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Virtual
Lifecycle of an Export Webinar Series | Protect Your Business
December 1, 2022
Learn about export compliance, how to protect your intellectual property in international sales, and how to ship your products overseas including HS Codes and protecting your product while in transit. In this session, speakers covered the core compliance elements that all exporters should consider, and strategies to ensure compliance that are tailored to your business. Speakers also discussed the importance of Incoterms, selecting the right transportation provider, the impact of schedule B’s/HTS numbers, and how to protect your product while in transit.
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Virtual
Lifecycle of an Export Webinar Series | Strategies for Getting Paid and Tax Savings Opportunities for Exporters
November 17, 2022
Learn about how to get paid, manage risk with payments, international tax savings, and tax and accounting considerations when opening an office overseas. Speakers shared information on payment methods available to exporters and discussed associated risks, costs, common pitfalls and issues that may arise with each one. Speakers also discussed international tax concepts that apply to global businesses and highlighted how tax treaties are used to facilitate trade and investment, allowing for greater certainty when doing business abroad.
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Virtual
Lifecycle of an Export Webinar Series | Connecting with International Customers & Partners
November 2, 2022
Learn how a localized website can help you grow your export sales, brand, and business internationally. Make the internet work for you with optimally localized business development websites, designed with an international focus, so your company will be found and be easy to do business with. This session included a discussion about international online marketing, search engine marketing, social media marketing, the importance of translation, and how to analyze website traffic and engagement.
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Industry Report
Asia Pacific
Australia Defense and Security Industry Report
October 28, 2022
Australia’s newly elected Labour government has stated its commitment to the Defense spending plan created by the outgoing Liberal government in 2020. Under this plan Australia will see an investment of US$187B in the decade between 2020 and 2030. In the 2022-23 financial year Australia has slated US$33.2B for defense expenditures, a 7.4% increase from financial year 2021-22. 2022-23 marks the 10th year of real growth in defense expenditures and equates to slightly over 2% of Australia’s GDP. Australia’s recent investment in its defense sector has been spurred by its uncertain and relatively unstable geopolitical position in the Indo-Pacific, particularly with regards to the rise of China. There are many opportunities for Virginia companies to provide defense services to Australia. Many of those opportunities will be created by Australia’s investment it its cyber, maritime, and training sectors.
The Defense and Security in Australia report outlines market entry strategy for Virginia businesses looking to sell into the Australian defense market. It also provides an overview of current trends in the market, key government and industry players, and details government and defense sector procurement.
Virtual
Lifecycle of an Export Webinar Series | An Introduction to Export Success
October 12, 2022
Companies often become accidental exporters. They receive an inquiry from overseas, which leads to a potential partnership and perhaps some success. However, such a reactive export strategy is not effective. Rather than letting markets and partners choose you, your company needs to take control of your export strategy. This introductory session addressed those initial key decisions companies must make to really build a successful export business.
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Export Guide
Europe
UKCA Marking Report
June 29, 2022
Following its departure from the EU, the UK has developed a series of its own trade markings in order to facilitate the harmonization of standards and the free flow of goods on its domestic market. The UKCA, or UK Conformity Assessed, is a new product marking that has been introduced as a mechanism for demonstrating to consumers that certain goods are compliant with the relevant UK legislation pertaining to health, safety, and environmental protection. The UKCA mark is applicable to all of the goods that were previously covered under the EU’s CE Marking scheme. All new products introduced to the UK market after January 1, 2023 will need to affix a UKCA marking to their product to demonstrate conformity with UK legislation. This brief explains what the UKCA marking is, what it covers, what happens to pre-existing products, and what manufacturers need to do to register for a UKCA marking.