Hi, am looking for some advice please from folks who have already set up a business here importing products from offshore to be sold here.
I am looking to import a 'vitamin' type product to be sold at drug stores but not containing any actual drugs. Its not exactly that, but close enough for now. Sorry, need to be a bit vague about the product, but lets just assume that I have done my market research and found that there is a market for the product here. So really what I want to focus on are what the barriers to entry are going to be to import and distribute/ sell this product in Argentina.
I am just exploring at this point if it would even be a possibility. What are the major challenges? I have heard of very high import taxes. Will the government even allow this if I don't have a DNI and am not a local or resident here? Will I get hit with really high import taxes? Will my product be stuck for ages in customs? Will I have any chance of doing this with only my basic spanish or do I need a local business partner / lawyer here to even get started? Have others found that it is just better to remake the product locally rather than importing?
Any advice from people's past experiences would be much appreciated.
I am looking to import a 'vitamin' type product to be sold at drug stores but not containing any actual drugs. Its not exactly that, but close enough for now. Sorry, need to be a bit vague about the product, but lets just assume that I have done my market research and found that there is a market for the product here. So really what I want to focus on are what the barriers to entry are going to be to import and distribute/ sell this product in Argentina.
I am just exploring at this point if it would even be a possibility. What are the major challenges? I have heard of very high import taxes. Will the government even allow this if I don't have a DNI and am not a local or resident here? Will I get hit with really high import taxes? Will my product be stuck for ages in customs? Will I have any chance of doing this with only my basic spanish or do I need a local business partner / lawyer here to even get started? Have others found that it is just better to remake the product locally rather than importing?
Any advice from people's past experiences would be much appreciated.