In the haste to ship the product at its earliest, exporters often, neglect to convey particular instructions to their respective forwarders. This resulting into a disaster/ mess. In order to avoid the error, it is very much important to adopt Shipper’s Letter of Instruction (SLI) norms. Shipper’s Letter of Instruction is an optional document that… Read More »
When the exporter realizes that something has been overlooked while the goods are being delivered at the destination, it can be considered as a costliest mishap. They made a mistake, the deal was structured incorrectly, or responsibility was overlooked. It is important not to overlook the rules and regulations that may be imposed by… Read More »
Today, many investors and entrepreneurs are choosing to set up their businesses overseas – especially in jurisdictions like Hong Kong. You can get professional knowledge of the import-export business from industry experts to settle your business overseas. As of now, Hong Kong is been considered one of the best cities to establish and run a… Read More »
One of the first decisions you will make is finding the right name for your import/export business. The first thing that a customer would re- brain is the name of the company in order to find out the service or product that they had used before. Even the best products and ideas would not sell… Read More »
As per the U.S. Bureau of Industry and Security (BIS), re-export means the transmission or shipment of an item subject to Export Administration Regulations (EAR) from one country to another country. Re-export occurs when there is a ‘release’ of software or technology subject to EAR in one country to another foreign country. In simple words,… Read More »