How to start Import - Export Business (Small Scale) & Licensing Procedures
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Introduction
The main objective of this course is to build up the confidence to start an Import- Export business. This training is designed for, business starters, SME, and Exporters-Importers & Entrepreneurs.
At Present, Bangladesh is earning huge foreign currencies through export in RMG, Pharmaceuticals, Ceramics, Leather & Leather goods, Jute & Jute Goods, Handicrafts, and agro product sectors. Besides, Importers & Industrialists are importing their required materials and capital machineries from all over the world to fill up our local market demand and consumption.
Therefore, new entrepreneurs have opportunities to start their own business in the free economy market.
Methodology
Exercise, PowerPoint Presentation, Question and answer session.
Contents of Training:
Day-1
1. Export-Import business License 2. License/documents/certificates issuing authorities 3. Potential items, to start the business 4. Banned items as per Import- Export policy 5. Potential Importable items 6. Potential Exportable items 7. Sourcing Process of Buyers & Sellers 8. Import Procedure & required documents 9. SWIFT Code & H.S Code 10. New S.R.O Questions & Answers Session
Day-2
11. Export Procedure & required documents 12. Payment methods of International Trade 13. Customs Duties and Taxes 14. Calculation of Costing of Import 15. Calculation of Costing of Export 16. Cost minimize for Import- Export Business 17. Cash incentive for exportable items 18. GSP / REX Certificate 19. Shipping Process 20. GSP Certificate & PRC Questions & Answers Session
Day-3
21. Bill of Exchange & Bill of Entry 22. Correct of H.S code and its importance 23. Certificate of Origin (CO) & Certificate of Analysis 24. Government Rules & Regulation 25. How to open L/C & Advantages of L/C 26. How to Prepare P/I, Sales Contract 27. IRC, ERC, GSP, SWIFT, SRO, H.S Code, FCL, LCL, ETA, ETD, NBR, UP UD, UCP, ICC, P/I,------- etc 28. Insurance Policy & Insurance Cover Note 29. Payment method by LC 30. Export Tax / Tariff Questions & Answers Session
Day-4
31. T/T Payment 32. Import without L/C 33. Port authority charges 34. Export Facilities / Cash Incentive 35. International Payment methods 36. Risk of payment 37. Customs Formalities 38. Dealing with C&F Agent 39. C&F Agent Commission 40.Import Tax, VAT, the Duty Calculation process Questions & Answers Session
Introduction of other reference books Certificate Distribution