What do I need to know before importing from China?

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What do I need to know before importing from China?

Importing from China: A Step by Step Guide

  • Identify your import rights.
  • Identify the goods you want to import.
  • Ensure the goods you wish to import are permitted into your country.
  • Classify your goods and calculate the landed cost.
  • Find your supplier in China and place an order.
  • Arrange your cargo transport.

How do I import goods from China to Kenya?

How to import goods from China to Kenya

  1. Find out long it takes to ship goods from China to Kenya via different methods.
  2. Determine what items you need to import.
  3. Find and work with the best supplier.
  4. Get more information about your product(s)
  5. Work with a clearing agent.
  6. Ensure you have all the documentation.
  7. Make your order.

How can I import goods from China to Bangladesh?

  1. Get an import license from government of Bangladesh.
  2. Open a business account in a commercial bank.
  3. Prepare the list of items which you want to import.
  4. Go to internet to see which companies in China sell those items for export.
  5. Agree with their invoice and hold an onsite inspection of products.
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Which products are banned to import from China?

The following items are prohibited from entering China: arms, ammunition, and explosives of all kinds; counterfeit currencies and counterfeit negotiable securities; printed matter, magnetic media, films, or photographs which are deemed to be detrimental to the political, economic, cultural and moral interests of China; …

Do I need a VAT number to import from China?

When importing from China, importers must pay VAT on top of the total sum of the Customs Value and the Import Duty. If you’re VAT registered, you must pay the VAT, but you can claim it back through your standard VAT return. You’ll usually receive a C79 certificate from HMRC to prove you’ve paid import VAT.

What’s good to import from China?

Here are the most popular and the best products to import from China:

  • Clothing.
  • Electronics.
  • Plastics and articles made of plastics.
  • Accessories.
  • Small kitchen appliances.

How do you clear goods in Kenya?

Goods Clearance Process

  1. IDF Lodgement & Processing. The importer on obtaining the pro-forma invoice shall engage a licensed clearing agent to lodge an import declaration form.
  2. Entry Declaration, Payment of Taxes and Processing.
  3. Verification and Other Enforcement Measures.
  4. Clearance and Release.
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What is the shipping cost from China to Bangladesh?

For a 10 kg parcel, you will have to spend USD 381.15 to use “express service” from China to Bangladesh. And for a 70 kg parcel, the shipping cost from China to Bangladesh would be USD 1,696.00 only. For an additional weight over 70 kg, you ought to pay USD 24.2 per kg.

Is Alibaba available in Bangladesh?

Foray into Bangladesh May 2018 – Alibaba lands in the e-commerce space of Bangladesh. It snaps up Daraz, a major e-commerce player in the country. March 2021 – Alibaba enters the food delivery scene in Bangladesh with the acquisition of Hungary Naki via its local arm Daraz Group.

Can we import from China to India 2021?

After the applying VAT/CST Registration for the Import or Export Goods in India you need specially one license from the DGFT Department i.e is called IEC Code. its also required a Current bank account on your Company name which is possible only after the Incorporation of your legal entity in India.

How do you check the quality of a product before shipment?

If you want to check 100\% of production (once it is over), piece by piece inspection in the factory might be a good idea. You basically set up the final quality control line in the factory, with inspectors that are not on the manufacturer’s payroll. The defect rate in the shipment is very close to zero after this 100\% check.

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Is importing from China a good idea?

Importing from China has proven a successful tactic of global sourcing for many businesses. Products made in China such as shoes, clothing, electronics, furniture, home furnishings and many more are popular worldwide. However, it is not an easy task, especially for the newbies.

Is it safe to buy from China?

Don’t do it. China is an incredibly safe country (the 32nd safest in the world). It has a strong legal system and being scammed is very rare. Your primary concern will be ensuring quality products. Chinese factories won’t steal your money but they may send your inferior quality products.

How do I pay taxes when importing products to China?

Pay through your shipping company, which will pay in advance and require payment before the final delivery of the products. The following three types of taxes are applicable to companies importing products from or exporting products to China: customs duties, value-added tax and consumption tax.