Understanding VAT in Relation to Customs VAT in Relation to Customs Value Added Tax (VAT) is a significant component of international trade, closely linked to customs procedures. As businesses navigate the complexities of importing and exporting goods, understanding how VAT interacts with customs duties is crucial for compliance and financial efficiency. What is VAT? VAT …
One of the most common customs procedures is the export of goods outside the EU. Certainly, as the business activity develops, every entrepreneur who plans to establish international trade will be confronted with the export of goods. Therefore, it is worth remembering that delivering goods to, e.g. the USA, Switzerland, Norway or Ukraine will require …
The CE (Conformité Européenne) symbol is the main marking, which is the manufacturer’s declaration that the product meets the safety and quality requirements of the European Union. When the UK decided to leave the Community, it also abandoned the pan-European safety symbol and introduced its own, the UKCA (United Kingdom Conformity Assessment). To ensure a …
Extension of recognition of CE marking in the UK until 1 January 2023. Read More »
Every participant in international trade must comply with INCOTERMS delivery rules. Therefore, it is worth remembering the risk of accepting shipments on DDP conditions. Usually, this trap affects entrepreneurs who only start their import activity. To avoid unpleasant consequences and follow the maxim “prevention is better than cure”, we have prepared this article, in which …
