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When you register for value added tax (VAT), HMRC gives you a unique VAT number that identifies your business for tax registration and payment purposes. Also called VAT registration number (VRN). Your VAT number has nothing to do with your...

The e-archive invoice application ensures that all invoices issued to buyers who do not have an e-invoice obligation are issued electronically in accordance with the e-archive regulation and transmitted to their recipients electronically. As of January 01, 2020, the e-archive...

Customs duties are fees charged on goods crossing international borders. Customs duties are levied by special authorities and bodies created by local governments and aim to protect local industries, economies and businesses. There may be different customs duties related to...

An import is a good or service produced in one country and purchased by another. Explore the definition and examples of imports such as oil, cars and clothing, and learn in detail why countries import. Imports Around You Do you...

IMT is an electronic money transfer to an international bank or account that allows you to receive money from almost anywhere in the world. However, transfer recipients may need to pay some related fees. If I receive money from abroad,...

The freight industry is known for its very thin margins. Therefore, being able to provide cost-effective services is vital to stay in the market and stay ahead of the competition. Fortunately, there are many logistics automation technologies that companies can...

Etsy has never been more engaged, with over 7.5 million active sellers as of April 2022. No matter what category you’re in, you’ll likely be competing with dozens of other active sellers offering the same products. Sellers should stand out...

The issue of taxation in e-commerce is very important and a complex issue for many businesses. The taxation process of e-commerce businesses is different from the taxation process of traditional stores. Therefore, e-commerce businesses should be careful about tax matters...

Your company creates excellent products that you know well and are proud of. These products cannot just sit on the shelf; they need to be delivered to customers or businesses that will sell them for you. Like most companies, you...

International logistics plays an important role in the production, processing and distribution of goods, regardless of the industry in which the company operates. If you run an online store, missing out on the benefits of global logistics, international shipping and...