The UK is set to exit the single market in just four short months. As you seek out ways to mitigate potential issues at the border post-Brexit, what alternative solutions have you considered? Implementing a third-party Merchant of Record (MoR) relieves your business of VAT challenges, enabling you to expand to new markets quickly.
Retailers, direct-to-consumer brands, marketplaces and marketplace sellers riding the lockdown boom in cross-border ecommerce are getting a massive wake-up call today as global postal rates into the United States start … Continue Reading →
The European Union is making sweeping updates to how retailers need to calculate Value-Added Tax (VAT) when selling goods into its member countries, effective July 1, 2021. Peter Boerhof, EU VAT director for Vertex, explains the various changes and their significance, and the impact for companies selling goods into Europe.
SEKO Logistics has acquired New York-based freight forwarder and cross-border ecommerce firm Air-City, Inc. for an undisclosed sum as it looks to expand its shipping capabilities into China and add resources and infrastructure in the critical New York area. A year ago, SEKO acquired GoodShip International Inc. in Chicago.
Hoboken, NJ-based Flow has secured $37 million in Series B funding to drive its mission of helping businesses market, sell and ship to global consumers online by providing localized experiences. The funding will be used to build up product offerings, grow customer acquisition, add staff and expansion in the U.S. and Europe.
Over the last decade, booming global ecommerce has given small businesses around the world an opportunity to expand their reach in D2C. But this expansion does come with challenges, especially in the area of payments. See how State Cashmere addressed currency and taxation issues while freeing up working capital to fuel growth.
The global shipping landscape may be disrupted this fall, depending on the outcome of two major geopolitical events, and cross-border ecommerce sellers need to brace themselves for the potential changes. Experts discuss the ramifications of both Brexit in the UK and a possible U.S. pullout from the Universal Postal Union (UPU).
The global shipping landscape may go through one and possibly two seismic shifts this fall: either a Brexit in the UK, a U.S. pullout from the Universal Postal Union, or both. So how should you prepare? How quickly can you adjust your shipping plans? This latest special report from MCM taps experts and explores these issues in detail.