How to receive foreign trade orders?

First of all, you need the ability to take orders. The most important thing is to find a reliable supplier to provide products for you. This is your backing. Only with strong backing can we win foreign trade orders. Because you are not a manufacturer, it is better for your supplier to be a manufacturer. The manufacturer can issue a VAT invoice and provide some paper materials you need for tax refund later.

Secondly, we should be quite familiar with the process of foreign trade, how to reply to customers' inquiries, how to quote, how to make proforma invoices, contracts, boxes and so on. And customs declaration materials, contracts, invoices, boxes, consignment, customs declaration power of attorney, customs declaration form, declaration elements and so on. These are the most basic operations.

Registered company. If you want to refund the tax on foreign trade orders, you must go to the corporate account, so you need to register the company. This is very important, otherwise you can't operate it unless you take the order and give it to other trading companies or manufacturers with export rights, and only take the corresponding ones yourself. But it's not good for you. This is basically a one-time transaction. Customers can skip you and work directly with them.

Open a personal foreign exchange account or Hongkong and offshore account. If customers want to remit money to you, you need to have foreign exchange or offshore account to accept remittances in different currencies. Of course, most of them are dollars, if not, there is no way to collect money. So this also needs to be prepared. Without this account, you can only let others accept it, provided that the customer and you have special trust. Not suitable for first-time customers.

Familiar with the bank. After receiving the foreign exchange, the bank will inform you that the foreign exchange has arrived. At this time, you should be prepared to settle foreign exchange. It is usually necessary to compare the signed contract (English version) with the customer information on the remittance information issued by the bank, print it out and take it to the bank for settlement. Only in this way can the received currency be converted into RMB, so as to carry out the follow-up work of paying the down payment or the final payment to the supplier.

Summary: There are many things for an individual to do after receiving a foreign trade order, which is much more complicated than doing foreign trade in a company. Not only should you be familiar with the foreign trade process, but you should also worry about the collection and settlement of foreign exchange, as well as the payment of cooperative manufacturers, and there are many invisible things. Some companies are particularly complicated and need annual inspection, as well as handling and verification of various business licenses. So make sure you are ready for all this.