Brazilian companies that need licenses to import or export goods have an easier time carrying out their operations. The measure, called the Flex License, simplifies the routine, and reduces costs for companies that need consent (authorization) to trade with other countries.
Category Archives: Customs Regulations & Compliance
EU Carbon Tax & Customs Obligations
The EU Carbon Border Adjustment Mechanism (CBAM) nicknamed Carbon Tax, is a set of new regulatory obligations with a new tax on certain goods at import in the EU. In this article, we look at the intricacies of the EU Carbon Border Adjustment Mechanism (CBAM) before providing insights and tips to importers and exporters operatingContinue reading “EU Carbon Tax & Customs Obligations”
EU-UK Post-Brexit Official Documents
Brexit key EU-UK official documents are listed here for those who need easy access to the official sources. Brexit introduced customs requirements and compliance obligations to trade between the UK and the EU. These requirements are grounded in legislations listed hereafter. Quick Brexit Timeline Summaries of Legislation (EU) List of official EU-UK documents Document PublishedContinue reading “EU-UK Post-Brexit Official Documents”
What is the cost of non-compliance? EU Customs Penalties
IAre you importing into different EU countries? If you do your level of exposure to Customs risk varies greatly. In the EU, customs penalties do not form part of the Union legislation on customs. Although customs legislation is harmonised, penalties for non compliance are left to each Member State.
A Quick Guide to Incoterms
A Quick Guide to Incoterms explaining what the terms are, why, where and when to use them, who should use them and how!
UK Post-Brexit Customs Code
The new UK Customs Code Post-Brexit is entering into force just when we were all getting used to the UCC. The new post-Brexit code is different from the UCC in structure, in terminology and in content.