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PROS AND CONS OF PRICING IN A LOCAL CURRENCY: ADVICE FOR Lesley Batchelor OBE is an expert on international trade and a passionate champion of UK exporters.She is also the Director General of the Institute of Export, the professional membership body representing and supporting the interests of everyone involved in importing, exporting and international trade.In this article she discusses the pros and cons of dealing in different currencies and how RULES OF ORIGIN IN THE UK EU TRADE DEAL The UK-EU Trade and Cooperation Agreement secured tariff-free trade for businesses trading between the UK and EU following the end of the transition period on 31 December 2020. However, to qualify for this tariff and quota-free trade, firms need to comply with Rules of Origin specified by the deal. This one-hour webinar from the Institute of STEEL SECTOR IN MEXICO Steel sector in Mexico. Mexico is the 2 nd largest steel producer in Latin America and is considered to be in the top 13 largest steel producers in the world. Its consumption is almost the same as Brazil. The country is a huge steel consumer, and steel products are also exported, obtaining a value of US$25,760 (Source: Canacero, 2012). HOW FREIGHT RATES ARE CALCULATED Mark Woolnough is a freight expert with nearly 20 years’ experience and know how in setting freight rates and is the founder of Freight Filter Ltd. Freight rates are simply the price at which a certain cargo is delivered from one point to another. ENQUIRY ABOUT TAX ON SERVICES SUPPLIED FROM UK TO INDIA Yes, there is a ‘Withholding Tax’ on services provided by a foreign (non Indian) provider. The base rate of Tax should be 20% (there could be surcharge over and above that). Most important is that the deductor (Indian company) will provide you a certificate stating the amount of tax deducted in India. The same amount can be claimed asa tax
TEMPORARY EXPORT TO DRC If the electrical test equipment originates from the USA you will require US export permission for it to go there. Also, depending on the type of equipment (high tech) and end-use you may need a UK export licence too. Do check all of this out before sending the items out of the UK. DR Congo do not have a formal temporary import procedures so SHIPPING DIRECT FROM CHINA TO CUSTOMERS Hi I have a couple of questions regarding shipping direct from china to my clients. I am a U.K. Based business and I am VAT registered. If I sell to a uk business but the goods are shipped directly from china and the customer is the importer do I have to charge the customer on the invoice plus vat? Which means that when the goods land in the U.K. DO YOU CHARGE UK VAT WHEN SELLING TO USA FROM UK? Question. Good morning. My name is Mark and I’m currently in the process of expanding my brand to sell into USA and Canada from the UK. We will be selling our garments to indivdual customers based in the USA and Canada and we would like to know the UK VAT rules that apply to these distance selling exports. HELPING UK BUSINESSES TO SELL OVERSEAS The Open to Export Action Plan is a FREE and EASY to use online planning tool for small businesses planning to make the most of the export opportunities to international markets. Generate your Export Action Plan as a PDF report to share with your stakeholders for a BORDER OPERATING MODEL 4 | EXPORT.ORG.UK Contents Customs declarations Preparation SPS documentation What is the Border Operating Model Revised timeline andaffected goods
PROS AND CONS OF PRICING IN A LOCAL CURRENCY: ADVICE FOR Lesley Batchelor OBE is an expert on international trade and a passionate champion of UK exporters.She is also the Director General of the Institute of Export, the professional membership body representing and supporting the interests of everyone involved in importing, exporting and international trade.In this article she discusses the pros and cons of dealing in different currencies and how RULES OF ORIGIN IN THE UK EU TRADE DEAL The UK-EU Trade and Cooperation Agreement secured tariff-free trade for businesses trading between the UK and EU following the end of the transition period on 31 December 2020. However, to qualify for this tariff and quota-free trade, firms need to comply with Rules of Origin specified by the deal. This one-hour webinar from the Institute of STEEL SECTOR IN MEXICO Steel sector in Mexico. Mexico is the 2 nd largest steel producer in Latin America and is considered to be in the top 13 largest steel producers in the world. Its consumption is almost the same as Brazil. The country is a huge steel consumer, and steel products are also exported, obtaining a value of US$25,760 (Source: Canacero, 2012). HOW FREIGHT RATES ARE CALCULATED Mark Woolnough is a freight expert with nearly 20 years’ experience and know how in setting freight rates and is the founder of Freight Filter Ltd. Freight rates are simply the price at which a certain cargo is delivered from one point to another. ENQUIRY ABOUT TAX ON SERVICES SUPPLIED FROM UK TO INDIA Yes, there is a ‘Withholding Tax’ on services provided by a foreign (non Indian) provider. The base rate of Tax should be 20% (there could be surcharge over and above that). Most important is that the deductor (Indian company) will provide you a certificate stating the amount of tax deducted in India. The same amount can be claimed asa tax
TEMPORARY EXPORT TO DRC If the electrical test equipment originates from the USA you will require US export permission for it to go there. Also, depending on the type of equipment (high tech) and end-use you may need a UK export licence too. Do check all of this out before sending the items out of the UK. DR Congo do not have a formal temporary import procedures so SHIPPING DIRECT FROM CHINA TO CUSTOMERS Hi I have a couple of questions regarding shipping direct from china to my clients. I am a U.K. Based business and I am VAT registered. If I sell to a uk business but the goods are shipped directly from china and the customer is the importer do I have to charge the customer on the invoice plus vat? Which means that when the goods land in the U.K. DO YOU CHARGE UK VAT WHEN SELLING TO USA FROM UK? Question. Good morning. My name is Mark and I’m currently in the process of expanding my brand to sell into USA and Canada from the UK. We will be selling our garments to indivdual customers based in the USA and Canada and we would like to know the UK VAT rules that apply to these distance selling exports. 3 TIPS FOR OVERSEAS MARKETING The internet can quickly connect your business with the rest of the world. With that in mind, here are three tactics you can implement today to help set you on the road to overseas marketing success: 1. International website for English speaking countries. This is HOW TO DEAL WITH EXCHANGE RATE RISK 25% discount on export document preparation. 40% discount on credit reports (which help you control your business’ exposure to international risk by giving you accurate information on new overseas customers and suppliers) Free exchange rate iAlerts – keeping you up to date with any rate fluctuations that could affect your trading.ICC INCOTERMS®2020
