Jessica Richardson6 said:Hi everyone,
I’m looking into importing goods from China—or just general importing in general. I want to stock my own shop with small items like alarm clocks, kids' toys, picture frames, sunglasses, phone accessories, and basically all those little trinkets.
From what I gather so far, I need to find a supplier in China, coordinate shipping with them and UPS, and hire a freight forwarder... there seems to be so much moving parts. If anyone could point me toward a helpful guide or a detailed article, I’d appreciate it; I don't mind doing the homework because I want to be fully prepared.
I also have a few questions regarding how sales tax and customs work now that we're part of the US trade system—is it actually more cost-effective to just buy the same inventory from Germany or somewhere else within the US?
Is there some kind of cost calculator or similar tool out there?
If I'm importing this stuff from China or the US, do I need to register my business specifically as a "wholesaler" or something along those lines?
Could I just operate as a sole proprietorship??
Thanks!!
The federal inspectors would eat you alive during your very first audit. Pretty much any product being put on the market has to carry some kind of certification, like a CE or COC mark.
Basically, if you bring in a battery-operated alarm clock, you have to draft a Declaration of Conformity before you can sell it.
A Declaration of Conformity is a formal document issued by the manufacturer stating that their product was designed and manufactured according to the specific requirements set out in the relevant regulations. By providing this declaration, the manufacturer takes full legal responsibility for the product's compliance.
That declaration has to be written in American English or translated into American English if the product is being placed on the US market.
Since the manufacturer is the one who actually drafts the declaration while their authorized representative holds onto it, the importer is legally obligated to ensure that the declaration is available.
In the Declaration of Conformity, you have to explicitly state that all technical requirements dictated by the applicable regulations have been met, and it must include all the specific elements required by those rules.