Do I need import license to buy from Alibaba?

Do I need import license to buy from Alibaba?

There are no general import credentials to buy from the platform. Alibaba is simply an online supplier’s directory that allows buyers to buy in bulk without special credentials such as import license; Alibaba suppliers can work with any buyer, as long as you consistently buy in bulk and pay for the goods.

How much can I use to start mini importation?

Indeed, the mini-importation business is one of the cheapest businesses you can start and in a few months, start smiling your way to the bank. With just N10,000, you can begin and make as much as 200% profit depending on your marketing and sales prowess.

How do I buy from Alibaba in Nigeria?

HOW TO BUY ON ALIBABA

1. Visit the website www.alibaba.com and search for the product(s) you want to purchase.
2. Compare prices: Different sellers offer the same product at different prices, compare the prices in order to get the best deal.

What documents are required to import from Alibaba?

Required Documents

• List of items imported.
• DGFT Approval and EIC Code.
• Official invoice from the supplier.
• Packing list / Arrival notice.
• Bill of Entry.
• Bill of lading / Airway Bill.
• Certificate of Origin.
• Letter of Credit.

Do you pay customs on Alibaba?

That means the seller has goods available in the country of import and pays all costs including import duties, taxes, and other charges related to delivery, cleared for import.

Can a regular person buy from Alibaba?

Yes, anyone can buy from Alibaba. Whether you’re an individual or a company that wants to import from China, you can order for products directly from manufacturers on Alibaba. The website essentially serves as an Internet directory where anyone can contact and buy directly from manufacturers.