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An Introduction to Importing
Suppliers around the world offer a wide variety of goods that might suit your business. You might be able to find lower-priced supplies, giving you a competitive edge, or new supplies that allow you to sell a completely different product. Just as when you buy within the UK, it is important to find good suppliers, make sure they offer what you want and negotiate the right deal.
Importing can also present complications, such as managing long-distance relationships and organising international transport and customs clearance. Common pitfalls can cause importers to incur unnecessary costs and delays in arrival of goods. Successful importing requires an understanding of customs rules and procedures as well as the duty and excise relief available.
This 1-day seminar will consider the basic procedures, terminology and documentation involved in importing. It will give an overview of the entire importing process including supplier selection, evaluation of risks, supply chain, terms of delivery, methods of payment, selection of clearing agent, duty and excise and the role of UK customs.
Who should attend?
- People who may be new to importing
- Existing importers seeking practical guidance
Benefits of attending
- Discuss the ability to make an informed choice of preferred methods of importing
- Discussions on how to avoid unforeseen costs
- Factoring in costs for importing
- The course is CPD certified to 10 points
- Clearing agents
- Supplier selection
- Risk management and reduction
- Payment methods
- Import documentation
- Sales contracts
- Import licences
- Duties and excise payable and reliefs available
Institute of Export and International Trade members receive a £100 discount.
To book this course please email: FTAIOEtraining@export.org.uk