The low cost of manufacturing in China and its focus on specialization and quality are two key elements that make many entrepreneurs and business owners choose the Asian giant as a trading partner.
Manufacturing in China and importing to Spain is an excellent option for marketing products with a good profit margin. However, before venturing on your own, it is advisable to thoroughly understand the regulations, tariffs, best suppliers, and business customs in that country.
China is a vast country with over a hundred cities with a population of over one million people. Its area is also extensive, and although most factories are concentrated in three specific areas, the prospecting process can be complex.
Locating reliable suppliers, planning production, and knowing import costs are key to making profitable business deals. It is advisable to plan the importation about six months in advance to ensure the goods arrive on the scheduled dates.
Production Timelines in China
Knowing production timelines is one of the most important aspects of closing a business deal. When you want to manufacture in China, especially for seasonal products like clothing, sunglasses, Christmas items, or garden furniture, you must allow enough time to find a supplier, request samples, close a deal, and start production.
Custom-made products (OEM) require even more precise planning. In these cases, you must consider the time needed for design and sample reception, not only of the final product but also of the logo, labels, and packaging. Don’t overlook the time needed for maritime transport, which usually takes around a month.
Suppliers in China
In the world’s largest factory, choosing a supplier can be a slow and delicate process without the support of a comprehensive management company like Bull Importer. Although the Internet may seem like a safe option to find a supplier and manufacture in China, it is not recommended. The way of doing business, the concept of quality, the language, and the customs are significant impediments to reaching a satisfactory agreement.
Moreover, online communication is not the safest way to find a reliable and solvent supplier. At Bull Importer, we verify the solvency of suppliers and ensure they meet the manufacturing requirements and regulations needed to import into the EU.
We also negotiate the most profitable price and minimum order quantities (MOQ) to achieve the highest possible profit margin for our clients.
Another key issue when manufacturing in China is quality control and inspection of goods at the origin, something our international team handles.
Transport, Taxes, and Tariffs
The mode of transport is another important issue to consider. It is essential to know the Incoterms, their conditions, prices, tariffs, and taxes.
Another critical issue is documentation. In international trade operations, numerous international transport documents must be completed and processed. Errors in the information, such as in the classification of the tariff heading, can cause delays and even fines.
The taxes and tariffs are calculated on the value of the goods plus the cost of importation (transport and insurance). To these costs, we must add VAT, which is calculated on the value of the goods plus international shipping costs, insurance, and tariffs.
Our Experience
Bull Importer handles all operations for its clients, freeing them from all these cumbersome procedures.
- We find the best supplier to manufacture in China.
- We arrange third-party liability insurance.
- We reflect all costs in a single invoice in euros, with total transparency.
Using our services, you can import and manufacture your goods in China comfortably, efficiently, and safely.
