What does indirect export mean in business?

Indirect export refers to the trade in goods or services made possible by the previous export of goods or services (depending on the type of indirect export). The primary purpose of indirect exports is to help the exporter avoid whatever restrictions are placed on the original export of the goods or services. Indirect exports also reduce the costs that are associated with having two separate transactions.

What does indirect export mean in business law?

Indirect export is a policy promoted by many trade organizations aimed at helping small and medium-sized businesses sell goods and services abroad without having to seek a U.S. export license. It enables an exporter to use foreign subsidiaries or authorized representatives to handle export paperwork, and to pay for the goods and services in foreign currencies. While an exporter may have a U.S. company that handles domestic operations, they don’t need to hold a license to export, as long as their

What does the term indirect export mean in contract?

There are two types of indirect export: goods and services. The U.S. government defines goods as tangible products, such as machinery, food, furniture, and electronics, while services are intangible products, such as consulting, accounting, and legal advice. These two types of exports have different tax rates.

What does the term indirect export mean in business?

Indirect export is a form of exporting your products without the help of a middleman. Instead, you work with an exporter or a trade partner to sell your goods to foreign consumers through a foreign trade intermediary. Indirect exports are usually more cost-effective since you don’t have to deal with the expenses of an agent, a representative, or a shipping company.

What does indirect export mean in an investment agreement?

Sometimes an indirect export is a requirement in a commercial contract. For example, one party might agree to buy a product from another party. The buyer might need the product to be manufactured in a certain location and the manufacturer might agree to build the product in that location as long as the buyer pays a fee to the manufacturer. This indirect export is required because the manufacturer needs to have control over the production process in order to comply with all applicable export laws and regulations. If the manufacturer contracts with a manufacturer located