Worldwide Duty free spirits We are available 24/7 info@a2bc.com

What is Parallel Trading?

uncontrolled parallel trade diagram

Parallel trading is trading through distribution channels which, even though they are legal, are also unofficially, unauthorized or unintended by the manufacturer. By contrast, a black market is trade in goods or services that are illegal or distributed through illegal channels. Some examples of a black market are: selling stolen goods, drugs or weapons. Unlike…

Read more...

DAP: Delivered At Place

dap incoterms explained

DAP stands for Delivered at Place. Being part of the Incoterms 2010, the DAP shipping agreement describes the liability distribution between the buyer and seller when trading different goods internationally. The DAP agreement can be used when multiple transport modes come in to play. Seller is responsible for the transportation of goods up to the…

Read more...

Liquor

Liquor is the collective noun for multiple categories of alcoholic beverages. A lot of different types of alcohol are classified under “liquor”, but the well-known categories include vodka, whiskey, gin, rum and tequila. Liquor is a synonym for spirit or hard alcohol. One of the main principles of liquor is that this type of alcohol…

Read more...

EXW: Ex Works

exw-ex-works-incoterms

EXW stands for Ex Works. Part of the Incoterms 2010, it describes the distribution of responsibilities and liabilities between buyer and seller in the international trade. The seller is responsible for having the goods ready for pickup, the buyer is responsible for transportation to the target country. Using EXW, also called “named place of delivery”,…

Read more...

Bonded Warehouse

bonded warehouse container

Bonded warehouses are used by logistic companies as a secure, monitored area or warehouse to store goods. A warehouse has lots of benefits.  How do they use them to their advantage? Simply put: by using a bonded warehouse, companies pay less taxes compared to a normal situation. Before these warehouses were established, duties needed to…

Read more...

Wholesale

wholesale a2bc

Wholesale describes the middle man, situated between the Distributor and the Retailer. They buy goods in bulk from the distributor, while selling them to the retailer in smaller amounts and at wholesale price. This way, profit is maximized. Wholesalers are also called Jobbers. Wholesale Definition The Cambridge Dictionary defines wholesale as: the activity of selling…

Read more...

Duty Free Alcohol

duty free alcohol a2bc

Duty free alcohol is alcohol, bought in a duty free zone. You will pay less taxes when buying duty free alcohol and the seller is exempt from paying national taxes as long as the goods are taken outside of the country. But beware, duty free alcohol is not (completely) tax free! This is where people…

Read more...
Call Now ButtonCall now