Who can export ?
All individuals, companies, SMEs are eligible to export provided they satisfy the following criteria:
- Registered at the registrar of Business
- It must have a certificate of incorporation
- Registered at Customs
- VAT registered
Once all formalities are done, it is necessary that the potential exporter has all the relevant documents. For post control basics, it is important to have proper records of financial accounts and appropriate documents for at least 5 years.
In an international trade transaction, various documents need to be produced. Although the form and type of documentation differs from transaction to transaction, all the documents evidence various aspects of the trade transaction (e.g. description, quality, quantity and amount of goods, transportation, insurance, inspection and so on).
Importers and exporters need to ensure that the documentation supporting their international trade transactions is correct. Mistakes can be costly.
Export might be the right solution to increase the growth of your company. However, you should be aware that marketing your products on foreign markets means investing some money and take some risks.
The following guide will help you getting your company ready to export and will give you the steps that will lead to succeeding in selling your products on foreign markets.