Export Procedures and Documents

Course details

Correct documentation is vital in international trade and directly impacts on your prospects of securing payment. Good customs compliance is also vital, and can save costs and increase profitability. This practical course provides an overview of the main documentation and procedures involved in a typical trade transaction and will demonstrate how these benefits can be achieved.

Is it right for me?

Suitable for those with little export experience who want to understand the basic terminology and activities involved in exporting. It is also a good refresher for those returning to export.

What will it cover?

Introduction

• Introduction to Export – Benefits & Pitfalls

Key Export Documents

• Commercial Invoice
• Packing List
• Shipping Documents
• Export Licenses

Incoterms®2010

• Understanding Incoterms®2010
• Risks and Responsibilities of Buyer and Seller
• Cost Obligations

Classification of Goods for Export

• Tariff Code/Commodity Code Explanation
• Example of Classification Service
• Customs Notices / Customs Information Papers (CIP)
• Country of Origin Rules
• Authorised Export Status
• Certificate of Origin
• EUR1
• Free Trade Agreements

Payments

• Letter of Credit Overview
• Bid & Performance Bonds
• VAT