Congratulations, you’ve done great work! Your export marketing and sales effort paid off.
You’ve just received an order from the client on the other side of the world. Although it’s a good idea to go out for dinner to celebrate the success (especially if this is your first one), it is now time to deliver the order.
So, you’ll have to take these 10 steps:
Step 1. Register Your Export Business with Your Government
Step 2. Price It Right and Share Costs and Responsibilities with the Client
Step 3. Get Paid Before you Export
Step 4. Engage Freight Forwarder and Customs Broker
Step 5. Label Your Goods according to the Requirements of the Country of Destination
Step 6. Package Your Goods
Step 7. Prepare export paperwork
Step 8. Arrange Pick-Up Date and Time
Step 9. Load the Container, Vessel, Vehicle, Rail Car or Aircraft
Step 10. Track Shipment with Your Client
So, step 1. Register Your Export Business with Your Government
This is a one-time only process. You must acquire an export number and use this number to declare all of your future exports. The Government requires the number for statistical and taxation purposes. Here is how you obtain it.
It’s easy to do online 24/7 at theCanada Revenue Agency website. Alternately, you can go to http://www.cra–arc.gc.ca/tx/bsnss/tpcs/bn–ne/ndn/mprtxprt–eng.html and fill out a paper copy of the request for a business number, then send it to CRA by post.
In the United States of America
There is no specific registration process for exporters. However, each export declaration must have your USPPI EIN (IRS) or ID No., which means U.S. Principal Party in Interest. In fact, this number is identical to the Employer Identification Number (Tax ID) if the shipper is a corporation. For individual shippers, the number is identical to your Social Security number.
Would you like to learn more about these 10 steps and start applying them?
Join our webinar “10 steps to exporting your products” on December 3rd, 2013
This webinar is right for you, if you turn export inquiries down just because you don’t know how to handle them. Learn hidden truth about handling scary paperwork like bill of lading, letter of credit, and some others. Find out how to fulfill export orders successfully and get paid.
P.S.: All participants of this webinar will get valuable bonuses for free. Watch the video!