Customs

Vietnam is the fastest-growing country in Southeast Asia, and from the perspective of foreign trade and goods transportation, its geography benefits it. The Vietnamese economy is very open to the outside world, which is one of the main drivers of the country’s development. According to ICEX data, Vietnam mainly exports telephone devices, electronic components, clothing, […]

The SOIVRE (Official Service for Inspection, Surveillance, and Regulation of Exports) is a quality control service under the Ministry of Industry, Trade, and Tourism, aimed at ensuring compliance with regulations in foreign trade operations. A Bit of History The origin of this foreign trade quality control system dates back to the early 20th century when […]

User manuals are very useful guides for consumers and are also mandatory for introducing many products imported from China into the European Union. It is essential to know the product requirements since we could face issues at customs if the merchandise does not have the corresponding manual. Since it is not mandatory in all cases, […]

Consolidation allows for cost optimization in international transport, a very advantageous solution for small importers whose shipments do not have enough volume to fill a container. This system is increasingly used to import goods from China, as it helps to flexibilize the logistics of SMEs and small distributors. With consolidation, these types of companies can […]

“ Forget About Paperwork and Procedures! Enjoy Total Security Without Losing Profitability. The NO FARMIN certificate is a document that certifies that the imported goods are not classified as pharmaceutical products under Law 14/1986. It is mandatory to complete and present it at Customs for any import from third countries. Regardless of the type of […]

Entrepreneurs starting in international trade to find suppliers at competitive costs, or experienced ones looking to increase their profit margins, often face a dilemma: which country to choose for manufacturing in Asia? Until recently, the alternatives were clear: China or India. However, the rapid growth of the Association of Southeast Asian Nations (ASEAN) has made […]

The retention of imported goods at customs is the worst nightmare for any company, as this situation can ruin many hours of work and cause significant extra costs. The most common reasons for a shipment being held are poorly prepared shipping marks, errors in the tariff code, lack of product approval, missing DUA, and other […]

The good health of international merchandise trade seems to have consolidated in 2018 despite the restrictive trade policy that the United States has been implementing in recent times. Forecasts point to global trade growth of around 3.5% for the year that is now beginning, a figure similar to that which closed 2018.Since 2017, there has […]

International Chamber of Commerce (ICC) created Incoterms in 1936 with the aim of providing importers and exporters with a standardized global language that facilitates transparency in international transactions. These rules are accepted by governments, judicial authorities, and professionals as a bridge to standardize trade between countries. Their importance lies in the fact that any small […]

All companies must process VAT on imports, complying with specific rules regarding declaration and invoicing to avoid issues with tax authorities and high penalties. The requirements vary depending on whether the country of origin of the goods is intra-community or not part of the European Union. Generally, VAT on imports must be processed at the […]