There were frequent major events in the cross-border sector in June, and each of the three key signals was directly linked to the profits of cross-border e-commerce.
Signal 1: “Tax refund upon departure” for overseas warehouses is officially implemented
The State Administration of Taxation has issued new regulations, and tax refunds can be applied for goods leaving the country. The implementation of this policy has brought great convenience to cross-border e-commerce.
In the past, tax refunds had to wait 3 to 6 months, and the return of funds was slow, which put a certain amount of pressure on the company’s capital turnover.
Now, as long as the overseas warehouse is compliant and there are no problems with customs clearance, companies can apply for tax refunds in a timely manner.
However, companies cannot take it lightly. If there are compliance issues in overseas warehouses or errors in customs clearance, even if the tax refund is obtained, it may not be able to offset the inspection fine.
This requires companies to strictly control the operation and customs clearance procedures of overseas warehouses to ensure compliance with relevant regulations.
Signal 2: The signal of increased tariffs in the United States is strong
The United States is considering imposing tariffs of up to 100% on EU products. This move will heat up trade protectionism.
For Chinese cross-border goods, this undoubtedly increases the difficulty of exporting.
In the past, some companies reduced costs by under-declaring, mis-declaring coding, etc. However, with the tightening of U.S. tariff policies, the risks of this approach are increasing, and compliance customs clearance has become the only way out.
Enterprises need to declare product information more accurately and ensure the correct use of HTS codes to avoid unnecessary losses.
Signal 3: A major reshuffle of drop shipping in overseas warehouses
North American drop shipping orders have shown a growth trend of 39.7%, which shows that market demand is constantly expanding.
However, there is a 21.6% gap in compliance warehousing capacity.
The market is growing, but the number of reliable service providers is decreasing.
This means that companies need to be more cautious when choosing overseas warehouse dropshipping service providers.
If you choose the wrong warehouse, you may face problems such as warehouse liquidation and lost items during peak seasons, which will seriously affect the company’s customer experience and profits.
Faced with these changes, Yuntuo Cross-Border Logistics gave some suggestions.
This logistics company focuses on US routes and has its own customs clearance agency. Through HTS coding pre-audit, it can help companies avoid pitfalls from the source.
The damage rate of its professional packaging is controlled within 2%, and it can also handle issues such as returns, inspections and refurbishments.
The visualization of 15 nodes throughout the process allows companies to clearly know the location of goods.
Drop shipping from U.S. warehouses ensures that even in the peak season, the warehouse will not be liquidated or lost.
In short, policies are constantly changing, and compliance is always the key to cross-border e-commerce.
When an enterprise chooses the right logistics partner, it is like building a solid moat for its own profits.
In the current market environment, companies need to pay close attention to policy dynamics, actively respond to challenges, and seize opportunities in order to achieve better development in the field of cross-border e-commerce.
