International export
Navigating the borders
International export may seem like a simple process, but it’s anything but. Since Brexit, shipping goods to another country has become a far more complicated process. All of the red tape can restrict a business from freely trading, but you must do everything by the book.
If you’re not sure how to do everything within the confines of Government regulation, we’ll be happy to answer any questions you have and provide the necessary guidance.
International export taxes and customs
If you want to provide export goods outside of the UK, you’ll first have to acquire the relevant licences and certificates. There are special rules to follow, including obtaining proof of origin, which may be required to benefit from reduced or zero rates of duty in the destination country.
Next, you’ll also need an Economic Operators Registration and Identification number (EORI number) if you move goods:
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between Great Britain (England, Scotland and Wales) or the Isle of Man and any other country (including the EU)
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between Great Britain and Northern Ireland
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between Great Britain and the Channel Islands
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between Northern Ireland and countries outside the EU.
Depending on your business’s turnover, you may also have to register for VAT. If this is the case, you’ll have to organise and file VAT returns every quarter and ensure you meet your obligations to HMRC. You might be able to zero-rate the goods for VAT, meaning you can charge your customers VAT at 0%.
It is incredibly important to keep thorough records and documentation, including commercial invoices that list the value of your goods accurately, separating any freight or export insurance costs. This paperwork is essential for customs clearance and compliance with trade policies.
Business advice and international trade support
If you want to be a successful international exporter, you’ll need to do your research and explore new markets. Better yet, get the support of an experienced team who have helped clients in your position many times before.
Identifying potential business opportunities, understanding foreign business ethics and practices, and navigating the complexities of global trade are key to growth. We are committed to providing you with the knowledge, skills, and resources necessary to facilitate your export journey.
We’re in the business of relationships, not just in our country but across the world. Our network of worldwide firms can help provide you with the tools and education you need to make your export business a booming success. Whether you require advice on documentation, customs declarations, or credit arrangements, we are here to help you every step of the way.
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International
It’s essential to understand your tax position in any country you decide to trade in, so with this in mind, an accountant can be your best friend.
International tax accountant
Having someone with extensive knowledge of international tax laws is a must. We can be those experts.
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Our tax experts will be happy to have an exploratory conversation, free of charge, so that you can discover for yourself what make Coveney Nicholls the intelligent choice for businesses and individuals in need of tax advice.








