A business stamp, AKA "Gōng sī hóng zhāng", 公司红章 a chop, seal and or badge, is an official mark used in China to authenticate documents and contracts.
Business stamps are typically used for legal and financial transactions and are required by the Chinese government for various documents related to international trade.
They are the only low-cost fail-safe to keep a manufacturer honest when manufacturing or importing products from China to Australia or the world. The main reason being, due to contracts and arbitration being so expensive.
The stamp makes sure that the manufacturer says who they say they are, this is important when dealing with trading companies, it's fine if they are an international trading company collaborating with a local manufacturer, though the stamps should match the company in the pictures on Alibaba.
Working on any production cycles with less than 50k total value because any good lawyer in China would cost you 500-750 Aud per hour. So how long before they have eaten up most of your contract value?
The red stamp is something that if the manufacturer says no, be warned now by us, that's not a good sign. Something is wrong and needs more investigation. All businesses have one, and all know the stamp's importance.
Also, when dealing with the manufacturers, it is vital to be vigilant and ensure the stamp is RED, with no other colours. This is another trick I have come across before.
But what happens if you don't get your documents stamped? The risks can be significant:
So how do you get your documents stamped? It's a pretty straightforward process, but it's vital to ensure everything is in order before you start. Here's what you need to know:
Getting your documents stamped may seem like a small detail, but it's an important step when importing products from China.
Don't let a simple oversight jeopardise your business - make sure you have all your documents adequately stamped and protected.
We hope this guide has helped you understand the importance of stamping your documents when importing from China. If you have any questions or need assistance with the process, don't hesitate to contact us at We Assist Co. Our team of experts is here to help you navigate the complexities of international trade and ensure a successful import process.
A business stamp, AKA "Gōng sī hóng zhāng", 公司红章 a chop, seal and or badge, is an official mark used in China to authenticate documents and contracts.
Business stamps are typically used for legal and financial transactions and are required by the Chinese government for various documents related to international trade.
They are the only low-cost fail-safe to keep a manufacturer honest when manufacturing or importing products from China to Australia or the world. The main reason being, due to contracts and arbitration being so expensive.
The stamp makes sure that the manufacturer says who they say they are, this is important when dealing with trading companies, it's fine if they are an international trading company collaborating with a local manufacturer, though the stamps should match the company in the pictures on Alibaba.
Working on any production cycles with less than 50k total value because any good lawyer in China would cost you 500-750 Aud per hour. So how long before they have eaten up most of your contract value?
The red stamp is something that if the manufacturer says no, be warned now by us, that's not a good sign. Something is wrong and needs more investigation. All businesses have one, and all know the stamp's importance.
Also, when dealing with the manufacturers, it is vital to be vigilant and ensure the stamp is RED, with no other colours. This is another trick I have come across before.
But what happens if you don't get your documents stamped? The risks can be significant:
So how do you get your documents stamped? It's a pretty straightforward process, but it's vital to ensure everything is in order before you start. Here's what you need to know:
Getting your documents stamped may seem like a small detail, but it's an important step when importing products from China.
Don't let a simple oversight jeopardise your business - make sure you have all your documents adequately stamped and protected.
We hope this guide has helped you understand the importance of stamping your documents when importing from China. If you have any questions or need assistance with the process, don't hesitate to contact us at We Assist Co. Our team of experts is here to help you navigate the complexities of international trade and ensure a successful import process.
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