At the beginning of 2020 we will see the introduction of the latest version of Incoterms® known as ICC Incoterms®2020. Since the UK’s referendum in 2016 to stay or leave the EU, there has been an increase in companies wanting to understand more about import and export processes. Even so, with this surge in interest, Incoterms® is stillone
10 THINGS TO CONSIDER BEFORE ENTERING A NEW MARKET Wuhan Hezhong Biochemical Manufacturing Co.,Ltd was established in 2004,which is a pforessional manufacturer of fine deng,steroid powder,trenbolone,Injectable steroids ,pharmaceutical chemicals biochemical and pharmaceutical raw materials intergrating R&D and marketing with producing and service.Owing self-support import &export rights,our company specialize in Abolic Raw steroids CUSTOMS AUTHORISATION NUMBER You can apply to become one online through the HMRC website (search Approved Exporter form C1454). Once you are an Approved Exporter, you will have an authorisation number (for input 1) and can use this statement on your commercial invoice for all EU (2) origin goods. Hope this helps. Feel free to contact me should you need further info. W8-BEN - OPEN TO EXPORT Despite doing business with american companies for many years a client is asking me to provide a W8-BEN form and I am having trouble with Part II – the box to tick for question 9 and what to fill in for box 10. An issue is that I am self-employed (a sole trader) rather than A GUIDE TO LETTER OF CREDIT CHARGES A Guide to Letter of Credit Charges. 6th February 2015. 1293726947@qq.com. In the current global financial climate, many internationally trading companies are turning to Letters of Credit as a means of securing payment from buyers in new or difficult markets. We are hearing from an increasing number of clients who are beingsubjected to sudden
EPC CERTIFICATE / CLEARANCE Morning We have recently won a contract to supply a service in Doha, Qatar and are experiencing great difficulty in gaining clearance for one of our chemicals (Isopropyl Alcohol – Dangerous Good). Our shipment is currently on hold in Dubai and is becoming urgent. Numerous emails to the relevant Qatari department have been read and DROP SHIPPING INVOICE REQUIREMENTS Hello, I’m James and I work for a health company in Yorkshire. My query is related to drop shipping. We have a distributor in Finland who is branching out into Norway via a third party. We will be shipping direct to Norway but invoicing our distributor in Finland. Of course, we cannot declare our Finnish SHOULD WE SET UP AN EU BASED SUBSIDIARY Question. The question, “Will having a EU based subsidiary ease business within the EU for UK companies after Brexit?” comes from a recent webinar we hosted on What exporters need to know about Brexit in 2018. The answer below comes from Enterprise Europe Network who spoke alongside the Institute of Export & International Trade to give an overview of the challenges and opportunities that HELPING UK BUSINESSES TO SELL OVERSEAS The Open to Export Action Plan is a FREE and EASY to use online planning tool for small businesses planning to make the most of the export opportunities to international markets. Generate your Export Action Plan as a PDF report to share with your stakeholders for a BORDER OPERATING MODEL 4 | EXPORT.ORG.UK Contents Customs declarations Preparation SPS documentation What is the Border Operating Model Revised timeline andaffected goods
TOP 10 TIPS FOR DOING BUSINESS WITH THE USA Lesley Batchelor OBE is an expert on international trade and a passionate champion of UK exporters. She is also the Director General of the Institute of Export, the professional membership body representing and supporting the interests of everyone involved in importing, exporting and international trade. Doing business in the USA is different to doing business in the WORKING WITH AGENTS AND DISTRIBUTORS IN HOW FREIGHT RATES ARE CALCULATED Mark Woolnough is a freight expert with nearly 20 years’ experience and know how in setting freight rates and is the founder of Freight Filter Ltd. Freight rates are simply the price at which a certain cargo is delivered from one point to another. STEEL SECTOR IN MEXICO Steel sector in Mexico. Mexico is the 2 nd largest steel producer in Latin America and is considered to be in the top 13 largest steel producers in the world. Its consumption is almost the same as Brazil. The country is a huge steel consumer, and steel products are also exported, obtaining a value of US$25,760 (Source: Canacero, 2012). EPC CERTIFICATE / CLEARANCE Morning We have recently won a contract to supply a service in Doha, Qatar and are experiencing great difficulty in gaining clearance for one of our chemicals (Isopropyl Alcohol – Dangerous Good). Our shipment is currently on hold in Dubai and is becoming urgent. Numerous emails to the relevant Qatari department have been read and CUSTOMS AUTHORISATION NUMBER You can apply to become one online through the HMRC website (search Approved Exporter form C1454). Once you are an Approved Exporter, you will have an authorisation number (for input 1) and can use this statement on your commercial invoice for all EU (2) origin goods. Hope this helps. Feel free to contact me should you need further info. INVOICING AND EXPORTING TO NORWAY The supply of exported goods is zero-rated provided certain conditions are met. Assuming you own the goods and export them (or arrange for them to be exported) outside the EC, for example, Norway, you can zero rate your sale as a direct export. Paragraph 3.3 of VAT Notice 703 – Export of goods from the UK explains the conditions for zero EXPORT OF ANTIQUES TO THE US Answer. In the U.S., imports are regulated by Customs & Border Protection (CBP). From CBP’s website: "For U.S. Customs and Border Protection purposes an antique must be over 100 years of age at the time of importation. Antiques classified under heading 9706 in the Harmonized Tariff Schedule (HTS) are duty-free, provided the importerhas proof
