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#325 - Compliance Requirements For International Marketplaces

Serious Sellers Podcast · with Rael Lowenthal · February 26, 2022 · 37 min

Summary

This episode breaks down the often-overlooked but crucial compliance and logistical hurdles of international Amazon expansion. It provides ecommerce operators with practical advice on navigating local regulations, taxes, and shipping to avoid costly delays and ensure successful global scaling, making the "unsexy" aspects of cross-border selling actionable.

Key takeaways

Themes

amazon & marketplacessupply chain & operationsfinance & fundraisingfounder & leadership

Topics covered

international amazon expansionamazon japan complianceimporter of recordcustoms regulationsspecial consumption tax japaninternational shipping timelinesuae amazon complianceaustralia amazon complianceincotermsdistressed cargo

Episode description

Today, we speak with Rael Lowenthal about product compliance, importing, taxes, and logistics for when you’re ready to expand your business internationally.

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Frequently asked about this episode

What does this episode say about amazon & marketplaces?
For Amazon Japan, a local Importer of Record (IOR) with physical presence (directors, employees) in Japan is legally required for foreign sellers to handle customs and compliance. This prevents customs authorities from having to chase foreign entities.
What does this episode say about supply chain & operations?
Understand that for Japan, special consumption taxes apply in addition to customs duties, similar to VAT in other regions. Factor these into your pricing and profit margins when planning expansion.
What does this episode say about finance & fundraising?
Be aware of the fastest-growing international Amazon marketplaces like UAE, Australia, and potentially India. Research their specific compliance needs (e.g., product registration, local representation) before entering.
What does this episode say about founder & leadership?
Thoroughly understand Incoterms (e.g., DDP, DAP) and their implications for who is responsible for customs, duties, and taxes during international shipments. This impacts landed cost and delivery speed.
What does this episode say about amazon & marketplaces?
When shipments get stuck, proactive communication with customs brokers, freight forwarders, and potentially working with a partner specializing in distressed cargo can resolve issues and minimize delays.

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