Global trade services
Global trade services obligations and opportunities
Global customs reforms are well underway towards paperless administration. The authorities need the operational efficiency gains to be able to handle increased global trade volume. At the same time they will improve risk control procedures and implement stricter trade rules and tightened up regulations for better management of terror threats.
Companies in the EU are faced with the obligation to file their electronically customs declarations for all exported goods by July 1st 2009 at the latest. Furthermore, this ongoing modernization process will also include the mandatory set up of electronic declarations prior to import and export. Ultimately there will be possibility to centralize all Customs and International Trade processes at the company head office (“One-Stop-Shop”, “Single Window”), currently scheduled for 2014.
Realising the Business Case for Global trade services
With the increased global trade between companies, the legal compliance requirements will even further increase in number and have become progressively more complex, more costly and more risky. The benefits also are proven. It does save time and money now and even more in the future when best practices are adopted in optimised and compliant trade processes. With the help of Deloitte many organisations did already implement revised and automated procedures to comply with new e-customs legal regulations and with it prepare for Authorised Economic Operator certification.
Deloitte demonstrated it has the experience and know how to assist its clients, based on a jointly developed business case, to transform organizations, processes and technology to fully realise the benefits of an Integrated Global Trade Management Solution.
With its competencies fully integrated, Deloitte has a unique offering which combines its legal, functional and technical expertise to assist any size of advisory or transformation project.
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