by GlobalPost | Feb 8, 2022 | Uncategorized
Back in July 2021, The European Union (EU) introduced new reforms to the VAT obligations for B2C e-commerce sellers and marketplaces, and the Import One-Stop Shop (IOSS) was set to enable sellers to comply with new VAT obligations. For a refresher on the topic, please...
by GlobalPost | Jan 29, 2022 | Uncategorized
The U.S Postal Service has temporarily suspended Priority Mail International® (PMI) delivery to China effective January 28, 2022, due to limited transportation options. PMI parcels currently in transit will be delivered (although delays should be expected) but items...
by GlobalPost | Jan 19, 2022 | Uncategorized
The U.S Postal Service has TEMPORARILY suspended parcel delivery to Hong Kong, due to the lack of air transport options to the city. The following services are impacted: Priority Mail Express International (PMEI) Priority Mail International (PMI) First-Class Mail...
by GlobalPost | Dec 31, 2021 | Uncategorized
Every 5 years, the World Customs Organization (WCO) renews its list of international product codes for global trade. The 2022 edition comes in effect on January 1, 2022 and includes updates that may impact your products’ classification. What are HS Codes and why are...
by GlobalPost | Dec 17, 2021 | Uncategorized
In July 2021, the EU implemented new trade rules for U.S sellers, making all goods imported to the EU valued at up to 150 euros (approximately $178) subject to VAT, and items valued at more than 150 euros subject to VAT and duties. See our post on the topic. Now, La...
by GlobalPost | Oct 30, 2021 | Uncategorized
Tis (almost) the season for holiday shopping, and this year is shaping up to be yet another banner year for online channels. E-commerce rose 32.4% in 2020 alone, , thanks in large part to a mix of local unavailability, disrupted supply chains, and the benefit of...