What internal documents should an EU company prepare before starting kratom imports?
Before initiating a kratom import project, EU companies must prepare several critical internal documents. These include compliance certificates that verify adherence to health and safety regulations in both Indonesia and the EU. Quality assurance reports are essential, documenting the testing and verification of kratom for purity and potency. Additionally, supplier contracts should outline terms, pricing, and responsibilities, ensuring clarity in business relationships.
Documenting these elements helps mitigate risks and ensures that the kratom sourced is both safe and compliant with local laws. For example, a compliance certificate can cost around $500 to $1,000 (7,500,000 IDR to 15,000,000 IDR) depending on the required testing. Quality assurance processes may add additional costs, often between $300 and $700 (4,500,000 IDR to 10,500,000 IDR).