Which scale data in international trade will require third-party verification in 2025?
According to the latest "International Trade Service Provider Qualification Verification Guidelines" issued by the ICC, notarized documents are recommended in the following cases:
When declaring an annual turnover exceeding $5 million,
When it comes to special product categories involving RCEP member countries,
Transactions using high-risk payment terms such as DP
The case of a well-known sanitary ware export company being subjected to an EU anti-dumping investigation in 2023 due to discrepancies in agency scale data is worth learning from. It is recommended that companies establish a dynamic update mechanism.
How to Avoid Common Filling Errors?
Based on over 200 trade dispute cases we have handled, special attention should be paid to:
Confusion of measurement units: The USD/RMB value must be clearly indicated.
Temporal dimension misalignment: Use natural year data instead of fiscal year data.
The scope of qualifications is exaggerated.: Special categories such as hazardous chemicals must be separately specified with handling qualifications.
What special considerations are needed for trade in emerging markets?
For emerging markets such as Southeast Asia and Africa, it is recommended to supplement the following:
The paid-in capital of the local customs clearance partner.