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<\/figure>\n\n\n\nI. Why Is 0110 Becoming Increasingly Important?<\/h2>\n\n\n\n
0110, full name \u201cGeneral Trade.\u201d<\/p>\n\n\n\n
It is essentially the most traditional and well-established form of export trade in our country.<\/p>\n\n\n\n
Simple to understand:<\/p>\n\n\n\n
Enterprises within China that hold import and export licenses sell goods to overseas customers in their own name and complete the export process through formal customs clearance procedures.<\/p>\n\n\n\n
Before the rise of cross-border e-commerce, most traditional foreign trade companies had actually been using the 0110 model all along.<\/p>\n\n\n\n
Later, as the cross-border industry rapidly developed, the following began to appear on the market:<\/p>\n\n\n\n
- \n
- Export on a payment basis;<\/li>\n\n\n\n
- Gray Mode;<\/li>\n\n\n\n
- Small packages shipped directly;<\/li>\n\n\n\n
- Mixed use of multiple entities;<\/li>\n\n\n\n
- Exports without invoices;<\/li>\n<\/ul>\n\n\n\n
In their pursuit of lower costs, many companies have gradually strayed from standard export channels.<\/p>\n\n\n\n
But now, the dynamics of the industry have changed.<\/p>\n\n\n\n
As data from customs, tax authorities, banks, and online platforms becomes increasingly interconnected, the risks associated with \u201cinformal exports\u201d are rapidly escalating.<\/p>\n\n\n\n
In particular, many companies are now beginning to realize that:<\/p>\n\n\n\n
If we want to truly achieve the following in the future:<\/p>\n\n\n\n
- \n
- Compliant receipt of foreign exchange;<\/li>\n\n\n\n
- Standardize tax refunds;<\/li>\n\n\n\n
- Overseas financing;<\/li>\n\n\n\n
- IPO Plans;<\/li>\n\n\n\n
- Brand globalization;<\/li>\n<\/ul>\n\n\n\n
0110 is practically an indispensable foundation.<\/p>\n\n\n\n
Because its greatest value lies not merely in the fact that it \u201ccan be exported,\u201d but rather in:<\/p>\n\n\n\n
It enables the creation of a complete, verifiable, and traceable business cycle.<\/p>\n\n\n\n
<\/figure>\n\n\n\nII. At its core, 0110 is essentially the \u201cintegration of the three streams\u201d<\/h2>\n\n\n\n
Many sellers find 0110 complicated, but in reality, there is only one core principle:<\/p>\n\n\n\n
The flow of goods, the flow of funds, and the flow of documents are consistent.<\/p>\n\n\n\n
In other words, as people often say:<\/p>\n\n\n\n
\u201cThe Unity of the Three Streams.\u201d<\/p>\n\n\n\n
In a nutshell:<\/p>\n\n\n\n
- \n
- The goods were actually exported;<\/li>\n\n\n\n
- Actual return of funds;<\/li>\n\n\n\n
- The invoices correspond accurately;<\/li>\n<\/ul>\n\n\n\n
The entire business chain can form a complete closed loop.<\/p>\n\n\n\n
Why are regulators placing increasing emphasis on this now?<\/p>\n\n\n\n
Because many cross-border issues in the past were, at their core:<\/p>\n\n\n\n
The business actually exists,
But the chain is incomplete.<\/p>\n\n\n\nFor example:<\/p>\n\n\n\n
- \n
- The goods were shipped, but no formal customs declaration was filed;<\/li>\n\n\n\n
- Sales were made, but no foreign exchange was received;<\/li>\n\n\n\n
- There is revenue, but no cost invoices;<\/li>\n\n\n\n
- The store entity and the exporting entity do not match;<\/li>\n\n\n\n
- A Hong Kong company receives payments, but there is no corresponding business chain in mainland China.<\/li>\n<\/ul>\n\n\n\n
These issues may still be handled somewhat vaguely in the early stages, but as data becomes more transparent in the future, they will become increasingly difficult to explain.<\/p>\n\n\n\n
And the biggest advantage of 0110 is:<\/p>\n\n\n\n
It naturally aligns with regulatory logic.<\/p>\n\n\n\n
III. How exactly does general trade under Code 0110 work?<\/h2>\n\n\n\n
Many people think the 0110 process is particularly complicated.<\/p>\n\n\n\n
In fact, at its core, it is essentially a standardized export process.<\/p>\n\n\n\n
However, compared to \u201cgray mode,\u201d it places greater emphasis on:<\/p>\n\n\n\n
The main body is complete, the materials are complete, and the process is complete.<\/p>\n\n\n\n
The entire process can be broadly divided into four steps.<\/p>\n\n\n\n
