How to source goods from China

H

heather

Registered User
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can anybody tell me where to start looking for wholesalers in China? My partner and I have what we believe is a sound business idea, but have no idea how to go about setting up. Assumingly, we need to source a supplier and check if the idea is financially viable before registering a website etc...?
 
You can call the Chinese Embassy or if you will be manufacturing goods that will be exported you should call Enterprise Ireland
 
I know an agency that sources products in China. PM me if you want details.
 
if you import goods from china, is there any additional charges attached such as from customs etc
 
Hi,

Hope someone can offer some advice to me, firstly let me explain, I've sourced my
product I want to import from china and have been in contact with
the exporter for the guts of a year now and I've now received my samples.
He's given me an FOB cost per 1,000 units, I understand the FOB is
a price that only covers the delivery of the product to the shipping
port in china? Now what I need to know is what company somebody
can recommend to take the goods at a small volume (i.e not a
container load) from the port and deliver them here to Ireland and
look after customs etc?

I've looked at the TCIChina site but they seem to be directed towards
sourcing the product in their own area of china and dealing with
larger orders?
 
Check Golden Pages for a Freight Forwarder, they will arrange the consolidation of your import with others for a best price at container level. They should also be able to advise if air freight or even postal is more appropriate. Many of these firms also look after customs aspects for you.
 
Hi,

can someone confirm the following as I'm just getting to terms
with some if the 'terms'!, am I right in my
understanding that a FOB price covers the goods, their transport
and insurance to the point of export from the factory?
and a CIF price covers the above plus the cost of the transport
during export and insurance, or basically until the goods land
ready for appraisal by customs?

Prise wise, once I have my FOB price and a fee from the freight
forwarder to cover pickup in china, ocean transport, handling customs
and transport costs to a pickup point here is the only other cost the
actual import duty? just worried that I'm missing something?

I won't have to pay VAT upon their collection as I will be VAT
registered, or will I - have to pay that is?

Also from what I have read the duty is calculated on the CIF price
which includes the transport, so if this is correct if I find a cheaper
freight forwarder and ship the same product a second time my
import duty will reduce?

so many questions and a steep learning curve for a beginner !

thanks all:)
 
FOB = Free On Board - basically the supplier will deliver to the freight handlers at the docks in whichever is the closest port in China

CIF = Cost Including Freight - usualy covers all cost up to the delivery port - you will then have to clear the goods & pay whatever local delivery charges are necessary to get them from the docks to your business premises.

VAT is payable at point of entry on all goods imported from outside the EEC & you will have to reclaim it then later on.
 
I am a trader who are able to source goods from China. Let me know what kind of product you want, I will try to get it from China. Well, just contact me for detail.
 
if you need help with Customs Clearance in Ireland speak to CustomsMatters - I use them and find them very professional and helpful (and quite price friendly also) in getting my goods cleared through Customs quickly and efficiently. www.customsmatters.com or phone on +353 1 8468217.
 
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