STARTING IMPORT/EXPORT BUSINESS

BUSINESS INCORPORATION SERVICES
Our complete startup consultancy service package is tailor-made and includes - Import-Export Code (IEC), Director General of Foreign Trade (DGFT) Rules & Regulations, New project development & EPCG Regulations, INCO Terms, EXIM Policy, Documentation, International Transaction requisites, Logistic Management, Company Incorporation - Registrar of Companies’(ROC) Regulations, RBI & Banking Regulations, Fund Transfers, Letter of Credit (L/C), Income Tax (ITO) Regulations, Application for Value Added Tax (VAT), BMC - Octroi, Registrations with relevant Export promotion councils, Customs, Chamber of Commerce, etc.

Commitment
Going global is a big step for many companies who are only familiar with their domestic market. It is important for the health of your business to really know why you want to export. On average, it takes about a three year commitment to establish a presence in a foreign market. This will require the resources of people and finances during this developmental period. Checking the feasibility of the venture is an obvious exercise before you go global.

Feasibility
You may want to examine whether your interest in exporting is market driven, or product/service driven. Here's the difference...a market driven entry would look at "what the foreign market wants, and how you will fulfill that need". A product or service driven entry would be, "here's what my company offers, now let's find sales in a foreign country". The common link is that both require feasibility and a lot of resource planning.

Diagnosis
A recommended first step is an Industry and Company Diagnostic evaluation of your business or current resources. If this confirms your commitment to export development, proceed with the next step, the Export Business Plan. Prior to spending a tremendous amount of research time on developing your export plan, the diagnostic will help you evaluate whether your objectives for exploring foreign market will be satisfied and whether the risks of the venture are truly worth the returns.

Planning
Should your diagnostic confirm your firm's export readiness, then proceed with the export planning process. The Export Business Plan will evaluate the country risk, the target market(s), the demographics, the market demand and needs, the currency and commercial risks, the legal aspects, the logistics of delivering the product or service, and of course, the financial implications involved in an export transaction.

Our role
Our consultancy offers trade-related services to active and potential exporters. It provides services to businesses to help them achieve success in global markets using special expertise using all its associates. There are four key areas of focus: export preparation services; market information and intelligence; export counseling; and international financing. Services include:

  • Export readiness assessment;
  • New exporter training;
  • Export counseling;
  • Export opportunity identification;
  • International marketing assistance;
  • Export financing and insurance;
  • Technology transfer;
  • Investment attraction;

GOOD LUCK AND WELCOME TO INTERNATIONAL BUSINESS!!!