Q&A about Import & Export Right of China Trading WFOE

Application for import & export right/license of trading Wholly Foreign Owned Enterprise (WFOE/WOFE) in China can be called a necessary certificate of China trading companies. Many enterprises have a smattering knowledge of the policies and laws related to import & export right certificate of China trading WFOEs, today, we simply share the experience with you about several conditions the enterprises often encounter and hope to help the entrepreneurs!

No.1 Q: Our company did not apply for import & export right at the beginning, but now plans to carry out international trade, how shall we additionally apply for import & export right?

A: If you want to engage in foreign trade business, you must apply for import & export right. Although you can look for a foreign trade agency, we sincerely do not recommend you to do so since it only throws more money away and the profit is taken away by the others, you’d better to apply for import & export right, which is once for all. However, the formalities of handling export rebates are tedious and complex, if you are not familiar with the process, you’d better find an agency so as to avoid waste of unnecessary time and manpower. 

The process of applying for import & export right is as follows:

• Handle the filing registration formalities for foreign trade operator with the foreign trade and economic cooperation department to obtain the import & export qualification.
• Add the operation scope “import & export of goods, technologies and agency for import & export” with the industrial and commercial bureau.
• Register in the Customs and enter the Customs system to obtain the Customs import & export code for use of customs clearance in case of import and export.
• Carve a “Special Seal for Customs Clearance”.
• File with the Entry-Exit Inspection and Quarantine Bureau and obtain the quarantine filing code.
• File and handle approval of IC card in the China E-Port Data Center, Hangzhou Branch, network the data of several departments such as customs department, quarantine department, State Administration of Foreign Exchange and State Administration of Taxation for use of import payment and export application verification sheet, foreign exchange collection and tax reimbursement.
• Obtain the permit for opening foreign exchange account in the provincial administration of foreign exchange and file for export.
• Handle formalities for tax reimbursement registration in the provincial SAT

No.2. Q: Is it required to pay any expenses for applying for import & export right?

A: The formalities for applying for import & export right are extremely tedious and complex, and generally, various expenses sum up to be several Thousands Yuan, which differs, we suggest that you’d better apply for and handle through an agency, which is worry-free and convenient, and you can input more efforts to developing company business.


No.3. Q: What qualifications does application for import & export right require?

A: The following are the conditions to be possessed by the enterprises for applying for import & export right (with no limit on registered capital, and small-scale taxpayer can also apply):
1. Has obtained business license;
2. Has handled tax registration with the SAT and local taxation bureau and legally pay taxes;
3. Has handled organization code certificate.