First time exporting to the USA – duty and VAT?
Question
Hi – Hoping you can assist. I own a small online retail store and I have been approached by a retailer in the US who would like to sell my products.
I have never exported before so uncertain as to what legalities I may need to consider. I’m also not sure about the customs and excise side to exporting.
Will the US Buyer need to pay import duty on the products?? Being a UK retailer I sell my products with British VAT but as this isn’t applicable to the US do I need to price my products without VAT so they can add their own local tax??
Thanks for any help you can give me
Answer
Hi there,
I hope you get an answer to your question shortly.
In the meantime, I recommend also looking at the Institute of Export and International Trade’s helpdesk for more specific advice:
http://www.export.org.uk/page/Export_Helpline
The OTE team