Mr. Chen, a Shenzhen-based cross-border business owner, registered a company in Hong Kong last June. When he went to open a Hong Kong bank account this year, the teller asked him to provide a BRN instead of a CR number. He paused for a moment: ”What’s a BRN? I’ve been using this CR number for two years now.”

Against the backdrop of increasing regulation in the cross-border e-commerce industry, more and more sellers—especially companies operating multiple stores—are beginning to reevaluate their business structures. “Saiwei 2 […]

As the cross-border e-commerce business continues to expand, more and more sellers are beginning to focus on choosing the right export model. Among these, the 9810 model and the 0110 consolidation model have become popular choices for many companies […]

As the cross-border e-commerce sector continues to expand, more and more sellers are beginning to focus on a key question: Once a business reaches a certain scale, should it opt for the 9810 model, or […]

Many cross-border business owners adopt a relatively simple business model in the early stages of their operations: Register a store under a domestic company → Receive payments into a domestic account → Source and ship goods domestically […]