04/04/2018
Top 10 tips on Importing from China.
1. Plan your import objectives
2. Identify a good, legitmate and reliable supplier
3. Negotiate the right deal
4. Reduce risk by having a clear contract
5. Choose what method of transportation to use
6. Declare your imports to HMRC
7. Familearise yourself with the Trade Tariffs
8. Understand the importance of commodity codes
9. Check if you need an Import Licence
10. Taxes and duties on imports
You might need to consult if you are not well versed with most of the terms used. the next post will be aimed at most definitions used in Importing.
