Kayıt Ol

Sitemizdeki birçok özellikten yararlanabilmek için lütfen kayıt olun ve deneyiminizi bir üst seviyeye çıkarın.

Zaten hesabınız var mı? Giriş Yap

Şifremi Unuttum

Şifrenizi kolay bir şekilde buradan sıfırlayıp, yeni şifreniz ile değiştirebilirsiniz.

Şifreyi hatırlıyor musunuz? Giriş Yap
Yukarı Çık
İçerik Gönder
4 dakika okunma süresi
0 Yorum
23

What is Micro-exporting and why to go for this ?

A Complete Guide To Micro-Exports And Its Benefits For Small Businesses  A professional swimmer must have also started his journey from a baby pool before racing in the long course pool, isn’t it? It’s always the first step that matters and then things start to roll out in some way or the other. With great […]

Burak 1 ay önce

A Complete Guide To Micro-Exports And Its Benefits For Small Businesses 

A professional swimmer must have also started his journey from a baby pool before racing in the long course pool, isn’t it? It’s always the first step that matters and then things start to roll out in some way or the other.

With great ideas and products, even the students and homemakers are setting up their businesses and earning their livelihood. For any wannabe entrepreneur, there is a limit to the growth prospect in the domestic market as ultimately the stagnation comes or brings the business to a stand-still or towards the end of the PLC after a certain period of time unless something new is being added continuously.

Exporting the products or services to foreign markets is one such way of elongating the PLC, expanding the customer base, diversifying the risks into multiple markets, reducing the per-unit costs, and gaining knowledge and insights from competitors abroad. Though the rewards seem very lucrative, most small businesses do not move ahead further in this direction because of the foreign regulations, tariffs and customs procedures, cumbersome paperwork, and payment collection issues. It is daunting at first as the customs clearance process is very detailed and requires intensive documentation. 

Something that comes as a savior at the initial level is Micro-exporting which would help the businesses to establish the relationship in the foreign market while gaining an understanding of market needs without having to go through a detailed custom clearance process.

What is Micro-Export?

Micro Export is the type of export that covers shipments up to 300kg and 15.000 Euros (excluding VAT). Shipments under these limits can be declared with ETGB (Electronic commerce customs declaration) through indirect representation. In this arrangement, there is no need for a customs broker and regular customs declaration.

To speed up the complete process, the entire bureaucracy and the process of customs clearance of the goods sent or received by seaway, highway, airway, or fast cargo is carried out in the digital environment.

What all is not covered in Micro-exports?

  • Those items whose gross weight exceeds 300 kg and value is more than 15.000 Euro
  • Temporary Shipments for Exhibition Purposes
  • Items which are used for Repair Purposes
  • Products that do not have any costs
  • Various Controlled products like Medicines, chemicals, supplements, mobiles, etc.
  • Inward and outward processing etc. things
  • What all documents are required for Micro-exports?

Below mentioned are the documents which are needed for the approval of micro-exports products in customs: –

  • Indirect Representation Authorisation Document
  • Micro Export Transport Information Form (Job Order)
  • Original Invoice (Finance approved and Turkish)
  • Invoice in English or German to be used for declaration in the country of shipment
  • Treasury approved invoice
  • ATR Certificate of Circulation to be exempt from customs tax

These documents are to be put in an envelope with the Bill of Lading written on it and to be sent to the firm that offers micro-export cargo.

Why choose Micro-exporting and what are its advantages?

It seems uncertain and intimidating to expand the business in a foreign land at the early stage. So, it is always better to taste the waters and measure the depth before entering into it so that all the necessary equipment required for safety could be carried along and kept handy.

Micro-export does the same, where without much complicated legal or paperwork, products can be sent abroad and test the markets. This also helps in making the relationship with the people involved in the trade. Below are some advantages of trying hands on Micro-exports: –

  • Custom brokerage and deposit fees are not needed to be paid
  • No need to pay the exit warehouse fee
  • It is not mandatory to do Exporters’ Union registration
  • No notary fee is involved as there is no need for the power of attorney
  • Minimized paperwork helps in saving a lot of time
  • Fast delivery of export products to the final receiver
  • The VAT refund procedures are easy
  • Declaration archive is not required
  • In Micro-export, it is not required for the exporters to comply with the general regime in
  • bringing the export money into the country (Article 22 of the CBRT General Communiqué on 6.11.2018)
  • Micro-exporting is an easier way to enter into global waters without having to deal with customs clearance procedures, intense documentation, and the process is faster since it is digitalized. It’s a boon for budding entrepreneurs who wants to start up with their journey while simultaneously growing in domestic and global markets.
  • Koytola helps you in finding the verified international buyers with so much ease and supports you in the whole process. We are committed to serving our users in the best possible way. 
Reklam

Yorumlar

Hiç yorum yapılmadı, ilk yorumu sen yapmak ister misin?
beforeafter