Step 1: The company must first obtain export qualifications.<\/h2>\n\n\n\n
To engage in 0110 exports, a company must first possess proper export qualifications.<\/p>\n\n\n\n
Compared to before, the process has been simplified considerably.<\/p>\n\n\n\n
Generally, companies only need to:<\/p>\n\n\n\n
The scope of business listed on the business license includes:
\u201cImport and Export of Goods\u201d or \u201cImport and Export of Technology,\u201d etc.,<\/p>\n\n\n\nThen complete:<\/p>\n\n\n\n
- \n
- Customs Registration of Shippers and Consignees;<\/li>\n\n\n\n
- Electronic Port Activated;<\/li>\n\n\n\n
- Forex Directory Registration;<\/li>\n\n\n\n
- Export Tax Rebate (Exemption) Filing;<\/li>\n<\/ul>\n\n\n\n
You\u2019ll basically be ready to start formal export operations.<\/p>\n\n\n\n
That is to say:<\/p>\n\n\n\n
0110 is not \u201cexclusively for large enterprises.\u201d<\/p>\n\n\n\n
Many cross-border sellers today actually have what it takes to succeed.<\/p>\n\n\n\n
Step 2: Prepare all export documents<\/h2>\n\n\n\n
The most essential part of 0110 is actually:<\/p>\n\n\n\n
Documentation Standards.<\/p>\n\n\n\n
This is because, regardless of whether the review is conducted by customs, tax authorities, or banks, they all examine whether the documentation is logically consistent.<\/p>\n\n\n\n
Typically, you'll need to prepare:<\/p>\n\n\n\n
- \n
- Trade Contract;<\/li>\n\n\n\n
- Commercial Invoice;<\/li>\n\n\n\n
- Packing List;<\/li>\n\n\n\n
- Bill of Lading or Air Waybill;<\/li>\n\n\n\n
- Customs Declaration;<\/li>\n\n\n\n
- HS Code Data;<\/li>\n\n\n\n
- Special regulatory documents (if required).<\/li>\n<\/ul>\n\n\n\n
Many sellers tend to overlook HS codes.<\/p>\n\n\n\n
In fact, HS codes not only affect customs clearance, but also directly relate to:<\/p>\n\n\n\n
- \n
- Tax refund rate;<\/li>\n\n\n\n
- Customs supervision;<\/li>\n\n\n\n
- Overseas customs clearance;<\/li>\n\n\n\n
- Product Compliance.<\/li>\n<\/ul>\n\n\n\n
Entering the wrong code may lead to a series of risks down the line.<\/p>\n\n\n\n
Step 3: Formal Export Customs Declaration<\/h2>\n\n\n\n
Companies may file their own declarations or entrust a customs broker to handle the process.<\/p>\n\n\n\n
Currently, this is mostly done through:<\/p>\n\n\n\n
\u201cComplete the electronic declaration via the \u201dSingle Window\u201c or the \u201dH2018 System.\u201d<\/p>\n\n\n\n
After customs review, a decision will be made based on the nature of the goods:<\/p>\n\n\n\n
- \n
- Whether to inspect;<\/li>\n\n\n\n
- Does this involve commodity inspection?;<\/li>\n\n\n\n
- Is additional information needed?<\/li>\n<\/ul>\n\n\n\n
Once the inspection is approved, the goods are officially released for export.<\/p>\n\n\n\n
This step may seem like just an \u201coutput,\u201d but it will actually form a very critical data chain for the future.<\/p>\n\n\n\n
Because of what happened next:<\/p>\n\n\n\n
Tax Refunds,
Foreign Exchange Receipts,
Profit Accounting,<\/p>\n\n\n\nAll of them will be linked to this export customs declaration data.<\/p>\n\n\n\n
Step 4: Receiving Foreign Currency and Export Tax Rebates<\/h2>\n\n\n\n
The main reason many companies truly value 0110 is actually:<\/p>\n\n\n\n
Export tax rebates.<\/p>\n\n\n\n
After the goods are exported, the overseas customer completes the payment, and the company receives the foreign exchange in compliance with regulations.<\/p>\n\n\n\n
Subsequently, companies may, upon presentation of:<\/p>\n\n\n\n
- \n
- Export Customs Declaration;<\/li>\n\n\n\n
- Special VAT Invoice;<\/li>\n\n\n\n
- Foreign Exchange Receipt;<\/li>\n<\/ul>\n\n\n\n
Apply to the tax authorities for an export tax refund.<\/p>\n\n\n\n
The most critical focus of a tax audit is:<\/p>\n\n\n\n
\u201cAre the three streams consistent?\u201d<\/p>\n\n\n\n
For example:<\/p>\n\n\n\n
- \n
- Declared value;<\/li>\n\n\n\n
- Invoice amount;<\/li>\n\n\n\n
- Amount of foreign exchange received;<\/li>\n<\/ul>\n\n\n\n
Is there a corresponding entry?<\/p>\n\n\n\n
If:<\/p>\n\n\n\n
Goods, funds, and bills can form a complete closed loop,<\/p>\n\n\n\n
The tax refund process is actually relatively consistent.<\/p>\n\n\n\n
