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Import export classes in karachi lahore islamabad Pakistan

Import export classes in karachi lahore islamabad Pakistan

Import export classes in karachi lahore islamabad Pakistan

Call 03152507656

Provide Import export training  classes online

IMPORT EXPORT BUSINESS COURSE 

SIR SHAHZAD WAIZ

CALL 03152507656

 

  • Course Introduction
  • Job market
  • Course Applications
  • Institute/work ethics
  • Definition of trade and international
  • trade
  • Importance and scope of international
  • trade
  • Procedures of international trade
  • Explain import and export concept
  • Import and export impacts on economy
  • Understanding of steps involved in
  • exports
  • Understanding of steps involved in
  • imports
  • Introduction about firm
  • Types of firms
  • Research for product or service
  • Documentation for firm opening and
  • registration
  • Opening of bank account
  • Process for certificate of incorporation
  • Registration of firm under SECP
  • Registration process in chamber of
  • commerce
  • Registration with the association
  • Process of obtaining import or export
  • license
  • Registration with tax authorities FBR
  • etc. and other relevant authorities.
  • Information about duties and taxes. 
  • Explanation about international payment
  • Types of international payment

 

Import export classes in karachi lahore islamabad Pakistan

  • Consignment
  • Open account
  • Collections
  • Letter of Credit
  • Cash in Advance
  • Describe international payment methods
  • Documentation for payments
  • Swift code
  • Pakistan tariff system
  • Procedures of international payments for
  • exporter
  • Procedures of international payments for
  • importer
  • Risk involved in payments methods
  • Documentation involved in case of
  • discrepancy in payments
  • Other types of international payments
  • Export process and methods
  • Research for product to export
  • Research for export market
  • Types of export documents
  • Commercial documents
  • Government document
  • Financial document
  • Transport document 
  • Quotation (Introduction)
  • Sample & sample invoice
  • Sales contract 
  • Performa invoice
  • Packing list
  • Inspection certificate
  • Insurance certificate
  • Health certificate
  • Product testing certificate
  • Undertaking letter
  • Commercial invoice
  • Description of commercial documents
  • Process for preparing commercial
  • documents
  • Description of steps involved in dealing
  • with buyer and banking channel using
  • commercial documents 
  • Government documents types and their
  • importance
  • NTN
  • Sales Tax Registration
  • Chamber Membership
  • Import License
  • Export License
  • Import Export Declaration
  • Certificate of Origin
  • WEBOC LOGIN
  • Description of government documents
  • Process for preparing government
  • documents
  • Bank account
  • Bills of exchange
  • Promissory note
  • Letter of credit
  • Form E 
  • Shipping order
  • Bill of landing
  • Air waybill
  • Packing list 
  • Trade enquiry
  • Demand for sample
  • Commercial invoice
  • Packing list
  • Bill of Lading
  • Bank Contract
  • EIF FORM
  • Procurement of import licence
  • Obtaining foregin exchange
  • Placing the indent
  • Dispatching a letter of credit
  • Customs formalities and clearing of
  • goods 
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A Comprehensive Guide to Import and Export Understanding Introduction
In today’s globalized economy, international trade plays a crucial role in the growth of nations and businesses alike. International trade is centered on the concepts of import and export. Export is sending goods and services from one country to another for sale or trade, whereas import is bringing goods and services into a country from abroad. Countries are able to access products that are not readily available domestically thanks to these practices, and businesses are able to expand their global markets. This article provides an in-depth look at the import-export process, including its various types, essential documentation, regulations, and the advantages and disadvantages it presents for businesses. 1. What are exports and imports? Import
A product or service brought into one nation from another is an import. There are many reasons why countries import goods, such as: Locally unavailable availability of the product Lower cost or better quality abroad
Seasonal goods Raw materials or components for manufacturing
For example, Japan imports petroleum because it lacks domestic oil reserves.
Export
Export is the process of sending goods or services from one country to another. Countries export to: Obtain foreign currency Increase the scale of production Enter international markets
Boost economic growth
For example, Pakistan exports textiles, rice, and sports goods to various countries around the world.
2. Exports and Imports of All Kinds Types of Imports
Cars, electronics, and clothing are examples of industrial and consumer goods. Oil, minerals, and cotton are basic materials. Services include financial services and software development. Capital goods include production machinery and equipment. Types of Exports
Exports that are visible include tangible goods like cars, food, and furniture. Services like consulting, education, and tourism are examples of invisible exports. Goods sold directly to a foreign buyer are known as direct exports. Indirect exports: Products sold through intermediaries or agents
3. Processes for Importing and Exporting Process of Import Identify the product that you want to import based on market demand. Search for a reliable international manufacturer or supplier using the supplier search. Negotiation: Talk about costs, quantities, shipping, and how to pay. Import License: Obtain permits if the product is regulated.
Customs Clearance: Submit necessary documents to the customs authority.
Payment: Transfer payment through banks or international systems.
Transportation and Delivery: Get the goods and arrange for shipping. The Export Method Market Research: Identify target foreign markets and customer preferences.
Product Compliance: Ensure goods meet international standards and regulations.
