On: May 31, 2023 By: David Noah
In addition to customs duties, exporters may be paying Value Added Tax (VAT) to ship goods internationally. The good news is you may be able to get some of what can be a sizable amount of money refunded—if you know what to do.
On: May 24, 2023 By: David Noah
Freight forwarders play an important role in international trade, so it's important you find a forwarder who not only meets your needs but becomes a true partner in the process. When searching for an international freight forwarder for your exports, here are four things to look for.
On: May 22, 2023 By: David Noah
An international sales contract is an agreement between a buyer and a seller that identifies the parties in the transaction, the goods being sold, the terms of the sale, and the price to be paid. While most exporters and importers don't create a formal written contract, there are many reasons why you should.
On: May 15, 2023 By: David Noah
The basics of selling is universal. You want to make it as easy as possible for your potential customers to buy your products. When your company only quotes and invoices in US dollars, you may be losing sales to competitors who are willing to invoice in the buyer's currency.
On: May 10, 2023 By: David Noah
Even if you’re not shipping guns, weapons or biological substances that can be used for harmful purposes, you’re not excused from export compliance. Items created for commercial purposes can sometimes be adapted into something more destructive and something that needs an export license.
On: May 8, 2023 By: David Noah
To be a successful exporter, you need more than a smart export department. You need people in all areas of your organization who understand exporting. Here are six departments within your company that may be part of your export process and what they need to know.
On: May 1, 2023 By: David Noah
Organizations that have a business disruption or disaster recovery plan in place are better prepared to respond to heretofore unthinkable problems like managing supply chain disruptions and monitoring and complying with ever-changing import and export compliance restrictions.
On: April 19, 2023 By: David Noah
There are a number of important steps that you must be follow to successfully complete an export transaction. We outline seven of those steps, along with the export documents you need to prepare to go along with each step—so you can successfully ship your goods and get paid on time.
On: April 17, 2023 By: David Noah
Most products don't need an export license, but some do. The first step in making that determination is finding the correct ECCN or USML codes for your goods and then checking the Commerce Country Chart. But that's not all. You must also know the end use and end user of your export.
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