HELPING UK BUSINESSES TO SELL OVERSEAS The Open to Export Action Plan is a FREE and EASY to use online planning tool for small businesses planning to make the most of the export opportunities to international markets. Generate your Export Action Plan as a PDF report to share with your stakeholders for a BORDER OPERATING MODEL 4 | EXPORT.ORG.UK Contents Customs declarations Preparation SPS documentation What is the Border Operating Model Revised timeline andaffected goods
TOP 10 TIPS FOR DOING BUSINESS WITH THE USA Lesley Batchelor OBE is an expert on international trade and a passionate champion of UK exporters. She is also the Director General of the Institute of Export, the professional membership body representing and supporting the interests of everyone involved in importing, exporting and international trade. Doing business in the USA is different to doing business in the WORKING WITH AGENTS AND DISTRIBUTORS IN HOW FREIGHT RATES ARE CALCULATED Mark Woolnough is a freight expert with nearly 20 years’ experience and know how in setting freight rates and is the founder of Freight Filter Ltd. Freight rates are simply the price at which a certain cargo is delivered from one point to another. STEEL SECTOR IN MEXICO Steel sector in Mexico. Mexico is the 2 nd largest steel producer in Latin America and is considered to be in the top 13 largest steel producers in the world. Its consumption is almost the same as Brazil. The country is a huge steel consumer, and steel products are also exported, obtaining a value of US$25,760 (Source: Canacero, 2012). EPC CERTIFICATE / CLEARANCE Morning We have recently won a contract to supply a service in Doha, Qatar and are experiencing great difficulty in gaining clearance for one of our chemicals (Isopropyl Alcohol – Dangerous Good). Our shipment is currently on hold in Dubai and is becoming urgent. Numerous emails to the relevant Qatari department have been read and CUSTOMS AUTHORISATION NUMBER You can apply to become one online through the HMRC website (search Approved Exporter form C1454). Once you are an Approved Exporter, you will have an authorisation number (for input 1) and can use this statement on your commercial invoice for all EU (2) origin goods. Hope this helps. Feel free to contact me should you need further info. INVOICING AND EXPORTING TO NORWAY The supply of exported goods is zero-rated provided certain conditions are met. Assuming you own the goods and export them (or arrange for them to be exported) outside the EC, for example, Norway, you can zero rate your sale as a direct export. Paragraph 3.3 of VAT Notice 703 – Export of goods from the UK explains the conditions for zero EXPORT OF ANTIQUES TO THE US Answer. In the U.S., imports are regulated by Customs & Border Protection (CBP). From CBP’s website: "For U.S. Customs and Border Protection purposes an antique must be over 100 years of age at the time of importation. Antiques classified under heading 9706 in the Harmonized Tariff Schedule (HTS) are duty-free, provided the importerhas proof
EPC CERTIFICATE / CLEARANCE Morning We have recently won a contract to supply a service in Doha, Qatar and are experiencing great difficulty in gaining clearance for one of our chemicals (Isopropyl Alcohol – Dangerous Good). Our shipment is currently on hold in Dubai and is becoming urgent. Numerous emails to the relevant Qatari department have been read and HOW TO DEAL WITH EXCHANGE RATE RISK 25% discount on export document preparation. 40% discount on credit reports (which help you control your business’ exposure to international risk by giving you accurate information on new overseas customers and suppliers) Free exchange rate iAlerts – keeping you up to date with any rate fluctuations that could affect your trading. 10 THINGS TO CONSIDER BEFORE ENTERING A NEW MARKET Wuhan Hezhong Biochemical Manufacturing Co.,Ltd was established in 2004,which is a pforessional manufacturer of fine deng,steroid powder,trenbolone,Injectable steroids ,pharmaceutical chemicals biochemical and pharmaceutical raw materials intergrating R&D and marketing with producing and service.Owing self-support import &export rights,our company specialize in Abolic Raw steroids CUSTOMS AUTHORISATION NUMBER You can apply to become one online through the HMRC website (search Approved Exporter form C1454). Once you are an Approved Exporter, you will have an authorisation number (for input 1) and can use this statement on your commercial invoice for all EU (2) origin goods. Hope this helps. Feel free to contact me should you need further info. 7 HIGHLY EFFECTIVE TIPS TO BE A TRANSFORMATIONAL LEADER Allow Followers to Express Creativity. It is important to provide intellectual stimulation to the followers. Your followers need to feel free to express the creativity. Effective leaders are expected to offer challenges along with support to the followers of the think of creative ways to solve problems. One of the better ways to encourage TOP TEN U.S. TRADE QUESTIONS Continuing in this series of the top 10 FAQs that UKTI receives, we’ll explore the next topic of UK/US trade: Importing Commercial Samples. The United States Customs & Border Protection (CBP) has developed a comprehensive 20-page document that explains the different methods of importing samples and prototypes into the United States: Importation of Commercial Samples. PROS AND CONS OF PRICING IN A LOCAL CURRENCY: ADVICE FOR Lesley Batchelor OBE is an expert on international trade and a passionate champion of UK exporters.She is also the Director General of the Institute of Export, the professional membership body representing and supporting the interests of everyone involved in importing, exporting and international trade.In this article she discusses the pros and cons of dealing in different currencies and how RULES OF ORIGIN IN THE UK EU TRADE DEAL The UK-EU Trade and Cooperation Agreement secured tariff-free trade for businesses trading between the UK and EU following the end of the transition period on 31 December 2020. However, to qualify for this tariff and quota-free trade, firms need to comply with Rules of Origin specified by the deal. This one-hour webinar from the Institute of EXPORT OF ANTIQUES TO THE US Answer. In the U.S., imports are regulated by Customs & Border Protection (CBP). From CBP’s website: "For U.S. Customs and Border Protection purposes an antique must be over 100 years of age at the time of importation. Antiques classified under heading 9706 in the Harmonized Tariff Schedule (HTS) are duty-free, provided the importerhas proof
