On: October 28, 2024 By: David Noah
Discovering a violation of export regulations in your business? Filing a Voluntary Self-Disclosure (VSD) could mitigate penalties. With new government policies imposing tougher consequences for non-disclosure and rewarding whistleblowers, addressing violations promptly is more crucial than ever.
On: October 23, 2024 By: David Noah
Even if you are transporting a car from the U.S. for your own use, U.S. export regulations require that you present certain documents to Customs, and you must file your export information through the Automated Export System (AES) at least 72 hours in advance.
On: October 21, 2024 By: David Noah
An international sales contract is an agreement between a buyer and a seller that identifies the parties in the transaction, the goods being sold, the terms of the sale, and the price to be paid. While most exporters and importers don't create a formal written contract, there are many reasons why you should.
On: October 14, 2024 By: David Noah
There are five common payment options used for exports. Letters of credit (LCs) are one of the most secure instruments available to international traders. They can protect the interests of both the exporter (seller) and the importer (buyer). But they can be time-consuming and expensive to use.
On: October 9, 2024 By: David Noah
A Certificate of Free Sale is a document that indicates a particular product is marketed in the United States or is eligible for export, and that the particular manufacturer has no unresolved enforcement actions pending before or taken by the FDA. You can apply for one online.
On: October 7, 2024 By: David Noah
When most people think about exporting, they think of the movement of physical goods from one country to another. But you can be an exporter without sending anything out of the U.S. It's called a deemed export, and the consequences for ignoring export regulations for these exports are just as bad.
On: September 25, 2024 By: David Noah
Before you attempt to export goods from the U.S. to Australia, read this article.
On: September 23, 2024 By: David Noah
The Foreign Trade Regulations detail when your electronic export information (EEI) must be filed through AES, and it outlines responsibilities for all the parties in the export. Therefore, the definition of each party needs to be precise including the Foreign Principal Party in Interest (FPPI).
On: September 18, 2024 By: David Noah
In this article, we’ll look at different ways for exporters to complete export documentation—manually through templates and documents, or through various types of software—and which method is best for small businesses, midsize businesses and larger companies.
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