Definition
Introduction, in the sense of transferring a product in Europe, refers to the importation or entry of goods into a European country from another country or region. It is the process of introducing foreign products into Europe, often involving customs formalities, taxes, and regulations specific to the importing country. Introducing products into Europe may require logistical coordination and regulatory compliance to ensure legal and seamless entry of goods into the European market.
Our trending searches definitions
Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.