What are the benefits of outsourcing your business's FEA (foreign economic activity) management and customs broker?

Embarking on foreign economic activity can be complex and challenging for any company. There are numerous details to consider, and overlooking them could result in significant financial losses and a waste of time. As such, it is crucial for companies to carefully plan and execute their foreign economic activities to ensure maximum profit and success.

What challenges might a company face when starting foreign economic activities?

• differences in other countries' markets;
• the need for competent preparation of accompanying documentation when purchasing goods and for customs clearance;
• obtaining certificates and dealing with non-tariff regulations;
• searching for suppliers and logistics companies, selecting and organizing proper interaction with each link of the logistics chain;
• cargo insurance and taking responsibility for cargo;
• conducting negotiations taking into account the foreign partner's cultural characteristics;
• controlling risks and unexpected situations.

Outsourcing FEA managers and customs brokers significantly reduce operation costs by saving time and money on interactions with customs, banks, and suppliers.

Outsourcing of FEA and customs brokers taking care of the following important working processes:

1. Looking for a reliable supplier for the needed product.
2. Searching for reliable partners, conducting negotiations, and making contracts with favorable conditions for the Customer.
3. Carrying out all necessary transactions and currency control.
4. Shipping and a complete set of logistics services.
5. Competent certification and preparation of customs documentation supporting shipping cargo to Ukraine.
6. Correct calculation of costs per unit of goods.

When it comes to outsourcing your foreign economic activities, it's important to choose a responsible company. The logistics company DiFFreight is here to be your reliable partner. We take into account the specific direction of your business, help minimize costs, and ensure that we stay within the terms specified in the contract. We'll provide accurate information on customs payment costs in all documents and ensure all legal aspects are correct.

We will act as contractors and take care of any possible issues. We are responsible for reviewing and validating your documents to ensure they comply with customs regulations. We will verify if additional certification is needed for your goods, inform you about customs payment plans, and provide any other essential details related to buying or selling your goods outside your home country.