Export cost accounting is a systematic analysis of all costs of foreign trade enterprises to determine appropriate quotations and assess risks. This process involves the calculation of direct and indirect costs, logistics, taxes, customs fees, and other related expenses, which helps enterprises formulate export strategies and achieve profitability.
The following are eight common foreign trade payment methods: T/T Telegraphic Transfer, L/C Letter of Credit, D/P Documents against Payment, D/A Documents against Acceptance, O/A Open Account Payment, Escrow Service Confirmed Payment, Paypal Online Payment, Western Union Express Remittance.
As the foreign trade environment grows increasingly complex, export enterprises may face third-party impersonation fraud risks when seeking new orders. This article analyzes an actual fraud case to demonstrate common characteristics of such fraud and provides corresponding risk prevention strategies for exporters.
Deeply explore the concept of cut - off in foreign trade, analyze its core position in the cargo export process, and how to ensure the smooth completion of customs declaration and release work before the cut - off time, so as to avoid additional costs and maintain business reputation.
Since 2023, the General Administration of Customs has refined the management of the entry and exit of special items, involving risk classification, new CIQ codes, and detailed approval processes. This article provides a detailed interpretation of what special items are, their risk level classification, and how to handle the approval of entry and exit of special items.
The article explores the risks of trading with entities on the US SDN list. It clarifies the differences between secondary sanctions and primary sanctions, and presents the reputational, legal and economic risks that may arise from trading with sanctioned entities. It is recommended that enterprises conduct a full - fledged risk assessment and consultation before cooperating with sanctioned entities.
In international trade, the FOB trade term is widely used, in which the buyer is responsible for chartering ships, booking shipping space, and paying freight. However, in recent years, operational and ethical risks of the buyer - designated freight forwarders have occurred occasionally. This article deeply explores the risks under this trade mode and the coping strategies of export enterprises.
The Office of Foreign Assets Control (OFAC) of the US Department of the Treasury maintains and enforces multiple sanctions lists to ensure the implementation of the countrys foreign policy and security objectives. These lists include the Specially Designated Nationals List, the Foreign Sanctions Evaders List, the Sectoral Sanctions Identifications List, etc., aiming to restrict transactions and activities with the listed individuals, entities or organizations.