SECOND HAND CLOTHES EXPORTING INFORMATION Hi my name is Shahid Salim . I run a cash 4 clothes shop in Guildford. Our service is defined as the buying of second hand used clothing and accessories from the general public. We are now looking to export our goods to Saharan African countries ,East Europe and other developingnations . How do
HELPING UK BUSINESSES TO SELL OVERSEAS The Open to Export Action Plan is a FREE and EASY to use online planning tool for small businesses planning to make the most of the export opportunities to international markets. Generate your Export Action Plan as a PDF report to share with your stakeholders for a BORDER OPERATING MODEL 4 | EXPORT.ORG.UK Contents Customs declarations Preparation SPS documentation What is the Border Operating Model Revised timeline andaffected goods
HOW TO CAPTURE FILIPINO CONSUMERS? Preferences. According to Luz Barra, commercial director of consumer knowledge and insights firm, Kantar Worldpanel, Filipino consumers could be understood by analyzing their product preference (s) for beauty, hygiene, health, and convenience. 72% of Filipinas admitted that they would like to improve their hair and change their complexion STEEL SECTOR IN MEXICO Steel sector in Mexico. Mexico is the 2 nd largest steel producer in Latin America and is considered to be in the top 13 largest steel producers in the world. Its consumption is almost the same as Brazil. The country is a huge steel consumer, and steel products are also exported, obtaining a value of US$25,760 (Source: Canacero, 2012). CUSTOMS AUTHORISATION NUMBER You can apply to become one online through the HMRC website (search Approved Exporter form C1454). Once you are an Approved Exporter, you will have an authorisation number (for input 1) and can use this statement on your commercial invoice for all EU (2) origin goods. Hope this helps. Feel free to contact me should you need further info. EPC CERTIFICATE / CLEARANCE Morning We have recently won a contract to supply a service in Doha, Qatar and are experiencing great difficulty in gaining clearance for one of our chemicals (Isopropyl Alcohol – Dangerous Good). Our shipment is currently on hold in Dubai and is becoming urgent. Numerous emails to the relevant Qatari department have been read and INVOICING AND EXPORTING TO NORWAY The supply of exported goods is zero-rated provided certain conditions are met. Assuming you own the goods and export them (or arrange for them to be exported) outside the EC, for example, Norway, you can zero rate your sale as a direct export. Paragraph 3.3 of VAT Notice 703 – Export of goods from the UK explains the conditions for zero ENQUIRY ABOUT TAX ON SERVICES SUPPLIED FROM UK TO INDIA Yes, there is a ‘Withholding Tax’ on services provided by a foreign (non Indian) provider. The base rate of Tax should be 20% (there could be surcharge over and above that). Most important is that the deductor (Indian company) will provide you a certificate stating the amount of tax deducted in India. The same amount can be claimed asa tax
SECOND HAND CLOTHES EXPORTING INFORMATION Hi my name is Shahid Salim . I run a cash 4 clothes shop in Guildford. Our service is defined as the buying of second hand used clothing and accessories from the general public. We are now looking to export our goods to Saharan African countries ,East Europe and other developingnations . How do
EXPORT OF ANTIQUES TO THE US Answer. In the U.S., imports are regulated by Customs & Border Protection (CBP). From CBP’s website: "For U.S. Customs and Border Protection purposes an antique must be over 100 years of age at the time of importation. Antiques classified under heading 9706 in the Harmonized Tariff Schedule (HTS) are duty-free, provided the importerhas proof
HELPING UK BUSINESSES TO SELL OVERSEAS The Open to Export Action Plan is a FREE and EASY to use online planning tool for small businesses planning to make the most of the export opportunities to international markets. Generate your Export Action Plan as a PDF report to share with your stakeholders for a BORDER OPERATING MODEL 4 | EXPORT.ORG.UK Contents Customs declarations Preparation SPS documentation What is the Border Operating Model Revised timeline andaffected goods
HOW TO CAPTURE FILIPINO CONSUMERS? Preferences. According to Luz Barra, commercial director of consumer knowledge and insights firm, Kantar Worldpanel, Filipino consumers could be understood by analyzing their product preference (s) for beauty, hygiene, health, and convenience. 