When you start the import export business, you need to know about the customs duty and taxes applied to the product you are dealing with. Customs duty and taxes are the necessary things in the import and export business. The customs duty and taxes change every year, so you need to be updated about it…
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NTN is important for each salaried and business people. FBR has made it necessary for all salaried employees (government and private) having taxable income to file their tax returns. They have additionally started sending random letters to individuals to register for NTN and file income statement. Since individuals are hesitant to get NTN and file…
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The import and export business in Pakistan has a lot of potential this could be the reason why many of the businesses wish to start the import and export business. However, there are many companies try to do this business, but few of them succeed. The main reason behind this is they don’t consider all…
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Starting an export business could seem hard to do but if you have dedication you can do it, the scope of exports from Pakistan in unlimited. Effective marketing strategy plays a vital role in making the export business a success. You need to be clear about your business to start doing exports. Export business could…
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Incoterms are the shipping terms used by traders, buyers, and sellers. Incoterms are the commercial terms published by the ICC (International Chamber of Commerce) that is used in international trade transactions. In Incoterms rules are related to the costs, risks, and tasks linked with the delivery and transportation of the goods in international trade. What…
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Trade is one of the oldest businesses around the world; it even existed in the early ages where humans used to trade fur for the food and other products. In this modern world starting an import export business is not difficult if you have the right amount of knowledge. In the export business, many exporters…
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Pakistan is the country of many opportunities. It has many natural resources and organic products to offer to the other countries. The major exports of Pakistan include meat, wool, hair, poultry, livestock, animal bone, casings, waste, and its products. The livestock sector of the country creates very good export opportunities for livestock and its products.…
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Do you really want to start a business and don’t have business idea? There are many businesses you can start in one day, most of them are right in front of you, but you don’t really see it. Even though a small business idea can generate much bigger revenue, all you have to do is…
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There are many reasons for importing product; one of them is the benefit for the world economy. Medical instruments, smartphones, and lots of different kinds of food are simply a number of products that we count on a daily basis that wouldn’t be done without import. The trendy world additionally depends on imports to make…
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Exports and imports have a big impact on a country’s economy. Countries with a balanced export-import rate have a stable economy and, that leads to the strong position of the country, in the international market. The agricultural product plays a vital role in the exports of Pakistan. The importance of agriculture crops in human life…
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Starting an export business can be a difficult job and expanding into the foreign market can be even harder. The fact is that most of the companies fail to take advantages of the available opportunities to increase the sales of the export business. Steps to Follow for Import and Export Business Following are the steps…
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If you are about to start import export business, then you need to know all about the import export procedure and documentation in Pakistan. Having all the knowledge of all the import export documents is not easy. At every step of the import export business document is needed and all documents are important. You have…
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Buying and selling of goods to foreign countries refer to international trade. International trade includes the import and export of the product. Both import and export business are very helpful in the development of relation between two different countries, and it is also useful in the country’s economy. In import, you buy products from the…
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