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Article

How do I start international trade?

Article

How do I start international trade?

15 Feb 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

How do I start international trade? - news article image

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

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

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Author:

Peter Watts

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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