”Research shows that companies that export, compared to their peers that don’t, in general are more resilient, productive, innovative, and they tend to pay higher wages.”
Minister for Exports, Graham Stuart MP, June 2021
We offer a range of services to support your business
International Business
According to Minister for Exports, Graham Stuart MP in a meeting of the International Trade Select Committee in June 2021: “there could be as many companies that could export that don’t as those that can and do”.
Apart from increased sales, there are many advantages for your business by supplying to international markets.
By competing internationally, your company benefits from absorbing best practice from foreign companies that may in time wish to compete in your domestic market, if they do not do so already.
Spreading fixed costs across a greater volume, will take advantages of economies of scale and increase profitability.
While changes to a product to make it suitable for overseas markets may be required, these can often be quite minor and worth the investment.
Similarly, there are often opportunities to source components and services from overseas that may be cheaper than those sourced locally.
For those companies that have been exporting to the EU and may have be considering giving up in the light of more complex documemtary requirements, it is worth staying the course and because perceived complication will appear simple with practice.
HIC has the experience and cultural sensitivity to help establish or maintain your export business.
At HIC, we can help in a number of ways:
- Identify suitable markets for your products and services.
- Investigate local regulations governing the product or service.
- Identify and establish relationships with suitable agents and partners in the target markets.
- Negotiate export contracts and trade agreements.
- Establish an export payments procedure
- Help set up an export documentation, shipping and logistics function.
Help with Export Documentation
Export documentation can be complex, especially as a result of changes to documentation requirements caused by Brexit. Many countries have specific documentation requirements to comply with local regulations. Payment is by Letter of Credit can create further documentary requirements.
For many companies that had regular business in the EU, the new documentary requirements appear too complex. However, with help from HIC, your invoice department can be upgraded to cope with EU export documentary requirements to ensure export orders can be freely transported to all parts of the EU.
With export documentation protocols in place, exports can be expanded to include non-EU destinations with little extra effort.
HIC has over 30 years of experience in the Export documentation according to the requirements of Incoterms and requirements of the Uniform Customs and Practice for Documentary Credits.
International Shipping and Logistics
Transporting products is an integral part of international business and at HIC, we have over 30 years of experience of exporting products using many different methods of transport working with forwarding companies and customs clearance agents to ensure smooth delivery to your customers.
For exports to Europe via truck at the point of entry in France we can ensure that goods are VAT registered to enable free onward transport throughout the bloc.
