Showing posts with label International Business. Show all posts
Showing posts with label International Business. Show all posts

Monday, February 06, 2012

Starts in Britain's service

Want to start a company in the UK business, there are a variety of ways, either you find the business branch in the UK, or into the United Kingdom subsidiary, the acquisition of existing companies in the UK or to set up a joint venture company in the United Kingdom, the United Kingdom is the easiest places.

We discussed in this article, the following gives the venture;

Positioning the business branch or held in the UK
Incorporated as a subsidiary of the UK: a limited liability company

Positioning the business branch or held in the UK

If you are considering to start a business in the UK, the idea of ​​the great ...

A British establishment to the same legal institutions directly responsible for any liability incurred by the British institution, as its parent company overseas parent.

Registered UK company, from the Registrar of Companies

"Company Law", 2006, the core part of an overseas company in the United Kingdom legislation. Overseas company must be open 01 months, the British established the created instance of the prescribed particulars of oversea companies registered with the United Kingdom, including the provisions of the Registrar of Companies:

What do you need?

A certified copy of the overseas company's constitutional documents, together with a certified translation, if they do not are in English;
Details of directors and the secretary of the overseas company;
Each is authorized to accept overseas companies set up in the service of documents residing in the United Kingdom in the name of the person's name and address.

Accounting documents is an important spring, when you belong to the Institute of Finance

Most of the time overseas companies must provide the Registrar of accounting documents. Prerequisite of the specific application depends on factors, such as overseas companies to disclose their accounts vary according to the laws of their parents, regardless of credit or financial institution, whether it is an unlimited liability company.

Other important things

An overseas company registered United Kingdom was established, there must be some exceptions, display the name in its business, the place in the country it was founded. Their names and other specified information, must also be coming into sight, all business letters, web sites and other designated Association, the name of the overseas companies in the UK activities can be registered in the UK there is a limit.

As a subsidiary of the British - the characteristics of the limited liability company

A British overseas subsidiaries of the institutions have an independent legal status, unlike a British company, the lack of guarantees provided by the parent company, the liabilities of the subsidiary not turn out the liabilities of the parent company.

In the UK, limited liability company shareholders liability is limited to the amount paid up shares. The British company's shares are usually issued in registered form, but can be in bearer form.

Therefore, the choice of thinking and the number of companies in London or business.

Friday, January 06, 2012

How to import products of simple steps

So, you're looking to learn how to import to Australia? Importing is a great company to enter, so this is a subject worthy of study, it can be very profitable.

If you want to get more than your competitors a competitive advantage, the import is definitely the way to go. By not buying through a local wholesaler (imported product itself, and then add their own tags), you will greatly increase your profits, coupled with a greater range of products in the overseas visit.

Other bonuses include:

Reduce product cost, in many overseas countries. As in many Asian countries is much cheaper labor costs, the manufacturing cost is lower than for Australian manufacturers.

Get a quality project can not be used elsewhere in the world - for example. Japan has a good reputation, providing high-quality electronics and fine Italian leather handbags.

It's really to start their own profitable import business is not difficult. Do not let a fear of the unknown to you (just like the first time I did not), just bite the bullet and get started!

Step 1 - research a potential niche

Skip this step, and your risk of imported products, you can not sell! I'm sure you do not want to do. Before you do anything, take the time to research your market, find something they like, if there is sufficient customer demand for your products and know who your competitors.

Step 2 - Find a reputable supplier

Overseas suppliers through the Internet or a local trade organization in the exposure source. Whatever you do, however, to ensure you of any potential vendor background checks to ensure that they really are who they say! Most overseas companies to be true, but unfortunately there are too many crooks.

Step # 3 - the goods you have any special provisions?

Australian Customs put in some countries import restrictions on certain products. While the most common products are not limited to it's a very good idea to first check with the customs. Once your goods have been landed, the Department has been exposed to a problem, you find out in advance is much easier!

Step # 4 - arrange freight to Australia

4 shipping methods, you can select shipping, air transport, postal system or international courier. There are pros and cons of each method, so it really just comes down down to any particular shipment of your best work.

A reputable international freight company should be able to tell you what is the most cost-effective shipping options for your goods.

Step # 5 - payment for your product organization

If you have not received one request from the supplier's invoice, payment and organization through a bank, as long as you are ready. You use a secure payment of goods - no cash payment in advance.

Step # 6 - customs clearance

Your goods arrive in Australia, the Customs will ask you to fill out the import declaration, so they can clear your product. There will be some stamp duty and taxes to pay before they will release your goods.

Step # 7 - sell your goods, impressive profits, repeat the process!

Import may seem a daunting process, but in reality, it is actually very simple, you will not need a big budget start (I started less than $ 500). A little insider knowledge and some basic research, anyone can start importing to Australia, no matter who you are!