What is Import Entrustment?

Entrusted import of goods is a commercial service activity in the form of hiring and receiving import services. This activity is carried out based on an import entrustment contract between enterprises and in accordance with the regulations of the economic contract ordinance.

Entrusted import is a very familiar term for business owners, stores, and individuals who frequently import goods to Vietnam. However, few people fully understand entrusted import.

Companies specializing in entrusted import services often have good relationships with manufacturers, suppliers, and many international shipping lines.

When individuals or businesses want to import or export goods through Vietnamese territory, they do not handle the related paperwork themselves. Instead, they rely on a specialized unit or organization to facilitate the import-export process more easily. Simply put, this is a form of intermediary import-export service.

Are You Facing the Following Issues?

  • As a business owner, does your company lack sufficient international trade experience to import goods on your own?
  • As an individual, do you lack legal status to import and cannot sign contracts with foreign enterprises?
  • Is your business newly established and unable to negotiate with foreign sellers, lacking knowledge of customs procedures and import processes?
  • Even if your business has full import functions, do you feel inexperienced with new items, especially those difficult to import into Vietnam and requiring extensive documentation, procedures, and permits?
  • Do you distrust foreign sellers and transporters?
  • Do you lack storage facilities or have inadequate storage conditions?

What is the Solution for You?

If you fall into any of the above situations, we recommend signing an entrustment contract with an import-export service company to handle the importation of your goods.

Hiring an entrusted import service provider initially is a safe and smart solution, at least for your first shipments. Additionally, import service companies have extensive experience and can resolve issues more quickly, saving your business a significant amount of time.

INGREDA commits to ensuring peace of mind during transportation by providing transparent, quick, and timely information to your business.

We Will Help You With:

  • Depending on the item, value, origin, and government regulations, we will support and advise you on products and find foreign partners for import.
  • Negotiating and signing foreign trade contracts with foreign sellers.
  • Performing necessary procedures to import goods.
  • Paying for goods to foreign sellers.
  • Preparing documents, declaring, and settling all import taxes such as import tax, excise tax, VAT, etc., and we will pay taxes on behalf of the entrusting party.
  • Keeping all import-export documents such as the entrustment contract, foreign trade contract, commercial invoice issued by the seller, packing list issued by the seller, bill of lading issued by the carrier (by sea or air), customs declaration, tax receipt (if any).

With extensive experience and solid knowledge of all procedures in the import-export field, especially the flexible and appropriate application of policies while strictly adhering to Vietnamese laws, INGREDA commits to providing the most comprehensive solution for enterprises in the industry.

Our Entrusted Import-Export Process:

  • Signing foreign trade contracts and making payments on behalf of customers.
  • Advising on import-export procedures. Handling import-export procedures and receiving goods at the port on behalf of customers.
  • Customs declaration services, port services.
  • Obtaining necessary permits for specific items.
  • Booking ships, maintaining freight rates, purchasing cargo insurance (if any), and monitoring cargo schedules.
  • Advising on customs services and paying taxes according to regulations.
  • Resolving complaints with foreign customers on behalf of customers.
  • Charging a reasonable entrustment fee based on the value of the shipment.

If you are facing issues with importing goods and need consultation, please contact us for further assistance.