UK Import

The UK import market is big business. Before you start it is always a good idea to conduct thorough research! A good place to start is the HM Revenue website here you will find many links and advice via its tradelink partners; there is also a very good starters pack/guide to the UK Import business. On the HM Revenue website you will find very informative articles about the downfalls that can be gained from importing if a strategic import plan is not put together, some areas covered are: Classifying your goods, the European Union, procedures and electronic systems, a guide to import and export, reliefs and exemptions, reporting and documentary requirements and the Tariff.

Another point to remember is that you must always research your suppliers throughly cross reference their names by using Google and other related search engines. I once used a supplier in my early career in importing and I bought some ipods which I thought were genuine apple ipods, I must have been mad considering 90 percent of the worlds fakes come from China. My products turned badly designed copies in photocopied boxes straight away I had lost £1000 and I was even shown the originals online via webcam and a dated newspaper in photos, so yes I was ripped off.

Remember to order samples and do not go and invest £1000s of pounds in unknown products from an unused supplier. For every bad Chinese supplier there is a good one so have faith and research, research and more research to find the ideal supplier.