On: August 2, 2023 By: Arnesh Roy
Landed cost calculates the entire cost of importing or exporting your goods, including shipping, handling, customs duties and fees, and more, allowing you to be more strategic and better prepared. We explain what's included in landed cost, the role of Incoterms and how software can simplify the process.
On: July 31, 2023 By: David Noah
A sales contract is an agreement between a buyer and a seller that identifies the parties in the transaction, the goods or services being sold, the terms and conditions of the sale, and the price to be paid. International sales contracts are more complicated and must address more issues.
On: July 26, 2023 By: David Noah
The United Kingdom is a lucrative market for U.S. exporters. But how has Brexit impacted U.S./U.K. trade relations? We explore the opportunities and challenges of exporting to the U.K.
On: July 24, 2023 By: Mitch Kostoulakos
Anti-dumping and countervailing duties (ADD/CVD) are used to protect the U.S. manufacturing industry from unfair trade practices. Understand how these duties are calculated, the impact on U.S. importers and how to determine if a commodity falls under ADD/CVD.
On: July 19, 2023 By: David Noah
Exporters often prepare a Shipper’s Letter of Instruction (SLI) that provides shipping instructions to their freight forwarders. In cases where they don't do their own AES filing, the SLI can also give forwarders authority to submit the electronic export information (EEI) through AESDirect.
On: July 17, 2023 By: David Noah
The Office of Foreign Assets Control (OFAC) enforces sanctions against people and organizations based on U.S. foreign policy and national security. Unlike other restricted party lists, complying with OFAC regulations involves more than just checking lists. We offer tips for compliance.
On: July 12, 2023 By: David Noah
If your company is doing its own electronic export information (EEI) filings through AESDirect on the Automated Commercial Environment, it already has an ACE account. But if you're not doing your own AES filings, there are two important reasons your company should set up an account.
On: July 10, 2023 By: David Noah
If hiring a full-time, in-house export compliance manager is not in the cards for your team, an outside consultant could be a good alternative. We explain what to consider when evaluating potential partners.
On: July 7, 2023 By: David Noah
A Certificate of Origin form is often required by customs when importing goods. Since the exporter is usually the party that sourced the goods, they generally are the party that prepares the Certificate and gets it chamberized when required. Here are some frequently asked questions about COOs.
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