Collect foreign exchange first, and export the goods within 30 days after receiving foreign exchange. Do I need to make an estimated foreign exchange receipt?
Answer: Hello! According to Article 37 of the Detailed Rules of the State Administration of Foreign Exchange, an enterprise shall, within 30 days from the actual date of the import and export of goods or the receipt and payment of foreign exchange, submit the expected date of receipt and payment of foreign exchange or the date of import and export and other corresponding information to the local foreign exchange bureau through the monitoring system: (1) The advance payment exceeds 30 days (excluding); (2) Deferred payment for more than 90 days (excluding); (3) Import trade financing such as forward letters of credit with a term of more than 90 days (excluding) (including extension) and overseas payment; (4) Class B and Class C enterprises have received advance payment, advance payment and deferred payment for more than 30 days (excluding) within the validity period of classified supervision; (5) Business in which the interval between receipt and payment of entrepot trade under the same contract exceeds 90 days (excluding 90 days), and the amount of foreign exchange received under one payment and the amount of foreign exchange paid under one payment exceed the equivalent of $500,000 (excluding $500,000); (6) Other matters that should be reported. According to your description, your company exports goods within 30 days from the date of advance payment, which belongs to advance payment within 30 days, and there is no need to make an advance payment report. If you have any other questions, please continue to ask questions on the e-port government consultation platform in Zhejiang. Thank you!