On: December 18, 2024 By: David Noah
An export license exception allows you to export or re-export items subject to the Export Administration Regulations (EAR) that would otherwise require a license. We explain the license exceptions available and the four steps for determining if your export is eligible.
On: December 16, 2024 By: David Noah
Under the Incoterms 2020 rules, Ex Works (EXW) means the seller has fulfilled its obligation when the goods are made available to the buyer, usually at the seller’s location. Although it may sound like a great term for an exporter to use, there are reasons to avoid this international trade term.
On: December 9, 2024 By: David Noah
When exporting, companies may need to file their export information electronically to the Automated Export System (AES) before the goods leave the country. But what if AES isn't working? That's when Census and CBP may activate the AES Downtime Policy. Here's what you need to know.
On: November 25, 2024 By: David Noah
Under the Incoterms 2020 rules, Free Carrier (FCA) means the seller has fulfilled its obligation when the goods are loaded on the buyer's transport at their warehouse or made available to the buyer at a named place such as a freight forwarder's warehouse or a carrier's terminal. Learn more about the risks and responsibilities and get answers to FAQs.
On: November 20, 2024 By: David Noah
The Electronic Export Information (EEI) is the data that must be submitted to the Automated Export System (AES) through the Automated Commercial Environment (ACE) portal whenever an AES filing is required. Learn how to file, who must file and what data points need to be included.
On: October 28, 2024 By: David Noah
Discovering a violation of export regulations in your business? Filing a Voluntary Self-Disclosure (VSD) could mitigate penalties. With new government policies imposing tougher consequences for non-disclosure and rewarding whistleblowers, addressing violations promptly is more crucial than ever.
On: October 23, 2024 By: David Noah
Even if you are transporting a car from the U.S. for your own use, U.S. export regulations require that you present certain documents to Customs, and you must file your export information through the Automated Export System (AES) at least 72 hours in advance.
On: October 21, 2024 By: David Noah
An international sales contract is an agreement between a buyer and a seller that identifies the parties in the transaction, the goods being sold, the terms of the sale, and the price to be paid. While most exporters and importers don't create a formal written contract, there are many reasons why you should.
On: October 14, 2024 By: David Noah
There are five common payment options used for exports. Letters of credit (LCs) are one of the most secure instruments available to international traders. They can protect the interests of both the exporter (seller) and the importer (buyer). But they can be time-consuming and expensive to use.
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