Trade Contract (copy) This is a contract between the buyer and the seller from two different countries. It is a mandatory document in the customs dossier.
Commercial Invoice (original) This invoice specifies the characteristics of the goods, total value, delivery conditions, and payment method. It is also the basis for tax calculation when clearing customs.
Packing List (original) Also known as a Packing List, it details the items and how they are arranged.
Bill of Lading This confirms that the transportation contract has been signed and specifies the content of the transportation contract.
Certificate of Origin (original) This proves that the goods have a clear and legal origin concerning customs and legal regulations.
Important Notes When Importing Goods from China
- Apply for Import License: Check if the goods require an import license, and apply for one if needed.
- Check Goods Quality: Ensure the goods meet quality standards to circulate in the market.
- Choose a Transportation Method: Select the appropriate unit and method of transportation (air, road, sea).
- Purchase Insurance (if needed): For high-value or risk-prone goods, it is advisable to purchase insurance.
- Complete Customs Procedures: Pay attention to HS codes and tax rates to be paid, and you may apply for early release of goods or deferred documentation if needed.
- Confirm Payment: Carefully check the contract and payment method to avoid risks.
The above information about importing goods from China is what SmartLink wants to share with you. We hope this article is helpful to you. 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.
SMART LINK: BEST SERVICE BEST YOU