Benefits of Duty Drawbacks
Understanding what duty drawbacks are, their benefits, and how to claim them is key to maximizing your import/export savings.
Understanding what duty drawbacks are, their benefits, and how to claim them is key to maximizing your import/export savings.
While most companies make an effort to adhere to trade law, not all compliance programs are created equal. An average program may be designed to avoid legal penalties, but the best programs proactively work for their companies to save resources, revenue, and time.
Proper compliance is a pillar of international trade. Every country, province, and state has its own unique set of laws governing compliance, which must be adhered to.
Failure to comply with trade laws goes far beyond delays in getting paid or not receiving the required goods.
New waves of global sanctions against Russia during the Ukraine conflict have made business dealings for many companies a little tricky. The sweeping sanctions against nations, companies, as well as individuals, can mean that customers that your company has been doing business with for a long time are suddenly being sanctioned…
Our world has constantly evolving security concerns and complex geopolitics. Governments and companies rely on denied-party lists to legally navigate through global trade. Denied-party lists are indexes of entities that should not be accepted as a party in certain or all business transitions.
What impact does a new year and a new administration have on US sanctions?
What impact does a new year and a new administration have on US sanctions?
Understanding OFAC: A Best Practices Compliance Guide for All Businesses.
With modern globalization, it is integral for many companies to collaborate with international partners. This means compliance with global export regulations such as EAR.
Becoming ITAR-complaint does not have to be difficult and if you focus your efforts on the correct areas, you can create a streamlined business operation that will help you achieve compliance seamlessly
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