BUSINESS INVESTMENT

Importing/exporting

Importing products into Australia from any country is subject to very strict conditions, so before developing and implementing your project, be sure that you can import your product!

First step: can I import my product?
You have first to contact the AQIS that is part of the DAFF (Department of Agriculture, Fisheries and Forestry) and look for all restrictions. Importing dairy products, animals, vegetables, connex products and vegetal -based manufactured products (include also packaging!) into Australia is either forbidden or subject to severe quarantine measures or involving spray sessions at arrival. An import permit is compulsory for some products. To sum up, be aware that there is a certain prohibition to trade in certain products into Australia.

Info about AQIS: www.daff.gov.au/aqis.

Second step: custom rules in Australia.
Another hiccup includes the custom rights: a certain percentage is retained according to the value of the imported goods. Those taxes aim at protecting the domestic industry rather than increase income. Consequently, products that are not in direct competition with the Australian industry are not taxed while entering Australia. The Australian government applied a progressive reduction of these rates ( 5%) in 1988. Australia has already signed several free trade agreements with New Zealand, Singapore, Thailand and the USA.

Some special documents may be requested such as: - An official form for all imported products worth over AU$ 250 (if sent by freight) or AU$ 1000 (if sent by post). - An official form detailing the nature of the imported products, evidence of insurance cover, invoices, etc. If you send some samples, indicate “no commercial value” on parcels and no tax will apply.

For further details, please consult the official website of the Australian Customs Services.

Third step:lmport taxes in Australia.
The list is long and each rate depends on the nature of the imported products. Click here to receive more relevant information.

Conclusion: whatever your project, selecting a competent freight broker specialized in Australia is crucial, knowing that he can assist you through all the procedures and he masters the rules and tips to make sure your trading project be achieved successfully. He is the person responsible to clear all administrative and custom red tape (import permit…).

To identify niche markets, contact the Chambers of Commerce in the city you are planning to trade in.

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