72% of Filipinas admitted that they would like to improve their hair and change their complexion STEEL SECTOR IN MEXICO Steel sector in Mexico. Mexico is the 2 nd largest steel producer in Latin America and is considered to be in the top 13 largest steel producers in the world. Its consumption is almost the same as Brazil. The country is a huge steel consumer, and steel products are also exported, obtaining a value of US$25,760 (Source: Canacero, 2012). CUSTOMS AUTHORISATION NUMBER You can apply to become one online through the HMRC website (search Approved Exporter form C1454). Once you are an Approved Exporter, you will have an authorisation number (for input 1) and can use this statement on your commercial invoice for all EU (2) origin goods. Hope this helps. Feel free to contact me should you need further info. EPC CERTIFICATE / CLEARANCE Morning We have recently won a contract to supply a service in Doha, Qatar and are experiencing great difficulty in gaining clearance for one of our chemicals (Isopropyl Alcohol – Dangerous Good). Our shipment is currently on hold in Dubai and is becoming urgent. Numerous emails to the relevant Qatari department have been read and INVOICING AND EXPORTING TO NORWAY The supply of exported goods is zero-rated provided certain conditions are met. Assuming you own the goods and export them (or arrange for them to be exported) outside the EC, for example, Norway, you can zero rate your sale as a direct export. Paragraph 3.3 of VAT Notice 703 – Export of goods from the UK explains the conditions for zero ENQUIRY ABOUT TAX ON SERVICES SUPPLIED FROM UK TO INDIA Yes, there is a ‘Withholding Tax’ on services provided by a foreign (non Indian) provider. The base rate of Tax should be 20% (there could be surcharge over and above that). Most important is that the deductor (Indian company) will provide you a certificate stating the amount of tax deducted in India. The same amount can be claimed asa tax
SECOND HAND CLOTHES EXPORTING INFORMATION Hi my name is Shahid Salim . I run a cash 4 clothes shop in Guildford. Our service is defined as the buying of second hand used clothing and accessories from the general public. We are now looking to export our goods to Saharan African countries ,East Europe and other developingnations . How do
EXPORT OF ANTIQUES TO THE US Answer. In the U.S., imports are regulated by Customs & Border Protection (CBP). From CBP’s website: "For U.S. Customs and Border Protection purposes an antique must be over 100 years of age at the time of importation. Antiques classified under heading 9706 in the Harmonized Tariff Schedule (HTS) are duty-free, provided the importerhas proof
HOW TO DEAL WITH EXCHANGE RATE RISK 25% discount on export document preparation. 40% discount on credit reports (which help you control your business’ exposure to international risk by giving you accurate information on new overseas customers and suppliers) Free exchange rate iAlerts – keeping you up to date with any rate fluctuations that could affect your trading. 10 THINGS TO CONSIDER BEFORE ENTERING A NEW MARKET Wuhan Hezhong Biochemical Manufacturing Co.,Ltd was established in 2004,which is a pforessional manufacturer of fine deng,steroid powder,trenbolone,Injectable steroids ,pharmaceutical chemicals biochemical and pharmaceutical raw materials intergrating R&D and marketing with producing and service.Owing self-support import &export rights,our company specialize in Abolic Raw steroids EPC CERTIFICATE / CLEARANCE Morning We have recently won a contract to supply a service in Doha, Qatar and are experiencing great difficulty in gaining clearance for one of our chemicals (Isopropyl Alcohol – Dangerous Good). Our shipment is currently on hold in Dubai and is becoming urgent. Numerous emails to the relevant Qatari department have been read and 7 HIGHLY EFFECTIVE TIPS TO BE A TRANSFORMATIONAL LEADER Allow Followers to Express Creativity. It is important to provide intellectual stimulation to the followers. Your followers need to feel free to express the creativity. Effective leaders are expected to offer challenges along with support to the followers of the think of creative ways to solve problems. One of the better ways to encourage HOW FREIGHT RATES ARE CALCULATED Mark Woolnough is a freight expert with nearly 20 years’ experience and know how in setting freight rates and is the founder of Freight Filter Ltd. Freight rates are simply the price at which a certain cargo is delivered from one point to another. CUSTOMS AUTHORISATION NUMBER You can apply to become one online through the HMRC website (search Approved Exporter form C1454). Once you are an Approved Exporter, you will have an authorisation number (for input 1) and can use this statement on your commercial invoice for all EU (2) origin goods. Hope this helps. Feel free to contact me should you need further info. WORKING WITH AGENTS AND DISTRIBUTORS IN A distributor will usually take between 25 and 60 per cent of the money made from sales of your product in the market. In summary, working with an agent is a decision to effectively sub-contract your overseas sales function to people with the required in-market knowledge and experience, while a distributor is a customer for yourproduct in the
RULES OF ORIGIN IN THE UK EU TRADE DEAL The UK-EU Trade and Cooperation Agreement secured tariff-free trade for businesses trading between the UK and EU following the end of the transition period on 31 December 2020. However, to qualify for this tariff and quota-free trade, firms need to comply with Rules of Origin specified by the deal. This one-hour webinar from the Institute of A GUIDE TO LETTER OF CREDIT CHARGES A Guide to Letter of Credit Charges. 6th February 2015. 1293726947@qq.com. In the current global financial climate, many internationally trading companies are turning to Letters of Credit as a means of securing payment from buyers in new or difficult markets. We are hearing from an increasing number of clients who are beingsubjected to sudden
SECOND HAND CLOTHES EXPORTING INFORMATION Hi my name is Shahid Salim . I run a cash 4 clothes shop in Guildford. Our service is defined as the buying of second hand used clothing and accessories from the general public. We are now looking to export our goods to Saharan African countries ,East Europe and other developingnations . How do
HELPING UK BUSINESSES TO SELL OVERSEAS The Open to Export Action Plan is a FREE and EASY to use online planning tool for small businesses planning to make the most of the export opportunities to international markets. Generate your Export Action Plan as a PDF report to share with your stakeholders for a BORDER OPERATING MODEL 4 | EXPORT.ORG.UK Contents Customs declarations Preparation SPS documentation What is the Border Operating Model Revised timeline andaffected goods
