Showing posts from June, 2017

Import From China

TenTips to Source your Products from China
Tip 1: Verify your Supplier
The numbers of manufacturers and suppliers in China is endless and the efficiency, quality and legitimacy between them vary significantly. Therefore, it is important to verify your supplier before you make a payment. Do not get impressed by a professional website and rankings on Alibaba. There is only one way to properly verify a business in China and that's through a local government office, which will check the manufacturer’s business registration, the annual turnover and its trading history. However, this could be difficult without being fluent in Chinese and without being on-site. Furthermore, in order to not get ripped off, it is essential to transfer all payments to an official bank account of the registered factory or a trusted intermediary and never to individuals or unions in China.

Tip 2: Get someone on the ground in China
There are countless Chinese manufacturers so they often try to cheat you, as the…

China Wholesale

China Wholesale Tips 

China importing is a major opportunity for those that know the formula as it is the manufacturing capital of the world. There are so many factories in China so it can be a complicated process if you don’t follow the right advice. These are of risks when sourcing from China as there are a variety of qualities available which can lead to sub standard products.  With the right guidance, these pitfalls can be avoided.
When sourcing from China you can rely on verbal agreements as communication errors in China can lead to very costly mistakes. It is imperative that you have everything in writing and create contracts with all parties when importing from china. It is advisable to get legal assistance so that the contracts are legally binding.The law is different in China so you need a lawyer with knowledge of the Chinese market to avoid costly mistakes. Contracts in China don’t always have as much power as they do in the western world, but having an airtight contra…
Import From China To Australia
ChAFTA has made it easier and more profitable to import from China to Australia. It was introduced in 20 December 2015. On this day 7,289 individual Chinese tariffs were cut, 1,710 tariffs were eliminated completely and 5,579 had their first of several cuts. There was a free trade agreement portal set up to help Therefore, it has never been a better time to import from china but there are a few things to consider first.
Duties and licenses
Most goods imported into Australia don’t need a permit or a license except pharmaceutical goods, weapons or any goods that need quarantining. All goods need to pass through customs regardless so the quality is expected to meet Australian standards. This is why you need to take levies, GST, and customs duties into account before importing. When the value of your imported items is less than $1000, you don’t have to pay any duties. But you will have to pay a duty amount at customs if the ove…