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 Grabe el audio en inglés, con el resumen elaborado en el punto anterior.

Compliance with foreign law

To be able to export, every American company must know the laws that may
influence its export. For this reason it is the duty of the exporter not only to rely
on the information that can be obtained from the client but to know the foreign
law

The wrong information obtained by an exporter may have the consequence of


not importing your product or that the resale is not profitable. For this reason it
is necessary to have clear requirements such as:

1. Industry standards: It is necessary to be able to identify the minimum


standards required in the manufacture of the product before shipment, such as
the directives that the European community has placed on some products such
as toys, machinery, medical devices, etc. . In the event that the product does
not meet the minimum requirements, it is possible that seizures or fines may be
generated that may damage the operational profits.

The ISO quality standards are increasingly important for European sales.
Therefore it is necessary to rely on the entities that contain or group the rules of
foreign governments by product.

2. Foreign customs laws: Some countries have rules such as quantity of


products entering their country, customs duties according to the tariff
classification, antidumping confirmation

If these rules are violated, fines such as twice the value of the merchandise
(France), five times the value of this (India) or confiscations as in China may
occur, that is why in the slightest doubt that is obtained about the Export is
looking for an administrative decision of the foreign customs agency, a process
that although delays production and delivery plans can be beneficial for both
parties

3. Government contracting: Any sale made to government agencies involves


special procedures and documents, although they may also qualify for customs
tariffs or import license exemptions.

4. Buy the American equivalent: foreign government laws promulgate


regulations that give special treatment to the products of your own country
therefore it is necessary and mandatory to verify if the products in the process
of sale are in such regulations

5. Exchange controls and import licenses: Many countries limit the amount of
money that can be used for the purchase of foreign products, it is important to
determine if a change control system exists and if necessary in the country to
which it is going export and the conditions to obtain those licenses
6. Value added tax: These taxes are applied to imported goods, therefore
customs duties plus value added must be paid. When the importer marks and
resells the goods, he will collect the buyer's tax, which he must remit to the tax
authorities after taking a credit for the taxes owed on the importation.

7. Specialized laws: some regulations of the United States regulate all


manufactured products before entering into a sales agreement, quotation or
delivery dates to a client

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