Based on the study and interpretation of the regulatory framework, our professionals specialise in reviewing, analyzing, planning and managing our clients' customs activities. On issues such as tariff classifications, customs value, origin, taxation, appeals, ... we analyse international laws and agreements as well as European Community and national regulations. Commercial contracts and agreements also give us the key to many questions our clients may raise.
- Preparation and presentation of Binding Tariff Information.
- Tariff reports.
Correctly classifying goods is essential to the success of foreign trade operations. Tariff classification is the basis for knowing what the necessary requirements for importing and exporting goods are and for issuing documents. Also, the tax rates for tariff duties and other import duties payable will depend on this and therefore will have an impact on the costs of international trade operations.
- Valuation reports.
- Preparation of contracts.
- Binding studies.
- Analyses of secondary valuation methods.
What value should you declare for customs purposes on international transactions?
The customs value is the value used as a basis for calculating tariffs and other import taxes. There are several methods for determining the customs value, as well as a series of elements that directly influence its calculation: transport costs, commissions, royalties, licensing fees, ... This detailed study of the operations makes it possible to evaluate what elements form part of the value and must be declared in the customs documentation, as well as those that should be excluded.
ORIGIN OF THE GOODS
- Preparation and presentation of Binding Origin Information.
- Reports of origin.
Defining the country of origin statute of the goods involves knowing the rules of origin, preferential agreements, the integrated system and customs value. Determining the origins and liability of the operators is the key to ensuring the success of international trade operations.
In order to guarantee the tariff advantages granted within the European Union, importers must provide valid certificates of origin. In turn, those shipping the certificates of origin (the exporters) must be prepared to provide customs authorities with proof their goods comply with the rules of origin.
TAXATION ON INTERNATIONAL OPERATIONS
- Tax studies.
- VAT exemptions and refunds.
Taxation is perhaps one of the issues that companies are most concerned about, both because of its impact on the direct costs of operations, as well as due to the adjustments that could occur during future customs inspections.
Tariff deferments and contingents, compensatory fees, additional fees, VAT exemptions on importation... Each operation involves considering which obligations must be paid and in which cases the law has granted tax exemptions or deferments, whether definitive or temporary.
At times, discrepancies with the administrations involved in customs operations occur with regards to criteria, errors, omissions and other incidences that cause conflicts for international trade operators. Our legal department is responsible for preparing, presenting and defending administrative appeals that are processed at our clients' request.
ASSISTANCE WITH CUSTOMS INSPECTIONS
The customs operations that are undertaken are provisional and can be reviewed in subsequent years. Assistance with inspections requires knowledge of the operations and customs and tax laws, as well as the provision of justifying documents when requested. The companies that so require can count on the support of our experts at any time during the inspection.