Doing Business in the USA
Welcome to the New York office of the Export to Group in South Africa. Our business exists to help businesses like yours develop and prosper in the world's most dynamic market. We offer market entry and ongoing support to international companies who have selected the USA as a target market for their products, services or technologies. We also offer our USA based clients assistance regarding investment and trade opportunities in other markets where we have a local presence and will match their sourcing needs with the appropriate products and services from the best possible suppliers around the globe.
Export to USA- a few facts and figures
The United States has the largest, most innovative economy in the world. The economic recovery is gaining traction and the American private sector is in great shape with corporate profitability at an all-time high, and record amounts of cash. Consumers are also spending more now that the housing market is gaining strength and confidence is rising.
The US market comprises 50 states and one federal district. However, the United States should be treated as a series of regional markets with varying characteristics. It is the world’s fourth largest country in terms of geographic area. The continental United States covers four time zones, six including Alaska and Hawaii.
Although the United States operates foreign investment restrictions in some sectors of the economy (airline ownership, telecommunications, and radio services) foreign investors are generally treated on an equal footing with domestic business. There are no restrictions on moving capital in or out of the United States (or between states) or on the repatriation of profits.
Today we see multiple opportunities for international trade with the USA. The lists below are by no means exhaustive, please contact us with details of your business and why you think there may be demand for your products or services in the USA.
Washington DC and New York are home to The World Bank and United Nations. These agencies can offer excellent opportunities to UK companies.The World Bank and other aid organisations spend over $180 billion each year.The United Nations procures around $7 billion of goods and services each year.
AerospaceThere are opportunities for companies with products or technologies in:
Advanced manufacturing, automation, composites materials and structures, aircraft interiors, the airline passenger experience
Low carbon vehicle technology, motor sport, construction equipment, the after market industry
Solid waste management, air pollution reduction, water quality, resource management, infrastructure
Fashion, alcoholic and non-alcoholic beverages, organic, natural and gluten free food, niche foods
Creative and media
New technologies to improve intellectual property protection, digital rights management, digital content production and distribution, animation, 3D, consumer experience for mobile devices
Energy and renewables
Oil and gas exploration and production, oilfield services, energy supply chain improvements, nuclear safety, biomass development, solar, wind and tidal energy, clean coal technologies
Financial and professional services
Banking, asset management, insurance, venture capital, accounting, legal services
Homeland security and defence
Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR), border security, cyber security and insurance, threat identification systems, commercial aviation security, maritime security
Information and Communications Technology (ICT)
Personal monitoring systems, machine to machine communication, robotics, analytics (big data) business software, mobile applications, cyber security
Drug discovery and development, healthcare ICT, diagnostics, medical devices
Points to note
The US market can be quick to engage in legal proceedings. You should always get qualified legal guidance before entering into any agreement. Ideally, your contracts should be reviewed by lawyers who understand both US and UK law. If you intend to sell goods or services to the US, you should consider applying for US trademark protection. You also need to check that your trademark doesn’t infringe any existing trademark. In the US, a company name is not the same as a trademark and will only give limited protection. US Customs and Border Protection (CBP) is part of the US Department of Homeland Security (DHS).
Before you ship items to the US, you’ll need to classify your goods using the harmonized tariff schedule. You’ll also need to determine the duty rates using the US International Trade Commission database. If you know where your goods will enter the US, you can also speak with a customs agent at the port of entry or hire a licensed customs broker. A broker can help you with federal procedures and submit information and payment to CBP on your behalf.
Export to USA
101 Avenue of the Americas, 8th Floor, New York City, New York, 10013