Import&Export License Application in China
Conducting International Trade Legally
Leveraging abundant resources, well-developed infrastructure, and relatively low labor costs in China, foreign enterprises can enhance the competitiveness of their international businesses. This has also made China one of the largest trading nations in the world.
Foreign investors are coming to China to engage in import and export business. However, meeting the compliance requirements has become an important factor. Partner with Asomerit Consulting to apply for an Import and Export License and start operating compliantly!
Easy and Fast Import & Export License Application
All companies engaged in import and export business in China must hold an Import & Export License. This legal qualification granted by the Chinese government allows businesses to participate in international trade, covering everything from the import/export of goods to customs declarations and inspections. Having this license is crucial for legally conducting cross-border trade.
However, there is often a confusion between an Import & Export License and a Product Import/Export License. Let’s clarify the differences:
- Product Import/Export License: This certificate applies to specific controlled products (e.g., “dual-use items” or technologies that can be used for both civilian and military purposes) and requires government approval before the products can be imported or exported.
- Import & Export License: This is a certificate granted to a company, allowing it to engage in international trade and import/export activities. The Import & Export License is a company's "qualification and legal standing" to operate in international trade.
In this page, Asomerit Consulting will guide you on how to apply for the Import & Export License for foreign-invested enterprises. If you need assistance with specific product import/export licenses, feel free to contact us!
Here’s how Asomerit Consulting can assist you with the application process for your company’s Import & Export License.
Step 1: Business License Application
To engage in import/export business, your company must first be registered. Make sure that your business scope includes “goods import/export, technology import/export, or agency import/export.” If your existing Business License does not cover these activities, you will need to amend the business scope through a business license amendment.
Step 2: Customs Consignee and Shipper Record Registration
After successfully registering your company, we will proceed to register your company as a consignee and shipper with China Customs. This step is necessary to receive a Customs Registration Number, which is essential for all future import/export activities and customs clearance.
Step 3: Electronic Port Card Application
An Electronic Port Card is the key to accessing China's Customs, Inspection and Quarantine, and Foreign Exchange Administration systems. Once your company has obtained the Electronic Port Card, you can use it for customs declarations, foreign exchange settlements, and customs inspections. Asomerit Consulting will assist you in applying for and acquiring the Electronic Port Card through the China Customs system.
Step 4: Foreign Exchange Registration
Once the above steps are completed, we will help your company register foreign currency exchange. This allows you to set up a foreign exchange account for cross-border payments and transactions. At this point, you will be able to conduct international trade activities legally.
Step 5: Export Tax Refund Registration
If your business involves exporting goods, you may be eligible for export tax refunds. If your company is only importing goods, this step is not necessary. However, if you are involved in export activities, we will assist you in maintaining proper documentation for tax refund applications. somerit Consulting also offers Bookkeeping Services to ensure seamless operations and accurate tax filings for your business.
Frequently Asked Questions
You have Questions, and Asomerit has Answers. If we don't cover all your confusions, just let us know!
The process of an Import & Export License application typically takes around 2-4 weeks.
Yes, once you have obtained the Import & Export License, you are legally permitted to engage in import and export business through any port in China.
Dual-use items and technologies refer to goods, equipment, technologies, or materials that can be used for both civilian and military purposes. These items have a dual-use nature, meaning they can be employed for peaceful, civilian applications, such as in commercial or industrial fields, but can also be adapted for military use in times of war or conflict.
For example, some communication devices, satellite technologies, computer software, and chemicals are used for both civilian activities and military operations, making them subject to international regulations and export controls to prevent misuse.
Governments impose strict controls on the export of dual-use items to ensure that they are not diverted for military purposes or used in a way that could threaten international security.
The Foreign Exchange Administration has delegated the authority for registering trade foreign exchange receipts and payments to individual banks. Therefore, you can directly apply for the opening and registration of a foreign exchange account at the bank where your company's account is held.
What Our Clients Say
James Hamilton
My company was successfully incorporated in Shenzhen in just 5 days and my China work visa was also approved much faster than expected. Asomerit's efficiency was impressive, and their professional attitude gave me complete peace of mind.
Sean Gleason
With Asomerit's help, I opened my Hong Kong company and bank account, and outsourced daily bookkeeping and accounting at a reasonable price. They were extremely helpful and resolved all my problems during the whole process. I would highly recommend Asomerits' team to all without hesitation.
Jane Collins
My first attempt to apply for a work visa with my employer in China failed due to incomplete paperwork. When Asomerit took over, they immediately provided a full material checklist and reviewed all the documents carefully before submission. Their English-speaking consultants helped both my employer and myself with a clear explanation of what needed to be done. I finally got my visa before my contract started. I was very satisfied about Asomerit's services and have recommended them to my colleagues for China work visa support.
Thomas Carter
Asomerit Consulting got my China company registered in just 2 weeks, and I didn’t even need to fly over. Now I actually have time to find customers instead of drowning in paperwork.
Need more information or help?
Contact Asomerit today to get fully-guided and hassle-free WFOE formation services.