Shrek
8th January 2010, 16:38
Hi, I'd really appreaciate some advice if anyone can help?
I am in the process of setting up a consumer ecommerce site that sells individual items, produced in China and sent directly to the consumer from the factory in China via Fedex.
The market is global and the products won't pass through the UK - they'll go direct to the consumer.
Everything is outsourced so I basically handle sales, marketing etc.
Could anyone please advise on
1) Best type of company structure for this business (sole trader, limited, offshore? etc)
2) what are the implications on taxes, import duty etc when selling individual items globally?
Thanks in advance for any help that you can offer.
I am in the process of setting up a consumer ecommerce site that sells individual items, produced in China and sent directly to the consumer from the factory in China via Fedex.
The market is global and the products won't pass through the UK - they'll go direct to the consumer.
Everything is outsourced so I basically handle sales, marketing etc.
Could anyone please advise on
1) Best type of company structure for this business (sole trader, limited, offshore? etc)
2) what are the implications on taxes, import duty etc when selling individual items globally?
Thanks in advance for any help that you can offer.