Which is the best way to verify a Chinese supplier?

Which is the best way to verify a Chinese supplier?

This is the best way to verify suppliers. Chinese government offer drawback for many kinds of exporting products in order to encourage export. But if a company want to get export drawback, 17% VAT invoice is must needed which can only be issued by a factory.

How can I get export drawback from China?

But if a company wants to get export drawback, 17% VAT invoice is must needed which can only be issued by a factory. So there is the way: tell the supplier that you have a partner in China who can help you apply for export drawback, so ask for issuing a 17% VAT invoice.

Are there any Chinese suppliers that are trading companies?

Because almost every Chinese supplier claims that they are factories, including suppliers on Alibaba, though they are actually trading companies. So there are lots of blogs and articles that teach importers how to verify suppliers on the Internet, but most solutions they suggested didn’t make any sense in reality.

Why are so many Chinese suppliers on Alibaba?

Because almost every Chinese supplier claims that they are factories, including suppliers on Alibaba, though they are actually trading companies. So there are lots of blogs and articles that teach importers how to verify your suppliers on the Internet, but most solutions they suggested didn’t make any sense in reality.

Can a Chinese supplier be a trading company?

If with large registered capital, then it’s a factory, otherwise, it’s a trading company. But this is totally wrong. If your supplier is a small-scale factory, its registered capital will be likely less than trading companies. And the registered capital of the large-scale trading company can be very large, like more than 10 million CNY.

Is there a CFC verification service in China?

Here introduce CFC’s authentication service: Supplier Verification Report. Our Chinese company verification service offer an efficient way to confirm background details of suppliers, vendors, manufacturers, and trading companies.

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