Understanding Import / Export Compliance
Ian Simmonds • Jan 31, 2019
International business can be problematic for companies.
Engaging in international business can be problematic for companies, due to the high level of regulations set and enforced by different Government Agencies.
- Companies find the field of import / export too complex and confusing. Subsequently, they fail to exploit international business opportunities and create multiple new streams of income and profit for their businesses.
- Companies engage in import / export with the intention of being fully compliant with applicable laws and regulations, but due to misunderstandings find themselves in violation of the regulations and facing fines or penalties.
- Companies fail to maximise the full profit potential of importing products, due to not having full visibility and control of the costs within the end-to-end international supply chain.
- Companies may win export business, but not fully understand the overseas customer’s requirements or the terms and conditions of selling into that export market. This often results in reduced profit, as the export sales price agreed with the overseas customer was not fully inclusive of all costs.
Having over 35 years’ experience of international business and trade compliance, we have helped companies build successful and profitable import / export activities, whilst ensuring that they maximise compliance with laws and regulations. Depending on your business requirements, we have 5 different solutions to assist your company: -
- As Consultants we can identify business strategies to maximise your international business opportunities.
- As an Interim Executive we can provide a short-term heavyweight to provide skills and knowledge not otherwise in place, and deliver significant business benefits from the outset.
- By providing Outsourcing when a business has limited resources to manage import / export activities, we become your Import / Export Department. Therefore, freeing up internal resources and permitting the business to focus on their core activities.
- Acting as an Import / Export Sales Agency, we assist UK businesses in transporting and selling their products into international markets. We equally assist overseas companies in transporting and selling their products into the UK market.
- Focused Import / Export Training, which provides companies with the necessary skills to increase international business, develop new sales opportunities and substantially improve overall profits. Our in-house training is tailored, flexible, convenient and cost-effective.
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