Information about legal framework, payment customs and practice
The time has gone, when customs duties and administrative regulations were the major obstacles to export trade. A survey made by Intrum Justitia involving 9'600 businesses in 22 European countries shows that todays most important obstacles to trade are as follows:
EU-domestic trade
1. Uncertainties regarding payment
2. Payment period
3. Legal uncertainties
4. Market and country risks
5. Administrative obstacles
Trade with European Non-EU-countries
1. Uncertainties regarding payment
2. Market and country risks
3. Legal uncertainties
4. Payment period
5. Customs duties and taxes
Trade with USA
1. Uncertainties regarding payment
2. Legal uncertainties
3. Payment period
4. Customs duties and taxes
5. Administrative obstacles
Recommendations how to protect against payment uncertainties are provided in the menue News Corner - Credit Management in practice. In addition you may find in the menue Country Risk Management the latest information about country risk assessments as well as usefull information about payment habits.
Legal uncertainties in Credit Management: Is it allowed to charge recovery costs in Finnland? And what's about late payment interest? How is the situation in the United States, Argentina or in the UK? How long does it take to prosecute a claim in Italy? How long in Spain, in Hong Kong or in France? How much are the costs and who has to pay them - the creditor or the debtor? Answers to these questions and many more you may find in this menue.
The time has gone, when customs duties and administrative regulations were the major obstacles to export trade. A survey made by Intrum Justitia involving 9'600 businesses in 22 European countries shows that todays most important obstacles to trade are as follows:
EU-domestic trade
1. Uncertainties regarding payment
2. Payment period
3. Legal uncertainties
4. Market and country risks
5. Administrative obstacles
Trade with European Non-EU-countries
1. Uncertainties regarding payment
2. Market and country risks
3. Legal uncertainties
4. Payment period
5. Customs duties and taxes
Trade with USA
1. Uncertainties regarding payment
2. Legal uncertainties
3. Payment period
4. Customs duties and taxes
5. Administrative obstacles
Recommendations how to protect against payment uncertainties are provided in the menue News Corner - Credit Management in practice. In addition you may find in the menue Country Risk Management the latest information about country risk assessments as well as usefull information about payment habits.
Legal uncertainties in Credit Management: Is it allowed to charge recovery costs in Finnland? And what's about late payment interest? How is the situation in the United States, Argentina or in the UK? How long does it take to prosecute a claim in Italy? How long in Spain, in Hong Kong or in France? How much are the costs and who has to pay them - the creditor or the debtor? Answers to these questions and many more you may find in this menue.
