This practical course helps you to understand and work through the procedures and paperwork involved with conducting international trade.
Correct documentation is vital in international trade and directly impacts on your prospects of securing payment.
Good customs compliance is also vital, and can save costs and increase profitability.
Good customs compliance is also vital, and can save costs and increase profitability. This course provides an overview of the main documentation and procedures involved in a typical trade transaction and will demonstrate how these benefits can be achieved.
Description
This practical course helps you to understand and work through the procedures and paperwork involved with conducting international trade.
Correct documentation is vital in international trade and directly impacts on your prospects of securing payment.
Good customs compliance is also vital, and can save costs and increase profitability. This course provides an overview of the main documentation and procedures involved in a typical trade transaction and will demonstrate how these benefits can be achieved.
What will this workshop feature?
Introduction
- Introduction to Export – Benefits & Pitfalls
Incoterms®2010
- Understanding Incoterms®2010
- Risks and responsibilities of Buyer and Seller
- Cost obligations
Classification of Goods for Export
- Tariff Code/Commodity Code Explanation
- Country of Origin Rules
- Certificates of Origin
- EUR1
- Free Trade Agreements
Tax and Duty
- Duty and conditions for relief from customs duty
- VAT
Key Export Documents
- Commercial Invoice
- Packing List
- Shipping Documents
- Export Licenses
Payments
- Open credit
- Letter of Credit overview
Who is this Workshop for?
Suitable for those with little export experience who want to understand the basic terminology and activities involved in exporting. It is also a good refresher for those returning to export.
How will this Workshop be Presented?
This workshop combines theory and practice. We use company examples to illustrate how the techniques presented have been applied in real case studies. The purpose is to use a mix of proven learning techniques to ensure maximum understanding, comprehension and retention of the information presented.