HOW TO CAPTURE FILIPINO CONSUMERS? Preferences. According to Luz Barra, commercial director of consumer knowledge and insights firm, Kantar Worldpanel, Filipino consumers could be understood by analyzing their product preference (s) for beauty, hygiene, health, and convenience. 72% of Filipinas admitted that they would like to improve their hair and change their complexion STEEL SECTOR IN MEXICO Steel sector in Mexico. Mexico is the 2 nd largest steel producer in Latin America and is considered to be in the top 13 largest steel producers in the world. Its consumption is almost the same as Brazil. The country is a huge steel consumer, and steel products are also exported, obtaining a value of US$25,760 (Source: Canacero, 2012). CUSTOMS AUTHORISATION NUMBER You can apply to become one online through the HMRC website (search Approved Exporter form C1454). Once you are an Approved Exporter, you will have an authorisation number (for input 1) and can use this statement on your commercial invoice for all EU (2) origin goods. Hope this helps. Feel free to contact me should you need further info. EPC CERTIFICATE / CLEARANCE Morning We have recently won a contract to supply a service in Doha, Qatar and are experiencing great difficulty in gaining clearance for one of our chemicals (Isopropyl Alcohol – Dangerous Good). Our shipment is currently on hold in Dubai and is becoming urgent. Numerous emails to the relevant Qatari department have been read and INVOICING AND EXPORTING TO NORWAY The supply of exported goods is zero-rated provided certain conditions are met. Assuming you own the goods and export them (or arrange for them to be exported) outside the EC, for example, Norway, you can zero rate your sale as a direct export. Paragraph 3.3 of VAT Notice 703 – Export of goods from the UK explains the conditions for zero ENQUIRY ABOUT TAX ON SERVICES SUPPLIED FROM UK TO INDIA Yes, there is a ‘Withholding Tax’ on services provided by a foreign (non Indian) provider. The base rate of Tax should be 20% (there could be surcharge over and above that). Most important is that the deductor (Indian company) will provide you a certificate stating the amount of tax deducted in India. The same amount can be claimed asa tax
SECOND HAND CLOTHES EXPORTING INFORMATION Hi my name is Shahid Salim . I run a cash 4 clothes shop in Guildford. Our service is defined as the buying of second hand used clothing and accessories from the general public. We are now looking to export our goods to Saharan African countries ,East Europe and other developingnations . How do
EXPORT OF ANTIQUES TO THE US Answer. In the U.S., imports are regulated by Customs & Border Protection (CBP). From CBP’s website: "For U.S. Customs and Border Protection purposes an antique must be over 100 years of age at the time of importation. Antiques classified under heading 9706 in the Harmonized Tariff Schedule (HTS) are duty-free, provided the importerhas proof
HELPING UK BUSINESSES TO SELL OVERSEAS The Open to Export Action Plan is a FREE and EASY to use online planning tool for small businesses planning to make the most of the export opportunities to international markets. Generate your Export Action Plan as a PDF report to share with your stakeholders for a BORDER OPERATING MODEL 4 | EXPORT.ORG.UK Contents Customs declarations Preparation SPS documentation What is the Border Operating Model Revised timeline andaffected goods
HOW TO CAPTURE FILIPINO CONSUMERS? Preferences. According to Luz Barra, commercial director of consumer knowledge and insights firm, Kantar Worldpanel, Filipino consumers could be understood by analyzing their product preference (s) for beauty, hygiene, health, and convenience. 72% of Filipinas admitted that they would like to improve their hair and change their complexion STEEL SECTOR IN MEXICO Steel sector in Mexico. Mexico is the 2 nd largest steel producer in Latin America and is considered to be in the top 13 largest steel producers in the world. Its consumption is almost the same as Brazil. The country is a huge steel consumer, and steel products are also exported, obtaining a value of US$25,760 (Source: Canacero, 2012). CUSTOMS AUTHORISATION NUMBER You can apply to become one online through the HMRC website (search Approved Exporter form C1454). Once you are an Approved Exporter, you will have an authorisation number (for input 1) and can use this statement on your commercial invoice for all EU (2) origin goods. Hope this helps. Feel free to contact me should you need further info. EPC CERTIFICATE / CLEARANCE Morning We have recently won a contract to supply a service in Doha, Qatar and are experiencing great difficulty in gaining clearance for one of our chemicals (Isopropyl Alcohol – Dangerous Good). Our shipment is currently on hold in Dubai and is becoming urgent. Numerous emails to the relevant Qatari department have been read and INVOICING AND EXPORTING TO NORWAY The supply of exported goods is zero-rated provided certain conditions are met. Assuming you own the goods and export them (or arrange for them to be exported) outside the EC, for example, Norway, you can zero rate your sale as a direct export. Paragraph 3.3 of VAT Notice 703 – Export of goods from the UK explains the conditions for zero ENQUIRY ABOUT TAX ON SERVICES SUPPLIED FROM UK TO INDIA Yes, there is a ‘Withholding Tax’ on services provided by a foreign (non Indian) provider. The base rate of Tax should be 20% (there could be surcharge over and above that). Most important is that the deductor (Indian company) will provide you a certificate stating the amount of tax deducted in India. The same amount can be claimed asa tax
SECOND HAND CLOTHES EXPORTING INFORMATION Hi my name is Shahid Salim . I run a cash 4 clothes shop in Guildford. Our service is defined as the buying of second hand used clothing and accessories from the general public. We are now looking to export our goods to Saharan African countries ,East Europe and other developingnations . How do
EXPORT OF ANTIQUES TO THE US Answer. In the U.S., imports are regulated by Customs & Border Protection (CBP). From CBP’s website: "For U.S. Customs and Border Protection purposes an antique must be over 100 years of age at the time of importation. Antiques classified under heading 9706 in the Harmonized Tariff Schedule (HTS) are duty-free, provided the importerhas proof
