[aaron_mcg]

hi,

im just about to start my own business and ive been talking to alot of suppliers in china for prices on my goods that i want delivered

i just wanted to ask has anyone got experience on getting goods delivered from china via sea frieght and what will i expect at the port i.e cost wise,

also would it be best to get my own ship rather than getting the supplier to organise it..any extra help on this issue will be very much appreciated

[dudara]

Moved to Entrepreneurial & Business Management

dudara

[hytrogen]

Originally Posted by aaron_mcg

...
also would it be best to get my own ship rather than getting the supplier to organise it..any extra help on this issue will be very much appreciated

Your own ship?? What are ya moving, a few ex-soviet tank divisions?? :-P

[Franticfrank]

Are you starting a shipping business? Is so, you will more than likely need your own ship.

[Swampy]

Buy your goods FOB and organise an Irish freight company to do the rest.

[aaron_mcg]

no i dont mean that i mean to organise a shipping company from ireland to transfer my goods rather than getting one from china to do it, i just want to know what the costs are at dublin port...do they charge by the weight of the goods and what other costs are involved with getting your goods clearence..etc etc

[Mr Bump]

As already quoted purchase your goods FOB, then get a freight forwarder to look after the rest, i know many, if you PM me i will give you names and numbers to call,

Originally Posted by aaron_mcg

hi,

im just about to start my own business and ive been talking to alot of suppliers in china for prices on my goods that i want delivered

i just wanted to ask has anyone got experience on getting goods delivered from china via sea frieght and what will i expect at the port i.e cost wise,

also would it be best to get my own ship rather than getting the supplier to organise it..any extra help on this issue will be very much appreciated

[Dr.Zeus]

Couple of things I've experienced with China imports
1) Swampy is correct, FOB is way to go. But be sure to get ALL costs from Irish forwarder, there are loads of additions (bunker adjustment charge, surcharge etc etc). Expect to pay around €3.5k for a 40' container
2) Check your customs charges and duty BEFORE you import. Get a binding tarif agreement if possible. The forwarder will require a cheque/draft from you when goods are at port and this will include the duty - not nice to be left with a huge duty bill.
3) Depends on what Chinese company you are dealing with but they can be notoriously lax with paperwork and using correct tarif codes.
4) Be sure that your forwarder includes Insurance costs, unless you have your own cover.

[fasttalkerchat]

Don't import electricals. Allow for delays and find out what if the goods are damaged in transit. Allow for additional costs of 25%.

[gravity10]

Hey guys, sorry to hi-jack!

I'm looking at doing the same thing but for relatively small quantities - one to ten boxes or so initially, then hopefully expanding. Does anybody have any experience of importing smaller loads like this who could enlighten some of the pitfalls?

Thanks a million!

[Mr Bump]

Drop me a PM and i will point you to the right people,

Reagrds
Mr Bump

Originally Posted by gravity10

Hey guys, sorry to hi-jack!

I'm looking at doing the same thing but for relatively small quantities - one to ten boxes or so initially, then hopefully expanding. Does anybody have any experience of importing smaller loads like this who could enlighten some of the pitfalls?

Thanks a million!

[lisa7084]

i was thinking of importing shoes from china around 21 pairs the total cost for shipping and shoes is 350.00 euro, the suppiler says he will write the value as under 100 dollers. Does any1 have any idea of how much this package will cost me when it gets into ireland?

[fasttalkerchat]

Originally Posted by lisa7084

i was thinking of importing shoes from china around 21 pairs the total cost for shipping and shoes is 350.00 euro, the suppiler says he will write the value as under 100 dollers. Does any1 have any idea of how much this package will cost me when it gets into ireland?

€150 is the limit for not paying duty. You will only pay VAT. However this is only if the revenue accept that they're for personal use, unlikely if they're all the same!

[lisa7084]

Thank you for your reply, the vat rate is 23% prob not worth the risk of bringing in the shoes, on how much ill have to pay when they get here, i wont be making a good profit.

[RUDOLF289]

Originally Posted by lisa7084

Thank you for your reply, the vat rate is 23% prob not worth the risk of bringing in the shoes, on how much ill have to pay when they get here, i wont be making a good profit.

If you are a VAT registered business the VAT you pay on imports is a deductible input, i.e. you can claim it back in your VAT return.

However, duty on shoes can be as high as 14% and that can not be claimed back. Bear in mind that Customs may ask you to show proof of how much your paid for the shoes. If that happens you will be liable for the duty and VAT.

Cheers,
Rudolf289