Course description
This practical course helps you to understand and work through the procedures and paperwork involved with conducting international trade.
Programme Summary
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 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.
Key Learning Points
- This practical course helps you to understand and work through the procedures and paperwork involved with conducting international trade.
- 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 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.
Upcoming start dates
Suitability - Who should attend?
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.
Outcome / Qualification etc.
Benefits of Attending
- Learn about the fundamentals of the export process
- Develop an understanding of required documentation
- Introduction to incoterms
- Develop an understanding of commodity codes
Training Course Content
Introduction
- Introduction to Export – Benefits & Pitfalls
Incoterms®2010
- Understanding Incoterms®2010
- Risks and responsibilities of Buyer and Seller
- Cost obligations
Classification of Goods for Export
- Tariff Code/Commodity Code Explanation
- Country of Origin Rules
- Certificates of Origin
- EUR1
- Free Trade Agreements
Tax and Duty
- Duty and conditions for relief from customs duty
- VAT
Key Export Documents
- Commercial Invoice
- Packing List
- Shipping Documents
- Export Licenses
Payments
- Open credit
- Letter of Credit overview