Riding the Waves of Global Trade: China’s Export Boom Signals Change, but Domestic Demand Lags Behind
In the fast-paced world of global trade, China’s economic pulse often sets the rhythm for economies worldwide. Recent developments in
Importing goods from China has its own specifics and one of the important points we advise you to pay attention to is related to the passage of goods through customs, including the charging of customs duty and VAT on them. Our experience so far has shown us that very often customers have concerns related to the preparation of the necessary documentation, as well as the release of the goods from customs.
Trendystock is an intermediary with a wealth of expertise. In order to make it as easy as possible for our customers, we offer full import assistance from China. Our customs clearance services will give you peace of mind and save you effort and valuable time that you can put into growing your business.
Trendystock offers customs clearance services for all our customers in Bulgaria and the European Union. We will assist you in clearing customs on your order from China, helping you prepare all the necessary paperwork.
As a professional Chinese broker, we will make sure that your shipments are always accompanied by the necessary set of documents to ensure their smooth passage through customs. In general, the documents required for import from China are invoice, bill of lading, packing list. In cases where you are using air cargo or express courier companies, the customs authorities may also ask you for the payment order for the specific invoice.
When it comes to the customs clearance of goods from China, and in particular the payment of value added tax (VAT) and customs duty, the procedure for Chinese goods is not very different from any other. What you need to bear in mind is that each type of goods has its own tariff code, which can be used to check what percentage duty it will be subject to on import. As for VAT, the tax rate is fixed at 20%. It is important to note that VAT is charged on the total aggregate value of the goods (this includes the invoice value of the goods + transport costs + insurance) and the duty already charged on it.
Trendystock Agency offers our clients assistance in importing Bulgarian or foreign goods into China. The country is currently one of the largest consumer markets globally and offers an excellent opportunity for the development of foreign brands. In case you have a final product that you want to import and market in China, you can trust Trendystock’s experience and expertise.
You should be aware that customs requirements for imports into China are many and varied. In most cases, the goods must be accompanied by a large number of documents ranging from the composition of the material, various types of sanitary certificates, etc.
All these requirements and procedures sound daunting and can be a hindrance to your business, especially if you have no previous experience of importing into China. With Trendystock’s services, you’ll get customized solutions to help you run a successful business and sell your goods in the Chinese market.
Our team will fully assist you with the preparation of the necessary documentation
We expedite the customs clearance process to ensure your goods arrive on time
We are familiar with current customs regulations, ensuring your shipments meet all requirements
In the fast-paced world of global trade, China’s economic pulse often sets the rhythm for economies worldwide. Recent developments in
Importing products from China has long been a go-to strategy for businesses worldwide. While it offers numerous benefits, it also
China is one of the world’s largest exporters, and many businesses around the world rely on Chinese manufacturers for their