AboutEast Sourcing Co Ltd Expertise How to sourcing something from China? How to audit factory? How to get a better offer from China factory? How to make sure my goods has been sent on time? How to open a office in China? How to find a engineer in China? Where to get the new design products? Where to find a chinese product designer? How long time will take to sourcing from China?
Experience From 1997 to 2008,we have long experience for sourcing products for different clients,such like industrial parts&material,electronic products...
Organizations East Sourcing Co Ltd www.EastSourcing.CN
Education/Credentials Hunan University(China) computer science
Shenzhen University(China) business administration
Past/Present Clients Shenliang tech Co Ltd
Kecotech
Huayi design Co Ltd
Sangtian tech Co Ltd
USBbid USA Co Ltd
Question Dear Sirs,
We are a British company with factories in China (joint ventures were we are majority owners)selling globally.
When deliving our customers all administarion is done by us here in the UK, meaning customers send purchase orders to us, we send the manufactured goods from our factories in China, and finally invoice them from the UK.
Our customer in Thailand claim that they cannot benefint from the ASEAN free trade agreement (giving them lower import duty) using "Form E" as long as we do the admin from the UK. They claim they must deal direct with our Chinese factories. Is that really correct? Our Chinese factories dont even have the facilities to do admin internationally.
Thanks in advance for a reply
Best regards
Johan
Answer Hi Johan,
ASEAN(Association of Southeast Asian Nations) sets a lower import duty for their members for a lot of goods. Thailand and China are their member. So if your product is in this list and your business is between them that your client could try get lower import duty.
As you have factory in China that you could use your factory name and license to do this exporting business with them to let them get lower tax rate.
But if your factory don't know how to do the procedures, you could ask them to hire an exporting agent to complete it.