I. First-time application for export by account-opening export unitsA complete export agency agreement should be attached with:Verification form (hereinafter referred to as verification form)

Unit introduction letter and application;

Original and copy of the business approval document from the foreign trade and economic department;import and exportCopy of the business license and its duplicate;

3. Copy of the business license and its photocopy;

Business entity code certificate and copy;

Copy of customs registration certificate;

Copy of export contract. After verifying the above materials, the foreign exchange bureau will complete the registration procedures for the exporter.

II. Receiving Verification Sheets

Before conducting export business, the exporting unit shall collect verification forms from the foreign exchange bureau with a unit introduction letter and export verification clerk certificate (now replaced by the account opening units seal card). When applying for verification forms, the exporting unit shall immediately fill in the unit name or affix the unit name seal in the exporting unit column of each verification form. The verification form must be stamped with the official seal before formal use.

Verification sheets remain valid for customs declaration within two months from the date of receipt. Exporters must return unused verification sheets to the foreign exchange bureau for cancellation within one month after expiration.

The information filled in the verification sheets by exporters must be consistent with the contents recorded on the export customs declaration form.

III. Customs Declaration

Exporters shall complete customs declaration procedures with valid verification sheets bearing the companys official seal and relevant documents.

IV. Submitting Counterfoils

After completing customs declaration, the exporting unit shall, within 60 days from the date of declaration, present the verification form along with customs documents bearing anti-counterfeit labels and stamped with the customs release sealExport ClearanceV. Verificationforeign tradeExporters must complete export foreign exchange verification with the foreign exchange bureau within 30 days of receiving foreign exchange, using verification sheets and the bank-issued special export foreign exchange verification form.

VI. Loss and Reissuance of Verification Sheets

The exporting unit shall complete export foreign exchange verification with the foreign exchange bureau within 30 days of receiving foreign exchange, presenting the verification form and the banks special form for export foreign exchange verification.

For blank verification sheets, the foreign exchange bureau will cancel them;

For verification sheets already used for customs declaration, verification will be processed based on relevant export documents;

For reissuance of special forms, after completing export verification procedures, exporters must submit a written application to the foreign exchange bureau with the tax authoritys certification of non-tax refund for the corresponding verification sheet. Upon approval, the foreign exchange bureau will issue a reissuance certificate for export foreign exchange verification sheet tax refund copy.

VII. Reissuance of Customs Declaration Forms

If customs declaration forms are lost, exporters must apply for reissuance with customs using the non-verification certificate issued by the foreign exchange bureau.Export DrawbackFor special forms, after completing export verification procedures, the exporting unit shall submit a written application to the foreign exchange bureau with the tax departments non-tax refund certificate corresponding to the verification form. Upon approval, the foreign exchange bureau will issue a supplementary certificate for export foreign exchange verification form tax refund copy.

In case of refund or compensation under export items, exporters must provide relevant certificates to the foreign exchange bureau, which will verify the authenticity of foreign exchange refund/compensation under the following circumstances:

(1) For goods already exported and verified, the foreign exchange bureau will verify based on:

Export contract;

Refund/compensation agreement and supporting documents;

Export foreign exchange verification sheet (tax refund copy);

Other materials required by the foreign exchange bureau.

2. Refund agreement and relevant supporting documents;

3. Export foreign exchange verification form (refund special copy);

4. Other materials required by the foreign exchange bureau.

(2) For documents already submitted but not yet verified, SAFE shall conduct the review based on the banks exchange memo (or collection notice) and the documents listed in Item 1.In order to crack down on tax evasion, the customs and tax departments are now strictly examining the operation of buying export declarations. If the behavior of buying export declarations is discovered, the regulatory authorities will require tax replenishment (even a 2% tax rate may be a considerable amount). In addition, fines may also be imposed on the relevant responsible parties.(3) For exported goods that have been customs declared but not yet submitted with documents, SAFE shall conduct the review based on Item 1 and the following valid documents:

Customs declaration form for export goods;

Commercial invoice;

Copy of draft;

Banks exchange memo (or collection notice) for settlement.

(4) For export goods not yet customs declared but with full or partial advance payment received, where the contract is terminated and the exporter needs to pay refund compensation in foreign exchange, SAFE shall conduct the review based on the original export contract, contract termination proof, banks exchange memo (or collection notice), and the importers payment notice.

After verifying the above documents provided by the exporter, SAFE shall issue a Proof of Offset Against Export Verification. Banks shall process the foreign exchange refund for the exporter based on this proof.

After verifying the above documents provided by the exporting unit, the foreign exchange bureau shall issue a certificate of offset export foreign exchange verification. Banks shall process foreign exchange refunds for the exporting unit based on this certificate.paymentHow to handle export agency foreign exchange verification?