The UK is no longer part of the EU Customs Union, the Single Market or the EU’s VAT regime after officially leaving the EU on 30 January 2020, after lengthy Brexit negotiations. Thousands of businesses across the UK face customs and tariff obligations on trade transactions with the EU such as VAT on exports and VAT on EU purchases.
With the Chinese market so prominent in the world of ecommerce, businesses all over the world need to be aware of significant holidays in China. Singles Day is just one of the key dates that ecommerce companies should note.
Over recent years, more and more online selling companies have started to ship their goods internationally. With the rise in buying and selling products online- it has also become much easier. If you’re considering expanding your online business, it is likely that at some point you will have to organize the international shipping of your products from the UK to your customers over the world.