Overseas economies provide great opportunities to break into new markets. Importing can reduce supply costs and enable you to source products that are unavailable in the UK.
However, many organisations are wary of the red tape associated with international trade. This shouldn't be holding you back.
Read this paper to learn how to handle VAT in international trade and what the differences in trade are between EU and non-EU countries.
Putting the right accounting systems in place can help you exploit the opportunities that international trade offers and ensure that you comply with VAT requirements.
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