HOW TO DEAL WITH EXCHANGE RATE RISK 25% discount on export document preparation. 40% discount on credit reports (which help you control your business’ exposure to international risk by giving you accurate information on new overseas customers and suppliers) Free exchange rate iAlerts – keeping you up to date with any rate fluctuations that could affect your trading. 10 THINGS TO CONSIDER BEFORE ENTERING A NEW MARKET Wuhan Hezhong Biochemical Manufacturing Co.,Ltd was established in 2004,which is a pforessional manufacturer of fine deng,steroid powder,trenbolone,Injectable steroids ,pharmaceutical chemicals biochemical and pharmaceutical raw materials intergrating R&D and marketing with producing and service.Owing self-support import &export rights,our company specialize in Abolic Raw steroids EPC CERTIFICATE / CLEARANCE Morning We have recently won a contract to supply a service in Doha, Qatar and are experiencing great difficulty in gaining clearance for one of our chemicals (Isopropyl Alcohol – Dangerous Good). Our shipment is currently on hold in Dubai and is becoming urgent. Numerous emails to the relevant Qatari department have been read and 7 HIGHLY EFFECTIVE TIPS TO BE A TRANSFORMATIONAL LEADER Allow Followers to Express Creativity. It is important to provide intellectual stimulation to the followers. Your followers need to feel free to express the creativity. Effective leaders are expected to offer challenges along with support to the followers of the think of creative ways to solve problems. One of the better ways to encourage HOW FREIGHT RATES ARE CALCULATED Mark Woolnough is a freight expert with nearly 20 years’ experience and know how in setting freight rates and is the founder of Freight Filter Ltd. Freight rates are simply the price at which a certain cargo is delivered from one point to another. CUSTOMS AUTHORISATION NUMBER You can apply to become one online through the HMRC website (search Approved Exporter form C1454). Once you are an Approved Exporter, you will have an authorisation number (for input 1) and can use this statement on your commercial invoice for all EU (2) origin goods. Hope this helps. Feel free to contact me should you need further info. WORKING WITH AGENTS AND DISTRIBUTORS IN A distributor will usually take between 25 and 60 per cent of the money made from sales of your product in the market. In summary, working with an agent is a decision to effectively sub-contract your overseas sales function to people with the required in-market knowledge and experience, while a distributor is a customer for yourproduct in the
RULES OF ORIGIN IN THE UK EU TRADE DEAL The UK-EU Trade and Cooperation Agreement secured tariff-free trade for businesses trading between the UK and EU following the end of the transition period on 31 December 2020. However, to qualify for this tariff and quota-free trade, firms need to comply with Rules of Origin specified by the deal. This one-hour webinar from the Institute of A GUIDE TO LETTER OF CREDIT CHARGES A Guide to Letter of Credit Charges. 6th February 2015. 1293726947@qq.com. In the current global financial climate, many internationally trading companies are turning to Letters of Credit as a means of securing payment from buyers in new or difficult markets. We are hearing from an increasing number of clients who are beingsubjected to sudden
SECOND HAND CLOTHES EXPORTING INFORMATION Hi my name is Shahid Salim . I run a cash 4 clothes shop in Guildford. Our service is defined as the buying of second hand used clothing and accessories from the general public. We are now looking to export our goods to Saharan African countries ,East Europe and other developingnations . How do
HELPING UK BUSINESSES TO SELL OVERSEAS The Open to Export Action Plan is a FREE and EASY to use online planning tool for small businesses planning to make the most of the export opportunities to international markets. Generate your Export Action Plan as a PDF report to share with your stakeholders for a EXPORTING TO THE UAE Our advice for UAE or any other export destination is that exporters should ask their end customer or importer what documentation they require as they will know their local procedures. For example UAE is a Arab League country where an Arab Certificate of Origin is recommended but some customers choose to use an EC Certificate of Origin. TOP TEN U.S. TRADE QUESTIONS TOP TEN U.S. TRADE QUESTIONS – #5 Commercial Samples. Continuing in this series of the top 10 FAQs that UKTI receives, we’ll explore the next topic of UK/US trade: The United States Customs & Border Protection (CBP) has developed a comprehensive 20-page document that explains the different methods of importing samples and prototypesinto
TEMPORARY EXPORT TO DRC If the electrical test equipment originates from the USA you will require US export permission for it to go there. Also, depending on the type of equipment (high tech) and end-use you may need a UK export licence too. Do check all of this out before sending the items out of the UK. DR Congo do not have a formal temporary import procedures so ENQUIRY ABOUT TAX ON SERVICES SUPPLIED FROM UK TO INDIA Yes, there is a ‘Withholding Tax’ on services provided by a foreign (non Indian) provider. The base rate of Tax should be 20% (there could be surcharge over and above that). Most important is that the deductor (Indian company) will provide you a certificate stating the amount of tax deducted in India. The same amount can be claimed asa tax
IMPORT INTO BANGALORE ICD 1. For exporters to Bangalore ICD (or any Indian port for that matter) FOB shipment terms are almost always most appropriate. Advise the importer that hiring an Indian freight forwarder is the most cost effective. Use a U.K agent for the U.K. collection, THC, port and customs entry but let the importer’s agent handle everything else. DROP SHIPPING INVOICE REQUIREMENTS Hello, I’m James and I work for a health company in Yorkshire. My query is related to drop shipping. We have a distributor in Finland who is branching out into Norway via a third party. We will be shipping direct to Norway but invoicing our distributor in Finland. Of course, we cannot declare our Finnish EXPORTING BEER FROM OUR BREWERY TO FRANCE Answer. Hi Léo, To save you having to pay UK duty on the beer destined for France you would typically ship the goods in duty suspension. To do this you need to register with HMRC to have a tax warehouse, if you haven’t already. You will be issued with a GBWK number (warehouse keeper number) and GB number for each approvedwarehouse.
