Guide to Trading with the UK: Rules & Regulations
With a population of 67 million people and a GDP of £2.27 trillion (2022), the United Kingdom is one of the world’s largest and most robust economies. Despite the challenges of recent years – resulting from the UK’s exit from the European Union (“Brexit”), as well as global high inflation and ongoing effects of the COVID-19 pandemic – […]
Incoterms Guide 2024
If you are importing or exporting goods, knowing your Incoterms is essential to understanding exactly who is responsible for what in the supply chain, and being able to arrange for things like loading, transportation and insurance cover, where applicable. The following guide will help to simplify the freight shipping process. We explain what is meant […]
UK Customs Charges 2024
When importing goods into the UK to sell, process or use in your business, or even when bringing goods into the UK for your own private use, there may be import VAT, customs duty and excise duty to pay. In this guide, we look at the current rules relating to customs charges for both commercial […]
UK Import Licence Guide 2024
If you plan to import goods or supplies into the UK from overseas, you’ll need to make sure that you comply with the most up-to-date rules and procedures relating to the UK’s import controls. This can include the requirement for either an import licence or import certificate. Below we look at the UK’s licensing requirements […]
UK Commodity Codes & Tariffs Guide 2024
Businesses trading in the United Kingdom, the European Union, and around the world are required to comply with customs procedures and regulations in line with national trade policies. Companies and businesses selling to consumers in the UK are subject to specific trade rules depending on the goods they trade. One such rule is the obligation […]
UKCA & CE Product Certification Guide 2024
Product certification is an important regulatory requirement of many businesses around the world to ensure the quality and performance of products. Many international regulations and contracts stipulate that products must be part of a certification scheme to ensure their quality. This also helps consumers know that the products they are purchasing are of high standards. […]
6 Reasons to Trade with the UK
Trading with the UK has the potential to be great for your business. In this guide, we look at six key advantages of trading with the UK: Access to a large and wealthy market The UK is the world’s fifth-largest economy by GDP and has a population of over 67 million people. This gives businesses access […]
Licensing a product to sell in the UK
As a foreign company with potentially valuable intellectual assets, such as a unique product design, distinctive brand or innovative technology, there will be various ways in which you can access or expand into the UK market — from product development to distribution and marketing. These types of arrangement will, however, require some form of licensing […]
What is the UK Developing Countries Trading Scheme (DCTS)?
The UK Developing Countries Trading Scheme (DCTS) was designed to offer favourable trading terms to certain developing nations when importing into the UK. The following guide to the DCTS looks at what this scheme offers, in particular when compared with the UK’s previous Generalised Scheme of Preferences, as well as who can use the scheme […]
UK Customs Rules
Making customs declarations, paying customs charges and complying with the red tape under the UK’s revised customs’ rules will undoubtedly feel daunting for both traders and tourists alike. Following Brexit, with the end of free movement of both goods and people, the new procedures now encompass EU and non-EU citizens visiting the UK, with goods […]
