Import regulations for UK exporters

Posted: Tue 7th Nov 2023

For UK-based small and medium enterprises (SMEs), venturing into the international market involves a two-fold challenge.

While it's important to be well-versed in the UK’s export regulations, it's equally vital to develop a keen understanding of the country's import regulations if certain elements in your manufacturing process come from overseas. This dual knowledge ensures that your business can flourish without unnecessary hiccups or challenges, making every transaction smooth and transparent.

Key takeaways from this session:

  • Find out what crucial documentation you'll need

  • Understand tariffs and incoterms from an import perspective

  • Become proficient at using the Customs Declaration Service (CDS) portal

  • Grasp the essence of postponed import VAT accounting (PVA) and learn the advantages of deferment

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