Amber Stellingwerf

Your company will need a DDTC registration if it is involved in the export or import of any ITAR-controlled items (as in the case of an exporter, broker, or freight forwarder) or if it manufactures any ITAR-controlled items that may be exported.

Setting up a Euro account is not necessarily as we can receive EUR from your customers in a secure client account, leaving you with the option of exchanging back into GBP – or a currency of your choice – at a time of your choosing to maximise revenue.

Improving a process as complex as the supply chain can be daunting, as companies are challenged with finding ways to meet ever-rising customer expectations at a manageable cost. To do so, businesses must identify which parts of their supply chain process are not competitive, understand which customer needs are not being met, establish improvement goals, and rapidly implement necessary improvements. Industry has long lacked a standard way to measure supply chain performance. Because of this, manufacturers and service providers were unable to use a common assessment tool — benchmarking — in the effort to improve their performance. Moreover, the lack of a common means to describe supply chain processes rendered software selection difficult and usually expensive. Instead of finding the right tools for improving specific competitive gaps, businesses often made huge investments in software that failed to address their particular problem. All too often, available software products forced companies (often unwittingly) to revamp their supply chain processes to suit some default criteria.

At present details of future customs arrangements are uncertain, as they will depend on the nature of a possible Brexit settlement between the UK and the other 27 EU Member States. The Institute of Export & International Trade runs regular Brexit Workshop sessions for businesses to examine various Brexit scenarios and implications for companies trading with the EU & beyond.

There is no threshold for foreign companies that hold goods in Germany. You will need to register for VAT as soon as you put goods in the fulfilment centre and then charge German VAT to your business customers.