Documentation: Prepare export documents such as shipping bills and invoices. Shipping arrangements: select the appropriate mode of transportation (air, sea, or land). Customs Clearance: Submit the necessary paperwork to allow goods to be exported. Delivery: Transport goods to the buyer and confirm receipt.
Payment Collection: Receive payment in accordance with the terms agreed upon (such as a bank transfer or Letter of Credit). 4. Important Export and Import Documents Both importers and exporters must deal with various documents to comply with regulations and ensure smooth transactions. Examples of typical documents include: For Exports: Commercial Invoice: Details of the goods and transaction value.
Bill of Lading: Shipping document issued by the carrier.
The packing, weight, and contents are all listed on the packing list. An import license is a government-issued authorization to import particular goods. The country in which the goods were produced is shown on the Certificate of Origin. At entry points, a Customs Declaration Form is completed for duty assessment. For Export: Proforma Invoice: Initial quotation sent to the buyer.
Export License: Authorization to sell specific goods internationally.
Letter of Credit (LC): Bank guarantee that the exporter will be paid. Airway Bill / Bill of Lading: Shipping document issued by air or sea carrier.
Certificate of Inspection: Confirms that the products meet quality standards. Insurance Certificate: Evidence of transportation insurance coverage. 5. Transportation Options Different modes of transportation are necessary for international trade, each with advantages and disadvantages: Sea Transport Suitable for bulk and heavy items
Economical but slower
requires containers and ports Air Freight
quickest approach Best for perishable or high-value goods
More expensive than sea or land
Land Transport
trains and trucks for countries nearby a good deal for regional trade Courier and Postal Services
Suitable for small parcels or samples
In terms of volume, it is limited 6. Methods of Payment Used in International Trade In the import-export industry, risk management and payment security are crucial. Common payment methods include:
Advance Payment
Prior to shipment, the buyer pays. Risky for the purchaser, but secure for the exporter Credit Letter (LC) The bank guarantees payment subject to certain conditions. protects both the seller and the buyer Collection of Records The seller uses banks to send documents. Buyer pays or accepts bill before taking delivery
Create a Account shipped goods without being paid for Low risk for the buyer, high risk for seller
Escrow Services
Payment is held back by third party until the transaction is completed. 7. Government Regulations and Compliance
Import and export regulations aim to: Keep domestic businesses safe. Maintain quality and safety standards. Pay taxes and duties. Put international agreements into effect. Import Regulations
Duties and taxes Limits on imports List of prohibited goods Health and safety standards
Rules for customs valuation Regulations for Exports Laws that regulate exports Embargoes and sanctions on trade Dual-use goods regulation (civil and military)
Needs for a license Each country has its customs authority (e.g., CBP in the USA, FBR in Pakistan) that enforces these regulations.
8. The Role of Organizations and Trade Agreements Treaties and trade organizations have an impact on international trade: Agreements on Free Trade (FTAs) Reduce or eliminate tariffs between member nations. NAFTA, the EU Single Market, and the ASEAN FTA are examples. The World Trade Organization enforces global trade regulations resolves conflicts between nations encourages open and fair trade Blocks in regional trade The EU, SAARC, and MERCOSUR assist member nations in reducing trade barriers. 9. Challenges in Import and Export
There are numerous obstacles to international trade: Logistical Issues
Customs or shipping delays Limitations of the infrastructure Currency Movements Exchange rate instability affects profitability
Instability in the Economy and Politics Wars, strikes, or inflation can disrupt trade
Divergences in Culture Language barriers and business practices
Obstacles to Regulation Documentation, shifting tariffs, and complex rules Noncompliance and fraud dealing with partners who aren’t trustworthy or products that are fake 10. Advantages of Importing and Exporting Despite challenges, import-export brings numerous advantages:
Advantages of Importing access to cheaper or higher-quality raw materials Improved product variety
Competitive pricing for businesses and consumers
Advantages of Exporting increases profit margins and sales. Diversifies market risk
enables creativity and effectiveness improves relations with other nations 11. How to Begin an Export-Import Business Follow these guidelines if you intend to start an import/export business: Conduct in-depth market research to learn about pricing, competition, and demand. Utilize trade directories and platforms like Alibaba, TradeKey, and others to select dependable buyers and suppliers. Understand Local Laws: Find out about product standards, licenses, and customs. Consider insurance, coverage, and experience when selecting a shipping partner. Prefer LC or bank-intermediated payments? Make use of secure payment methods. Organize shipping records, contracts, and invoices to ensure good record keeping. Join Trade Networks: Engage with trade associations and expos to expand your reach.
Conclusion
Import and export are vital components of global commerce that connect nations, drive economic growth, and support the development of businesses across all sectors. Understanding the fundamental concepts, documentation, processes, and regulations associated with international trade can empower entrepreneurs, companies, and governments to operate successfully in global markets.
Import-export operations are also becoming more accessible to small and medium-sized businesses as digital platforms, supply chains, and logistics continue to develop. Any company can take advantage of the opportunities presented by the global market by expanding its reach beyond national boundaries and adhering to international regulations.

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