Currently, the efficiency of tax refunds varies among different companies; some can be processed in as little as 5 business days, while in some cases, the review process may take longer.<\/p>\n\n\n\n
<\/figure>\n\n\n\nIV. Why Are More and More Companies Abandoning the \u201cGray Area\u201d These Days?<\/h2>\n\n\n\n
In the past, many sellers felt that:<\/p>\n\n\n\n
Paying by export is cheaper and more convenient.<\/p>\n\n\n\n
But the problem is:<\/p>\n\n\n\n
Cost savings in the short term may turn into even greater risks in the future.<\/p>\n\n\n\n
Because the direction of industry regulation is now very clear:<\/p>\n\n\n\n
Transparency of platform data,
Enhanced Anti-Money Laundering Measures at Banks,
Customs Data Networking,
Tax big data comparison,<\/p>\n\n\n\nIn the future, many \u201chistorical issues\u201d will gradually come to light.<\/p>\n\n\n\n
Especially:<\/p>\n\n\n\n
- \n
- Unable to explain the source of the funds;<\/li>\n\n\n\n
- Failure to provide proof of actual export;<\/li>\n\n\n\n
- Unable to obtain a valid cost invoice;<\/li>\n\n\n\n
- Mismatch between retail outlets and export entities;<\/li>\n<\/ul>\n\n\n\n
These issues will increasingly affect the long-term operations of businesses.<\/p>\n\n\n\n
Many sellers are only now beginning to realize that:<\/p>\n\n\n\n
A truly stable cross-border business is certainly not sustained by \u201cgray-area practices,\u201d but rather supported by a comprehensive compliance system.<\/p>\n\n\n\n
And the value of 0110 lies precisely in:<\/p>\n\n\n\n
It is a formal business model that has been proven over the long term, is sustainable over the long term, and can be scaled over the long term.<\/p>\n\n\n\n
V. 0110 Is Not a \u201cTraditional Model,\u201d but the Foundation for Future Cross-Border Compliance<\/h2>\n\n\n\n
When many people hear \u201c0110,\u201d they immediately think of \u201ctraditional foreign trade.\u201d<\/p>\n\n\n\n
But in reality, more and more established cross-border companies are now returning to the 0110 model.<\/p>\n\n\n\n
Because what will truly set industries apart in the future isn\u2019t just operational capabilities, but rather:<\/p>\n\n\n\n
- \n
- Financial and Taxation Capabilities;<\/li>\n\n\n\n
- Global compliance capabilities;<\/li>\n\n\n\n
- Fund management skills;<\/li>\n\n\n\n
- Risk management capabilities.<\/li>\n<\/ul>\n\n\n\n
Especially as the cross-border industry gradually enters the \u201cera of transparent tax reporting,\u201d legitimate exports, legitimate foreign exchange receipts, and legitimate tax refunds will become increasingly important.<\/p>\n\n\n\n
0110 is not, in essence, a simple code.<\/p>\n\n\n\n
What it really represents is:<\/p>\n\n\n\n
Does the company have the capacity to operate over the long term?<\/p>\n\n\n\n
The cross-border industry is sure to become increasingly regulated in the future.<\/p>\n\n\n\n
And the companies that can truly go the distance are inevitably those willing to establish transparent and compliant systems early on.<\/p>\n\n\n\n
<\/figure>","protected":false},"excerpt":{"rendered":"In fact, as regulations in the cross-border industry have become increasingly stringent in recent years, 0110 is no longer just a simple customs declaration code; rather, it has become an increasingly important pillar within the overall cross-border compliance framework. Particularly against the backdrop of ongoing strict scrutiny of \u201cbuy-and-ship\u201d exports, gradually increasing transparency in platform data, and comprehensive upgrades to tax oversight, more and more companies are beginning to re-emphasize the 0110 model.<\/p>","protected":false},"author":17,"featured_media":10587,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_focuskw":"0110\u4e00\u822c\u8d38\u6613","_yoast_wpseo_title":"","_yoast_wpseo_metadesc":"","_yoast_wpseo_opengraph-title":"","_yoast_wpseo_opengraph-description":"","footnotes":""},"categories":[17,18,13,64],"tags":[1133,1058,996,898],"class_list":["post-10713","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-allguide","category-recomguide","category-guide","category-gf-tax-compliance","tag-1133","tag-1058","tag-996","tag-898"],"yoast_head":"\n
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