
Customs duties and international trade costs directly affect a company’s profitability. Non-compliance with customs regulations and reporting may result in significant penalties and costs for the business. In this respect, effective management of global trade decisions and obligations are an important factor in a company’s global supply chain.
Our customs professionals help to design strategies and structure global trade transactions that reduce customs duty payments and other international trade costs and that help ensure that legal and regulatory requirements are met. Our services include:
- Preparing documents for, and obtaining customs classification decisions from, the Federal Customs Service, so that zero or reduced customs duties are applied upon importing goods.
- Analysing the application of various customs procedures so that customs duties and other costs are optimised.
- Advising on customs valuation issues which may arise, in particular, for newly imported products as well those companies in the course of changing a business model or supply chain.
- Analysing operations from a customs perspective within the Customs Union and in view of the unified legislation of the Customs Union.