The Export Process
The UK enters a new trading era with Europe and the rest of the world from 1st January 2021 – which will impact on process and cost. Is your business fully prepared?
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The UK left the EU on 31st January 2020 and entered a transition period with the EU until 31st December 2020 with both parties engaged in intensive negotiations for a trade deal. Irrespective of the outcome of these negotiations, the UK enters a new trading era with Europe and the rest of the world from 1st January 2021.
With the UK’s new border operating model, all consignments despatched from the UK will be exports and need to go through customs clearance. This will impact on business operations and processes. How well has your business prepared for this? Are your staff aware of the changes in process and adequately trained? Whether preparing the right documentation or understanding the complexities of customs authorisations and procedures – are you aware of the legal obligations of the Exporter?
This full day course covers the key aspects of the export process from a very practical perspective. It is suitable for companies exporting products to overseas markets (it is not relevant for service companies). Everyone within an organisation is involved in the export process in some way, however those staff who have a greater responsibility for ensuring that goods are suitable for export markets, shipped correctly and maintaining appropriate records will benefit the most from participation.
- Key terminology
- The export order process
- Due diligence: export licencing and controls
- Customs clearance
- Commodity Codes and the UK Trade Tariff
- Duties and taxes for exports
- Logistics and freight forwarders
- Incoterms® rules – an overview
- Export documentation explained
- HMRC requirements
- Essential sources of information
By the end of the day, delegates will have a clear understanding of the key factors which underpin the export process. They will learn about important terminology and both practical and compliance issues for the successful fulfilment of an export sales order.
They will leave with comprehensive notes and reference materials, and, most importantly, the confidence that they understand the principles of export and how these impact on both their individual roles, and their company.