Shenzhen Ecommerce Firm Hit With Asset Freeze Over Tax Probe

Shenzhen Ecommerce Firm Hit With Asset Freeze Over Tax Probe

The founder of a major cross-border e-commerce seller in Shenzhen had over 100 million yuan in equity frozen for three years due to unpaid VAT in several European countries. This highlights the critical importance of tax compliance for cross-border e-commerce businesses. Sellers must prioritize overseas tax issues, collaborate with professional agencies to avoid substantial fines and legal risks, and ensure sustainable business development. The case serves as a stark reminder of the potential consequences of neglecting VAT obligations in international markets.

12/30/2025 Logistics Industry Insights
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Joybuy Adapts Strategy Amid Chinas Crossborder Ecommerce Challenges

Joybuy Adapts Strategy Amid Chinas Crossborder Ecommerce Challenges

JD.com's cross-border e-commerce platform, Joybuy, has suspended online transactions, marking another strategic adjustment. Facing intense competition, cross-border e-commerce businesses need to constantly adapt to market changes and adjust their strategies for survival. This move highlights the challenges and dynamic nature of the cross-border e-commerce landscape, where businesses must be agile and responsive to stay competitive. The suspension of transactions suggests a potential shift in Joybuy's focus or a broader reevaluation of its cross-border strategy.

01/16/2026 Logistics Industry Insights
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Temus Growth Faces Tax Compliance Risks

Temus Growth Faces Tax Compliance Risks

This article delves into the potential tax compliance risks hidden within Temu's semi-managed model. It clarifies the flow of funds, reveals potential risks, and provides practical solutions. The importance of using a Hong Kong company for signing contracts and receiving payments is particularly emphasized. This helps navigate tax pitfalls safely and truly maximize profits in cross-border e-commerce.

01/06/2026 Customs Knowledge
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UK Ecommerce Sellers Face VAT Compliance Challenges

UK Ecommerce Sellers Face VAT Compliance Challenges

This article provides a comprehensive overview of UK VAT, detailing its definition, rates, calculation methods, and filing procedures. It aims to assist cross-border e-commerce sellers in understanding and complying with VAT regulations, mitigating tax risks, and ensuring smooth business operations. The article emphasizes the distinction between VAT sales tax and import duties. It recommends that sellers engage professional accountants for tax filing to ensure accuracy and compliance with the latest regulations. Proper VAT management is crucial for sustainable growth in the UK market.

01/04/2026 Customs Knowledge
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Baudette Airport Boosts Cross-Border Trade and Regional Connectivity

Baudette Airport Boosts Cross-Border Trade and Regional Connectivity

Badger International Airport (IATA: BDE) is located in Minnesota and primarily serves general aviation. Covering 364 acres, it features a 1,676-meter runway and handles approximately 13,000 aircraft movements annually. Although it has limited commercial flights, the airport plays a crucial role in regional transportation and contributes to the economic development of the surrounding area.

07/28/2025 Airport Codes
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Global Trade Relies on Accurate Cross-Border Transport Declarations

Global Trade Relies on Accurate Cross-Border Transport Declarations

This guide elaborates on the customs declaration process for inbound and outbound transport vehicles and its key components, emphasizing the necessity and completeness of the declarations. According to customs regulations, the responsible personnel must truthfully declare cargo, passengers, and other essential information to ensure safe and smooth transport. Manifest declaration is a critical step that is vital for improving customs clearance efficiency.

07/28/2025 Customs Knowledge
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China-Russia Highway Corridor Boosts Cross-Border Trade Efficiency

China-Russia Highway Corridor Boosts Cross-Border Trade Efficiency

A hardware company in Wenzhou successfully transported goods to Moscow via the Rusyun platform, enhancing logistics efficiency and experience. The platform provides one-stop services, significantly reducing costs. Meanwhile, the launch of Harbin Longyun International Land Port marks the opening of the Harbin-Russian highway corridor, attracting numerous businesses and promoting the development of foreign trade services. Statistics show that cargo shipment volume has significantly increased since the center's launch, highlighting the potential of regional logistics advantages.

07/29/2025 Logistics
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Cross-Border Shoppers Face Customs Limits, Dalian Rules Show

Cross-Border Shoppers Face Customs Limits, Dalian Rules Show

This article outlines customs regulations for mailing personal items into the country, emphasizing that the 1,000 yuan limit is not a tax exemption threshold but a package limit. Items exceeding this limit must be returned or declared. Individual personal items can be cleared as per personal item regulations. Additionally, consumers are reminded to pay attention to the value and quantity of items to ensure smooth customs clearance and enjoy the benefits of cross-border shopping.

07/29/2025 Customs Knowledge
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Bonded Zones Fuel Global Cross-Border E-Commerce Growth

Bonded Zones Fuel Global Cross-Border E-Commerce Growth

This article explores the multiple advantages of cross-border e-commerce companies operating in bonded zones, including 'inland but outside customs' policies, exhibition functionalities, convenient logistics systems, and customs policies. By analyzing these benefits, it emphasizes the significance of bonded zones for cross-border e-commerce enterprises and highlights the necessity of selecting the appropriate bonded zone. With favorable policies in place, the future potential for cross-border e-commerce in bonded zones is immense.

07/29/2025 Logistics Industry Insights
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Port Huron Airport Key Trade Hub on Uscanada Border

Port Huron Airport Key Trade Hub on Uscanada Border

Huron Port Airport (PHN), a customs airport on the US-Canada border, plays a unique role in global air freight. This article provides an in-depth analysis of the airport's basic information, customs functions, banking hours, and clearance requirements. It also introduces practical tools like the three-letter code query system provided by West Coast Freight Network, aiming to help readers comprehensively understand Huron Port Airport and optimize air freight operations. This knowledge facilitates smoother and more efficient air cargo handling through this key border gateway.

09/29/2025 Airport Codes
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