A: Units without import and export rights are not allowed to receive and pay foreign exchange under general trade, but they can receive and pay foreign exchange under small non-general trade or through overseas investment, but they also need to file with the SAFE.
Q: Secondly, if my company has the right to import and export, and a letter of credit is opened, and foreigners ask me to divide the goods into two batches (two months apart), with the amount of $5,000 each, then when I export the first batch of goods, what is the amount of the verification form? Must I declare it within two months? If so, do I need to apply for the verification form twice?
Are you talking about the export receipt verification form? Write-off forms are received in batches, and each write-off form has a number and is filed with SAFE. It must be written off within the specified time, but an extension can be applied.
Q: Third, if I want to have a Hong Kong account to receive and pay foreign exchange conveniently, do I have to register a Hong Kong company?
A: If it is necessary to collect foreign exchange conveniently, you need to register a Hong Kong company to collect foreign exchange, so as to truly achieve the purpose of collecting foreign exchange conveniently. The account doesn't have to be opened in a local bank in Hongkong, but can be opened in some domestic banks that provide offshore account business.
Q: Fourth, in my current unit, I signed a purchase contract with foreigners in the name of a Hong Kong company, and then sold it to customers in another country in the name of a domestic company (which also has import and export rights).
A: Is this the business process you are talking about? Foreign suppliers (A) sell to Hong Kong companies (B), and Hong Kong companies (B) sell to domestic companies (D), but the goods are directly transported from foreign suppliers (Korea) to the country where domestic companies' customers (E) are located. This is the re-export trade of domestic companies' D, while the B and B of Hong Kong companies are contrary to the foreign suppliers' A, and compared with the contract of Dubai customers' E. My personal guess is that Dubai customer E has opened a transferable letter of credit to domestic company D, and the second beneficiary is Hong Kong company B, so the shipper directly wrote Hong Kong company C. The advantage of this is that domestic company D does not need to generate too much capital advance in the process of operating this business, and Hong Kong companies can receive the payment more quickly. In addition, if Company B in Hong Kong and Company D in China are really one company, most of the profits can stay in Hong Kong and pay less taxes.
In the re-export trade, no matter whether the domestic company is the consignor or not, the goods do not need to enter the China customs and then go out.
Q: Fifth, the account that allows customers in Dubai to transfer money turned out to be a domestic company account. Is it for export tax rebate?
A: There is no export tax rebate. As for why domestic companies should be added instead of Hong Kong companies to sign contracts with Dubai customers, I don't know the specific reasons. I guess Dubai company has contact with domestic companies and knows them better. In order to avoid giving customers too much explanation, the contract with Dubai company was signed with domestic companies.