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Article

How do I start international trade?

Article

How do I start international trade?

February 15, 2021

1 minute read

Many owner-managed businesses investigate overseas trade when they can’t increase sales in their home market. Whether you are trading online or through in-country sales teams, there will be different tax legislation requirements

Many owner-managed businesses (OMB’s) investigate international trade when they
can’t increase sales in their home market. The internet has
opened up many possibilities for OMBs to reach global
markets, without the need for considerable investment
abroad.

As well as boosting revenue, exporting can
reduce the risk of over-reliance on the UK.
Whether you are trading online or through in-country
sales teams, there will be different tax and legislation
requirements.

These need to be understood and
a structure put in place before you start trading.

There are some key issues that you may
need to take into consideration when
you are planning to expand overseas,
these are:

  • Tax
  • Movement of people
  • Compliance with local legislation
  • Intellectual property

See our other Big Questions here

Author:

Peter Watts

Partner

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Author:

Peter Watts

Partner

Need expert advice?

Speak to an expert for advice on
+44-1865 292200 or get in touch online to find out how Shaw Gibbs can help you

Email
info@shawgibbs.com

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