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The year of the Tiger

China’s weight in international trade is increasingly accentuated, with the addition that in industrial terms it has a weight, often above 80%, in the manufacture of essential components for the normal functioning of industries in all markets worldwide. For the...

Metallurgical exports reach a record level

Portuguese exports in the metallurgy and metalworking sector recorded “the best” month “in its history” in November, with 1.964 billion euros, 9.7% more than in 2020 and 0.8% more than in 2019. “The month of November 2021 turned out to be...

E-Commerce (online shopping) outside the EU since July 1st 2021

Purchases made through E-Commerce to resell to others or for your own consumption, in countries outside the European Union, such as United Kingdom (Great Britain), United States, Australia or China, being the shipment in most of the situations made by air and/or mail,...

IOSS – Import One Stop Shop and VAT Simplified Regime

When importing goods with a value of less than 150.00 Euros, purchased online through e-commerce in markets outside the European Union, as long as the importer is an electronic platform and is registered (optional) at the IOSS -Import One Stop Shop you have an...

New form of customs declaration for low value consignments

Following an amendment to the Union Customs Code Delegated Regulation (EU) 2015/2446, it will be possible from 1 January 2021 to declare goods up to 150 € using a customs declaration that requires 3 times less data than a standard declaration. From 1 January 2021 the...