Why would you pay a factory an agency fee to import?

Import From China Sourcing Agents

Is it legit for the factory to request buyer pays agency fee? Mohamed in Egypt writes: I’m import artificial grass from a China company and they offer me agency for product in Egypt and declare all products will be covered. They ask for 10,000$ for agency insurance/fee. Should I pay it?   I don’t know…

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DON’T buy from China if you fit this description

Ready to Buy From China?

Buying direct from China is not for everybody. This Q&A helps manage expectations.   If you fit the description of this buyer, you shouldn’t buy in China now! Portia in South Africa writes in with the following question: Hi Mike, I am new in to buying goods/importing from China. I would like to visit China…

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What are the China inbound taxes (VAT and import duty) for building materials?

My company is a Hong Kong based SMB, decoration material supplier, representing a several overseas brands. Would like to know the import duty and VAT rate for importing Japanese/ Italian products into China for tile, mosaic and as such building material. HS codes 69079000 and 69089000.  HS code 69079000 and 69089000 have in import duty for…

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Hong Kong’s Virtual Scammers

Hong Kong Scam

AsiaBridge Law’s blog team recently published a blog about sending money to Hong Kong accounts.  Many buyers seem to be getting scammed by sending money to an account in HK but the goods are being produced in China. This right here, AsiaBridge tells us is a red flag.  Many people automatically trust this because it’s…

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Do I Get a VAT Rebate in China?

Our distributor imports fragrances into China and pays 17% VAT. How much VAT does the distributor get back once the goods are sold to retailers and how long does it takes? Thank you I am afraid that there is no VAT rebate applicable if the goods are sold in China.  But the VAT rebate does…

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What do MOB and FOB Mean?

Thanks for your email to CSIC. You asked “I need to know what the meaning of MOB & FOB. If I bought item from supplier, how about the charges of shipping? “ These are incoterms which define the point in the shipment that the ownership of the goods is transferred from buyer to seller.  FOB…

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Importing Food and Country FDA Registration Requirments.

I would like to import certain food product. However, I need to do initial registration of the food to my country’s FDA. In order to do that, there is some documentation required to process the registration. However, the food factory asked me to pay 50% down payment before they can provide me with the documentations.…

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