Decoding harmonized codes Sounds like you’re ready to take your business global but as you get started, you run into new terms that have you scratching your head. One of the first things someone will ask you is if you have HS or harmonized codes for your product. Unlike the complicated, technical definitions you may see when googling this term, we’ll be giving you a simpler breakdown of an HS...
You are looking to expand your eCommerce business internationally when you come across the term – de minimis. What does this mean, and why should you care? When we’re talking about international eCommerce, de minimis refers to a country-specific threshold that tells you when duties and taxes are applied. Country-specific de minimis threshold examples: Definition De minimis...
Cross-border eCommerce presents massive opportunity Cross-border eCommerce continues to grow at a rapid pace and presents a massive opportunity for merchants looking to grow their sales. In 2016, worldwide eCommerce sales totaled $1.86 trillion, and that figure is expected to boom to $4.48 trillion by 2021*. Billions of global consumers are turning to the convenience of eCommerce, and that trend...