The Opportunity
The EU offers a potentially highly lucrative marketplace for non-EU companies to sell their products, particularly over the internet. EU online sales grew by a staggering 20% to £153 billion in 2010, representing 5.5% of overall European retail trade, and this figure is only likely to increase.
The Challenge
Unfortunately, the EU is also an extremely complex marketplace. It is currently comprised of 27 countries, each with their own customs and tax authorities, speaking 23 official languages. Without an EU footprint or the right expertise, it can be almost impossible to navigate successfully, incurring significant costs and delays. Increasing regulatory scrutiny and working in different time zones can also create barriers to entry. 27 countries, each with their own customs and tax authorities, speaking 23 official languages.
The Solution
Our Gatew@y to the EU provides your company with a tax-neutral EU footprint from which to manage the entry of your goods into the EU. This method of structuring and suite of supporting services offer a comprehensive solution for supplying both EU businesses and individual consumers.
Read more on our services and solutions by downloading the article.