WHAT ARE THE RULES REGARDING EXPORT OF SECOND HAND Answer. Dear Li My name is Chris Willers and I run an export services company called Access to Export Ltd based near Cambridge. Firstly in order to export you will need to apply to HMRC for a EORI (Economic Operator Reference and Identification) number to identify you as a trader engaged in international trade. DO YOU CHARGE UK VAT WHEN SELLING TO USA FROM UK? Question. Good morning. My name is Mark and I’m currently in the process of expanding my brand to sell into USA and Canada from the UK. We will be selling our garments to indivdual customers based in the USA and Canada and we would like to know the UK VAT rules that apply to these distance selling exports. HELPING UK BUSINESSES TO SELL OVERSEAS The Open to Export Action Plan is a FREE and EASY to use online planning tool for small businesses planning to make the most of the export opportunities to international markets. Generate your Export Action Plan as a PDF report to share with your stakeholders for a EXPORTING TO THE UAE Our advice for UAE or any other export destination is that exporters should ask their end customer or importer what documentation they require as they will know their local procedures. For example UAE is a Arab League country where an Arab Certificate of Origin is recommended but some customers choose to use an EC Certificate of Origin. TOP TEN U.S. TRADE QUESTIONS TOP TEN U.S. TRADE QUESTIONS – #5 Commercial Samples. Continuing in this series of the top 10 FAQs that UKTI receives, we’ll explore the next topic of UK/US trade: The United States Customs & Border Protection (CBP) has developed a comprehensive 20-page document that explains the different methods of importing samples and prototypesinto
TEMPORARY EXPORT TO DRC If the electrical test equipment originates from the USA you will require US export permission for it to go there. Also, depending on the type of equipment (high tech) and end-use you may need a UK export licence too. Do check all of this out before sending the items out of the UK. DR Congo do not have a formal temporary import procedures so ENQUIRY ABOUT TAX ON SERVICES SUPPLIED FROM UK TO INDIA Yes, there is a ‘Withholding Tax’ on services provided by a foreign (non Indian) provider. The base rate of Tax should be 20% (there could be surcharge over and above that). Most important is that the deductor (Indian company) will provide you a certificate stating the amount of tax deducted in India. The same amount can be claimed asa tax
IMPORT INTO BANGALORE ICD 1. For exporters to Bangalore ICD (or any Indian port for that matter) FOB shipment terms are almost always most appropriate. Advise the importer that hiring an Indian freight forwarder is the most cost effective. Use a U.K agent for the U.K. collection, THC, port and customs entry but let the importer’s agent handle everything else. DROP SHIPPING INVOICE REQUIREMENTS Hello, I’m James and I work for a health company in Yorkshire. My query is related to drop shipping. We have a distributor in Finland who is branching out into Norway via a third party. We will be shipping direct to Norway but invoicing our distributor in Finland. Of course, we cannot declare our Finnish EXPORTING BEER FROM OUR BREWERY TO FRANCE Answer. Hi Léo, To save you having to pay UK duty on the beer destined for France you would typically ship the goods in duty suspension. To do this you need to register with HMRC to have a tax warehouse, if you haven’t already. You will be issued with a GBWK number (warehouse keeper number) and GB number for each approvedwarehouse.
WHAT ARE THE RULES REGARDING EXPORT OF SECOND HAND Answer. Dear Li My name is Chris Willers and I run an export services company called Access to Export Ltd based near Cambridge. Firstly in order to export you will need to apply to HMRC for a EORI (Economic Operator Reference and Identification) number to identify you as a trader engaged in international trade. DO YOU CHARGE UK VAT WHEN SELLING TO USA FROM UK? Question. Good morning. My name is Mark and I’m currently in the process of expanding my brand to sell into USA and Canada from the UK. We will be selling our garments to indivdual customers based in the USA and Canada and we would like to know the UK VAT rules that apply to these distance selling exports. EXPLAINING FREE TRADE AGREEMENTS AND RULES OF ORIGIN The basic type of agreement would stipulate that the origin can be determined by the non-originating material costs used in the manufacture of a product does not exceed a certain percentage of the ex-works price of the product, and the following four rules: Last: The very last place that processes took place. Substantial: The processingdone is
OVERCOMING BARRIERS TO TRADE Claire Harrison (Export Control Organisation) and Trevor Wood (Interexport Management Systems LTD) began the Export Control series by talking about export licenses for your goods.. You can watch the video of the webinar below, and check out our Recent Webinars page to access all the Open to Export webinars giving practical guidance and answers to all your exporting concerns.WHO IS THE EXPORTER
The answer to your question would normally be very easy. Under Incoterms 2012 ex works means that the buyer is responsible for obaining all of the export documentation and licences. Therefore you are not the exporter. However, having ECO (the Export Control Organisation) involved complicates things. As said in the commentabove you probably
STEEL SECTOR IN MEXICO Steel sector in Mexico. Mexico is the 2 nd largest steel producer in Latin America and is considered to be in the top 13 largest steel producers in the world. Its consumption is almost the same as Brazil. The country is a huge steel consumer, and steel products are also exported, obtaining a value of US$25,760 (Source: Canacero, 2012). HEALTHCARE SECTOR IN SPAIN Despite the current financial difficulties Spain continues to be a large market for healthcare products and services. Budget constraints have, however, opened up new opportunities for UK firms. Market overview The privatisation of health service provision is gathering pace and as the industry readjusts the demand for innovate, cost-saving products will increase and alternative pathways DROP SHIPPING INVOICE REQUIREMENTS Hello, I’m James and I work for a health company in Yorkshire. My query is related to drop shipping. We have a distributor in Finland who is branching out into Norway via a third party. We will be shipping direct to Norway but invoicing our distributor in Finland. Of course, we cannot declare our Finnish OVERSEAS BUSINESS RISK Information on key security and political risks which UK businesses may face when operating in Czech Republic. Political and Economic UK exports to the Czech Republic were £1.72 billion in goods in 2012, making the Czech Republic the UK’s 28th largest export market globally. Two way trade is worth some £6.1 billion. There are many A GUIDE TO LETTER OF CREDIT CHARGES A Guide to Letter of Credit Charges. 6th February 2015. 1293726947@qq.com. In the current global financial climate, many internationally trading companies are turning to Letters of Credit as a means of securing payment from buyers in new or difficult markets. We are hearing from an increasing number of clients who are beingsubjected to sudden
WHAT ARE THE RULES REGARDING EXPORT OF SECOND HAND Answer. Dear Li My name is Chris Willers and I run an export services company called Access to Export Ltd based near Cambridge. Firstly in order to export you will need to apply to HMRC for a EORI (Economic Operator Reference and Identification) number to identify you as a trader engaged in international trade. HOW TO FILL OUT THE EXPORTER'S STATEMENT OF ORIGIN FORM Question. I need to fill out the exporters statement of origin form for a customer in Canada. The forms states: I certify that the goods described in this invoice were produced in the beneficiary country of _____ and that at least_____% of the ex-factory price of the goods originates in the beneficiary country of_____.YouTube
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