一、代理輸出Is it mandatory to receive foreign exchange through an agency company's account?

According to the latest foreign exchange administration regulations of 2025,All proceeds from export agency business must be settled through the foreign-exchange account of the agency company.. The operating procedure includes:

• Sign a formal agency agreement (must include a clear clause on foreign-exchange collection liability)
• The agency handles foreign-exchange settlement based on the export customs declaration.
• After the bank verifies the authenticity of the trade background, the funds are credited to the account.
• After deducting the service fee, the agency transfers the remaining amount to the factory.

Special attention required: Starting in 2025, the State Administration of Foreign Exchange mandatesThe agency agreement must be filed for the record., and the payment and receipt information must be matched within 30 days after the goods are exported.

II. How do the compliance requirements differ across various methods of receiving foreign exchange?

Key Compliance Points Comparison of Major Remittance Methods in 2025:

• Wire Transfer (T/T)
  • A complete chain of trade documents (contract/invoice/bill of lading) must be provided.
  • For any single transaction exceeding USD 50,000, the "Export Proceeds Collection Statement" must be submitted.
• Letter of Credit (L/C)
  • The issuing bank must be verifiable within the SWIFT system
  • The presentation period is shortened to 21 days after the goods are exported.
• third partyクロスボーダー決済
  • The annual foreign exchange income shall not exceed USD 5 million.
  • Proof of alignment between payment platform cash flow and goods flow must be provided

III. What tax treatments are involved in the collection of foreign exchange through export agency?

Key Tax Handling Points for 2025:

• The agency is required to make the payment on behalf of the client.0.13% value-added tax(Export Service Fee Section)
• The factory can proceed with the formalities normally on the basis of the agency agreement.輸出稅還付
• Foreign exchange held for more than 180 days must be repaid.6% withholding tax on income
• Cross-border RMB receipts must be declared separately.Cross-border payment and receipt information

Case: A garment factory received USD 3 million in export proceeds through an agent but was required to pay an additional USD 180,000 in income tax for failing to complete foreign-exchange verification in time.

IV. How to guard against the financial risks of entrusted foreign-exchange collection?

Three Key Elements of Risk Prevention and Control for 2025:

• Account Segregation: Physical segregation of omnibus accounts and proprietary accounts
• Time Limit Control: The transfer process must be initiated within 7 working days after receipt of the foreign exchange.
• Credential Management: Retain the complete bank receipt and proof of fund flow

It is recommended to adoptBlockchain Trade Finance PlatformConduct fund tracing: by 2025, 23 banks have already been connected to this regulatory system.

5. What is the specific operational procedure for foreign exchange verification and cancellation?

2025 Four-Step FX Verification Method:

• Step 1: In15 days after the goods are exportedsubmit the write-off application within
• Step 2: The bank reviews the documents that prove the authenticity of the trade.
• Step 3: The SAFE system automatically matches the declared customs amount with the received foreign exchange amount
• Step 4: ObtainElectronic Verification Form(Validity extended to 180 days)

Note: Starting in 2025, paper verification forms will be discontinued; only digital certificate authentication will be used.

VI. How to Handle Common Issues in Commissioned Foreign Exchange Collection?

Question 1: Can the agency company make payment on behalf of the purchaser?
Strict differentiation of the nature of funds is required, as clarified by the 2025 new regulationsProhibition on making non-trade-related payments on behalf of others」でした.

Question 2: How soon must foreign exchange be settled after it arrives?
In principle, foreign exchange may be held for 180 days, but it is recommended towithin 30 daysComplete the settlement to avoid exchange-rate risk.

Question 3: Is declaration required for small foreign-exchange receipts?
Transactions below USD 5,000 per transaction are exempt from declaration, butAnnual cumulative amount exceeding USD 50,000Full declaration is still required.