To facilitate commerce around the world, the International Chamber of Commerce (ICC) publishes a set of Incoterms, officially known as international commercial terms. Globally recognized, Incoterms prevent confusion in foreign trade contracts by clarifying the obligations of buyers and sellers.…
Yes, under Article 140 of the Customs Code (Decree Law 14/2017), you can inspect your goods, however, you need to obtain our permission to do so first. In some cases, these type of inspections may be needed to establish or…
There are a total of 10 different types of Incoterms, which are broken down into two main categories: Those that apply to any mode of transport and those that apply to sea and inland waterway transport only. The most commonly…
Yes: Providing the commercial invoice when you make your declaration to us is a legal requirement under Article 156 of the Customs Code (Decree Law: 14/2017).
A packing list is a document used in international trade, that provides the exporter, the international freight forwarder, and the ultimate consignee with information about the shipment. This list also includes details about how the shipment is packed and the…
While the information contained within the packing list and commercial invoice may appear to be the same, the two documents serve very different purposes. The packing list provides the exporter, the international freight forwarder, and the ultimate consignee with information…
A commercial invoice is a legal document between the supplier (consignor) and the customer (consignee). This document should include payment details, instructions, and terms. The commercial invoice is one of the most important documentsnin international trade, and the information contained…
According to the Customs Code, the following documents are required: Commercial invoice (this must be the invoice from the seller to the purchaser) Any documentation that provides evidence to obtain preferential or duty exemption treatment. Sanitary, phytosanitary or other Certificate,…
You can apply to operate a place of temporary storage by following the requirements here
When commercial goods enter Timor-Leste, they do so by air or by sea, or via a land border. When the goods arrive, they are initially considered to be in a "place of temporary storage." In more simple terms, these are…