Importing from China has become a fundamental necessity for many companies in Latin America. The truth may sound simple, the issue of importing, however, can become somewhat more complex. Some of the most common problems are: long transfer times, due to distance or compliance with customs requirements. Coupled with some logistical problems that can cause impressive delays. In addition to having to purchase large loads, it can make importing from China a nightmare.
Working with the correct suppliers will avoid fraud, extortion, unfair treatment, delays, damage to merchandise, etc. There are various requirements that must be met to make the process a success. Therefore, each company must guarantee that its variables find the balance that favors operation, to help them achieve that stage. On this occasion we present 5 fundamental aspects to achieve a successful import from China.
Tariff classification is necessary to determine the special requirements or taxes to which certain products are subject. It is used to identify whether a product to be imported must cover a tariff or only 16% VAT. It is crucial since thanks to this it is possible to project a global import cost that will allow the budget to be optimized.
2. Determine product characteristics
In addition to investigating the type of product and market for which your import will be destined, it is essential to know aspects related to the merchandise. For example weight, shipping cost, type of special packaging, etc. This is with the intention of identifying all the necessary requirements from the beginning of the process. In addition to avoiding fines or extra expenses during the customs crossing of your goods.
3. Certificate of origin
The certificate of origin is a very important document that allows you to identify the origin of the goods. There is a type of certificate for each need, since within the trade agreements signed by Mexico there are different aspects from each other. Therefore, having this document can facilitate the passage or completely stop the flow of a load.
4. Customs order
More than a procedure, a Customs order is a protection that the authority and the Law offer to importers. It is an authorization that the importer grants to the agent and the agent with him has the power to access or process documents in his name.
5. Extra formats if necessary
On some occasions, depending on the type of merchandise to be imported, it may be necessary to annex, for example; commercial invoice, proof of payment, proof of transportation costs, insurance and increases. This must be done to comply with the regulations of the Customs law. Failure to comply with this requirement can stop your cargo so the impact to your supply chain can be significant.
China is a country that is very attractive for importing all types of products to all of Latin America. At the same time, its import process requires greater advice, especially when it comes to moving large volumes. Likewise, language presents a barrier to entry.
For this reason, our international logistics expertsAPR Cargo GroupWe are ready to provide you with the best fully personalized support at any time; If you require more information about importing from China or another service, we will be happy to help you.