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The Import Export Business Made Easy



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By : Martin Theman    29 or more times read
Submitted 2011-05-04 13:04:42
In order to advertise their exportation of their goods, there are many nations that have set up business offices in foreign nations. The foreign Consulates can provide you with the directories for industries and much more. Consulates are set up in different cities and Embassies are located in a nation's capital. There are several cases where the Embassy's website on the Internet will contain a contact information link that you can use for sourcing as well as producers lists and directories.

In order to import and export business goods you should communicate with that nations' Consulate that is located in your own nation. If you don't know what goods the other nation wants, you can obtain a list of producers and catalogues.

You should ask about the processes that you will have to follow such as the license number by contacting your taxation department. This number can be used on all related documents.

You should check on the requirements for a license if there are any. Although many nations don't have licensing requirements for many goods, if you are in the import export business and are trading goods that are considered high risk you might need a license. These goods include certain clothing items, certain food items, arms, chemicals, liquor, and pharmaceuticals. It is recommended that the entrepreneur begin with goods that are low risk items that have fewer barriers and that can be easily such as consumer items and giftware. In some nations, lobby groups guard certain manufactured goods, such as dairy farm products. You will have to face some restrictions and limits.

There are trade barriers and trade stoppages that are set up from one nation to another. For example, there are many nations that have embargoes against Cuba. In order to determine if there are trade stoppages or limitations against the nation that you want to deal with, you should contact your own government. Then, you should contact that nation's Embassy or Consulate to determine if there are limitations against goods from that nation.

If there is no Board of Trade locally, you should visit your local Chambers of Commerce. You should also use resources that can provide good trade information such as research libraries, in addition to networking.

Delays at the border are common for small businesses that want to use their own paperwork. You should use a custom agent because if you make a mistake, you can be fined.

You should know that when you are exporting, there is no one solution to customs handling on cargo ships that will be successful in all situations. All of the bargains that you find will be different. Every set of goods and their businesses will require a combination of services or another set of services. One possibility is to use the services of a Cargo forwarder. These cargo forwarders arrange for the customs duty and shipping for goods that are being shipped to other nations. Much the same as shopping for a new vehicle, you should check on these services and ask a lot of questions.

Author Resource:

Click here for more information about import export and china wholesale electronics .

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