Expanding your business internationally can have incredible results and eventually lead to exponential growth for your business, but getting started can be a bit of a challenge.
There are a great number of complex rules, regulations, and taxes involved with importing, all of which may vary from location to location. As a first-timer importer, it’s not only important that you understand the process, but that you also understand what’s expected of you so that you can make the right decisions and avoid complication.
As experts in all facets of International trade, customs brokers can make sure that you execute every step from pre-purchase to post-purchase.
The Difficulties of Importing
Once you get the hang of it, importing and exporting will seem like just another part of business, but in the beginning, these can seem like incredibly complex procedures. Not only are there various import protocols and rules, but these rules often change, and if you aren’t aware of these changes, it can cause some serious problems.
Failing to remain compliant can result in penalties, fees, and most importantly, postponements of your shipment, but as long as you have a professional advising you along the way, you can avoid costly violations.
Simplify the Process
By working with a skilled customs broker, importing in Australia can be simple and straightforward. Customs brokers are experts when it comes to tariffs, laws, import protocol, and all other facets of International Trade, and they stay on top of changes, so you are always getting the most up-to-date information.
With a customs broker you can stay compliant with protocol, increase savings from duty-free incentives, find more trading opportunities, and increase productivity, but specifically, they can help you with all of the following:
- Preparing documents and arranging permits
- Classifying your products
- Import tariffs and duty
- FTA certifications
- Minimising tax liability
Most importantly, customs brokers work with the unique details of your business, so you are always getting a personalised approach.
From Pre-Purchase to Post-Purchase
It’s important to connect with a customs broker as early on as possible, as there are several things that should take place before you actually make a purchase. Working with a customs broker from the very beginning will reduce the risk of future error, and they will even help you research potential suppliers and do what they can to ensure those suppliers are fit to do business.
Ease, Convenience, and Productivity
Imports that are delayed or cancelled altogether can set your business back dramatically, both financially and in terms of productivity.
However, using the resources that are available to make sure that you don’t run into any issues will keep things running smoothly. With the import process taken care of, you can carry on with core operations with confidence and avoid costly penalties. By setting up a consultation with your customs broker, you can start discussing the details, and your brokers will tell you everything that you need to know to get started and to continue importing successfully.