Global Trade Advisory – BBNex: A-Z Documentation and Tax Services

BBNex delivers expert global trade advisory services, empowering small and medium enterprises (SMEs) and large corporations to navigate documentation and tax challenges in international trade. Our A-Z solutions cover all aspects of export/import documentation and customs tax payments, ensuring compliance across markets like the United States, Vietnam, China, and beyond.

With BBNex, complex administrative procedures are a thing of the past. We guarantee accurate documentation, optimized taxes and fees, and full regulatory compliance from export to import clearance. Whether you’re importing U.S. flagship products to Vietnam, exporting seafood, textiles, or electronics from Vietnam to China, or transshipping goods via Vietnam, BBNex handles all trade documentation and tax obligations professionally.

Our expertise in free trade agreements (EVFTA, RCEP) minimizes import duties, maximizing your savings. Choose BBNex for seamless global trade advisory services and focus on growing your business.

Alt text: Professional handling export/import documentation and customs tax payments for global trade

Why Choose BBNex for Global Trade Advisory?

• Expert Documentation: Process all export/import documents, including Certificates of Origin (C/O), HS Code classifications, commercial invoices, packing lists, bills of lading, and product-specific certifications.
• Customs Clearance: Submit customs declarations and coordinate with authorities for fast, compliant clearance in Vietnam, the U.S., China, or other markets.
• Tax and Fee Payments: Calculate, optimize, and pay customs taxes and fees on your behalf, ensuring transparency.
• Regulatory Compliance: Ensure documents and tax obligations meet legal standards, including Vietnam’s TCVN and certifications (e.g., FDA, phytosanitary).
• Tax Optimization: Leverage EVFTA, RCEP preferential tariffs to reduce costs.

Ready to simplify your trade process? Contact us now for A-Z trade solutions.

How BBNex Handles Your Trade: Importing from the U.S. to Vietnam

Our global trade advisory process ensures seamless export/import documentation and customs tax payments. Below is a step-by-step example of importing goods from the U.S. to Vietnam.

Step 1: Documents You Provide

To start, you (the client) provide:

• Commercial Invoice: Details the transaction (product description, quantity, unit price, total value, terms like FOB, CIF). Provided by the U.S. exporter.
• Packing List: Lists shipment contents (quantity, net/gross weight, dimensions, packaging like pallets or cartons).
• Bill of Lading (B/L) or Air Waybill (AWB): Provided by the carrier, specifying origin, destination, and consignee (you or BBNex as your agent).
• Certificate of Origin (C/O): Proves U.S. origin for EVFTA preferential tariffs (issued by the U.S. exporter or Chamber of Commerce).
• Product-Specific Certifications (if applicable):
  • FDA Certificate: For food, beverages, or pharmaceuticals (e.g., seafood, supplements).
  • Phytosanitary Certificate: For agricultural products (e.g., grains, fruits).
  • Certificate of Conformity: For electronics or machinery, meeting Vietnam’s TCVN standards.
• Business License: Your Vietnamese company’s registration certificate and tax code. If your company lacks import qualifications, BBNex offers additional support.
• Import Permit (if applicable): For restricted goods (e.g., chemicals, medical devices), issued by the Ministry of Health or Industry and Trade.
• Power of Attorney: Authorizes BBNex to act as your customs agent for documentation and tax/fee payments.

Note: Provide originals or scanned copies. BBNex verifies, requests corrections if needed, and handles all subsequent steps.

Alt text: BBNex team preparing export/import documents for customs clearance

Step 2: What BBNex Does (Before Arrival)

Upon receiving your documents, BBNex manages:

• Document Verification and Preparation:
  • Confirm document accuracy per U.S. export and Vietnam import regulations.
  • Prepare additional documents:
    • Customs Declaration: Complete shipment details, submitted via VNACCS/VCIS.
    • Import Permit Application (if needed): Submitted to the Ministry of Industry and Trade.
    • HS Code Classification: Assign accurate HS Codes for tax calculations.
  • Obtain/verify C/O for EVFTA preferential tariffs (e.g., duty-free for eligible goods).
• Pre-Clearance Submission:
  • Submit electronic customs declarations via VNACCS/VCIS before goods arrive.
  • Coordinate with U.S. exporters for export procedures (e.g., AES filing if required).
• Tax/Fee Calculation and Optimization:
  • Calculate applicable customs taxes and fees.
  • Apply EVFTA, RCEP preferential tariffs to minimize costs.
  • Provide a transparent tax/fee breakdown for your approval.

Step 3: Taxes and Fees Involved

For imports from the U.S. to Vietnam, BBNex calculates, optimizes, and pays:

• Import Duty
• Value-Added Tax (VAT)
• Special Consumption Tax (SCT)
• Environmental Protection Tax
• Customs Service Fee

BBNex will:

• Share a detailed tax/fee breakdown.
• Apply for duty exemptions/reductions under EVFTA, RCEP.
• Pay taxes/fees on your behalf (reimbursed or included in our service fee).

Step 4: At the Vietnamese Port

When goods arrive at a port (e.g., Cat Lai, Cai Mep), our roles are:

What BBNex Does:

• Customs Clearance:
  • Submit customs declarations and supporting documents (B/L, C/O, invoice) to Vietnam Customs Service.
  • Handle inspections (if required) with customs or third-party inspectors (e.g., for food safety).
  • Pay customs taxes and fees on your behalf.
• Port Documentation:
  • Complete import procedures with port operators.
  • Manage documents for storage or cargo inspection.
• Record Keeping:
  • Provide clearance documents (declarations, tax/fee receipts).
  • Retain records for post-clearance audits (up to 5 years).

What You Do:

• Approve:
  • Review the tax/fee breakdown from BBNex.
  • Approve additional costs (e.g., rare inspection fees).
• Pay:
  • Reimburse BBNex for taxes/fees paid (or pre-pay per agreement).
  • Pay BBNex’s service fee for documentation, clearance, and tax/fee payments.

Alt text: BBNex managing customs clearance at a Vietnamese port for U.S. imports

Step 5: Post-Clearance Support

After clearance, BBNex offers:

• Record Storage: Store copies of documents and tax/fee receipts, assisting with future customs audits.
• Compliance Guidance: Ensure goods meet Vietnam’s regulations (e.g., labeling, TCVN standards).
• Re-Export Support: Prepare documents and pay taxes/fees for exports to China or other markets.

Get Started with BBNex Today

BBNex is your trusted partner for global trade advisory, eliminating documentation and tax hurdles. Our benefits include:

• Documentation Expertise: Precise, compliant export/import documentation.
• Tax Optimization: Leverage EVFTA, RCEP for cost savings.
• Transparency: Clear tax/fee breakdowns, no hidden costs.
• Time Savings: We handle customs and payments, freeing you to focus on business.
• Tailored Solutions: Perfect for Vietnamese SMEs, Chinese corporations, and U.S. exporters.

Contact us now at info@bbnex.vn or visit our Contact page to start your A-Z trade journey with BBNex!