Martina Colombo

"Trade Barriers are obstacles for trade. These are measures that make trade more difficult or less attractive, and thus discourage trade. For example, some of the trade barriers are: 1. Import duties (they increase the price of imported goods, and thus make the import less attractive) 2. Inefficient border controls cause a delay (in clearing goods) at the border, which in turn causes disruptions to the supply chains of companies that rely on the goods. 3. Administrative procedures for import/export, e.g. the need to submit paper-based documents, the need to provide the border control authorities extra information, the need to translate documents for the authorities. All these extra efforts by the exporter/importer cost time and money, and hence they make trade less attractive. 4. Complex IT requirements: if exporters and importers are required to submit data to multiple government agencies, they entail extra IT costs. Also, these costs become “costs of trade”, making trade less attractive."

"Yes, you’ll need to register your business once you start to make sales, but there is no rush to do so until you start making them consistently. This is because the majority of payment providers require you to prove that your business has such credentials.Keep in mind that business licenses vary from country to country."