In continuation of PART 1, below are other formalities to meet to establish your export import business. Registration with Sales Tax Authorities Exporter need not pay sales tax meant for export while making purchases. For availing the benefit, the firm has to register with sales tax authorities and secure sales tax number. Exporter/purchaser has to… Read More »
There are many formalities and registrations to be made with different authorities before an exporter can start into export business and accept an export order. Selection of Firm Name An entrepreneur can pick any name for the firm he wants to start. It is advisable that the name of the firm indicates that the business… Read More »
International market analysis can be applied to: discover new markets, search products and define public opinions on some strategies. Although diverse, they all follow a fundamental step-by-step method: Define the purpose of the analysis Recognize the efforts needed to accumulate the analysis Know how to perform those operations Distinguish the sources of information required to… Read More »
A Business Incubation Center offers ‘entrepreneurs in residence’. Meaning Experts or mentors who are still working in their respective business or industry, whose real life experiences and success & failures help start-ups & new entrepreneurs navigate the road to their individual business set up. And then there are Incubators specializing in niche businesses, like exports,… Read More »
There has been rich evidence that in ancient India, the trade logistics was highly efficient. Goods at that time moved mainly via multiple land routes and sea routes, some of which even exist today. Merchants in ancient India had a flourishing import export business with the merchants of other distant countries that contributed significantly… Read More »