Many years ago, you would have to travel to many countries to identify products to import or export. Now, it’s pretty simple; you can sit in the comfort of your home and complete everything using the internet.
If you are looking to expand your business and ship your products to other countries, you are at the right place! We’ve put together the four most important factors to help you start with international shipping as soon as possible.
Find a Reputable Shipping Partner
When sending packages abroad, you want to choose the best shipping partner to deliver all your shipments safely and on time. The best shipping service meets all your requirements and is not too expensive.
MyUS is one of the most trusted names in international shipping, and for a good reason. They’ve been in business for over 20 years, and in that time, they’ve shipped millions of packages worldwide. When you partner with MyUS, you can rest assured that your products will be well-cared for throughout the shipping process. They offer a wide range of shipping options to meet your needs, and their experienced team is always ready to answer any questions.
Even though many small business owners think that the organization of sending packages abroad is expensive and complicated, with that option, you also expand your business and significantly increase profits.
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Do Your Research
When it comes to international shipments, it is important to do your research as they are often subject to duties and taxes, which depend on different factors. Online calculators are available so you can get an idea of the types of taxes your products may apply to.
All these fees will also be added to your customers’ shipping costs. However, there are other options, such as DDP (Delivered Duty Paid), which means you can pay these expenses upfront. You will then need to add these costs to the product and list it as a duty/tax-free item.
Ensure you understand which documents you need to obtain and include them with your other documentation for international shipment. Note that the paperwork is different in every country, but most of the time, the two must-have papers are the commercial invoice and the export packing list.
Prepare Necessary Paperwork
At the end of each year, every government adopts a Regulation of the customs tariff nomenclature for the following year. These are the things you need to familiarize yourself with:
- Permits for importing and exporting goods, which are issued to import and export goods;
- Certificates for exporting and importing goods, which you can consult a lawyer;
- The declaration of goods, which contains different properties for different goods; and
- The origin of goods can be divided into two types: non-preferential and preferential. They depend on the location and the origin of goods, giving them certain properties and privileges.
To be more familiar with the terms and which one you need, consider hiring a legal representative who will guide you through the process to obtain the right paperwork.
Plan Ahead for International Shipping
A strategy that will help you prepare for international shipping is essential, and planning things in advance will benefit everyone. You need to get familiar with everything and talk to business owners already shipping their products internationally to help avoid issues you might experience.
As a business owner, you must be aware that there are procedures you must follow and documents you must obtain to ensure your products are legally transported to your customers abroad. Do not try to rush into anything.