Are you willing to start foreign trade business?

Please look around your friends and relatives, business is simple and ubiquitous.

In fact foreign trade is one mode of business and the difference is the customer is located in foreign countries. Now many Chinese sold some native products to foreign customers through UPS, DHL, Fedex or other transportation companies delivering the goods.

Such business may be growing into large amount of foreign trade business in bulk orders.

But you need some preparations for foreign trade:

First, you need to obtain import and export authorization.

Second, you need to prepare goods supplies; you could manufacture products on your own or purchase products in your own country.

Third, you must have certificate issued by Importing and Exporting Production Inspect and Quarantine Administration.

Fourth, you must have customs clearance authorization.

Fifth, you should open issuing bank and receiving bank so you can receive the foreign customers’ payment in the bank.

Sixth, you should have resources of international transportation logistic companies.

Seventh, the Business foreign exchange receipts and expenditures need to be declared to Foreign Exchange Administrations and then you can process payment, which complies with the principle, “declare first, then payment”.

Ninth, you should make a statement of dutiable goods to tax bureau.

If you did not have total authorizations or you do not have so much resources. You can go to IBUonline homepage to register as a member, and then you can think about the foreign trade entrustment service which is a paid service.