On: September 16, 2020 By: David Noah
While you can’t eliminate the possibility of something going wrong in an export, there are specific steps you can take to identify potential risks, analyze and evaluate them, and take the proper precautions to minimize them. This article identifies seven steps for evaluating export risk.
On: September 8, 2020 By: Lisa Nemer
Every export shipment has to have them. The documentation required to export your goods out of the US, transport them to their destination, and clear customs in the country of import. The Shipping Solutions Getting Started video shows you how to quickly create accurate export paperwork.
On: September 2, 2020 By: David Noah
HS codes. HTS codes. Schedule B codes. It's important to properly classify your products for import and export. But product classification numbers can change. Do you know where to go for an update?
On: August 26, 2020 By: David Noah
While it’s possible for companies to manually do all the work required for import-export compliance, it’s difficult. Regulations, product classifications, and denied party lists change. Fortunately there's software that makes following good compliance procedures much easier to perform.
On: August 24, 2020 By: Catherine J. Petersen
While Schedule B codes used for U.S. exports are 10-digits long, only the first six digits are the same as in the country of import. Each country is allowed to add up to four additional digits to further delineate the product. So how many digits do I include on my commercial invoice?
On: August 19, 2020 By: David Noah
If you've determined your products require an export license before you can ship them, you most likely need to apply through the Bureau of Industry and Security's (BIS) SNAP-R system. Make sure you avoid these five common errors that can delay your license and potentially get you in trouble.
On: August 3, 2020 By: Roy Becker
When negotiating an international sale, one of the first questions you need to answer is: How will I get paid? In order to answer that question, you'll need to answer several more: When will I get paid—before or after delivery? What kind of guarantee do I get? In what currency will I be paid?
On: July 27, 2020 By: Joseph A. Robinson
American Chambers of Commerce, traditionally referred to as AmChams, advance the interests of American overseas businesses through advocacy, information, networking and business support services. There are more than 100 AmChams associated with the U.S. Chamber of Commerce across the globe.
On: July 8, 2020 By: David Noah
Although the six-digit Harmonized System (HS) number is a subset of the 10-digit Schedule B code, it's important to understand the difference. While you should include the HS code on some of your export documents, you are required to report the Schedule B code with your EEI filings.
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