International trade and customs
Why is supply chain management important in international trade?
Optimising your business models and transactional flows in multiple jurisdictions to achieve financial, tax, trade and operational alignment will allow you to ensure compliances and agility in dealing with the fast-changing international trade and tax landscape, and create a solid foundation for sustainable growth.
Designing a tax-efficient and risk-averse supply chain includes considerations relating to the selection of production sites, trading hubs, and service entities; the product flows and transactional flows; profit alignment across group entities and treasury arrangements; and the regulatory requirements for meeting import–export compliance as well as tax compliance.
Transforming your business to achieve tax, tariff and operational alignment
In handling international trade, corporations should understand import–export requirements, which include, but are not limited to, tariffs, anti-dumping, anti-subsidy, import/export controls and other compliance requirements. In deciding on a supply chain model, the dynamics involve the availability of raw materials and labour; logistics arrangements and costs; the selection of suppliers and countries of production; the transactional flows for intra-group product sales, services and other support; and the changing needs of customers. The supply chain model can have economic impacts from the perspective of tariffs, domestic and international taxes, as well as the perspective of treasury and operational costs.
It is important to periodically review the supply chain model, identify room to enhance tax and operational efficiencies, and align with the latest business goals of the corporations.
How we can help
We are a leading provider of international trade and customs services, with dedicated specialists located in Hong Kong and overseas. Our expertise covers Customs, Transfer Pricing, Corporate Income Tax and Indirect Taxes which allows us to work seamlessly to provide our clients a total and optimal solution.
We leverage existing capabilities to support our clients where they are undertaking business changes. We offer the following services:
- First sale rule – planning and application for importation into the United States
- Country of origin - advisory and implementation
- Anti-dumping, anti-subsidy and import/export control – advisory, compliance and defence assistance
- Business model planning and restructuring – business modelling and budgeting; transfer pricing, customs, domestic and international tax planning and implementation
- Investment structure – location study; shareholding and financing structures; entity formation; local government subsidies; and tax incentive applications, etc.
- Advance ruling application – from the customs, international tax and transfer pricing perspectives
- Contract review – advice from the customs, tax and treasury perspectives
- Use of FTAs and free trade zones
- Customs compliance review including HS code classification, customs valuation, country of origin
- AEO planning, review and application
- Customs management digitalisation - advisory and implementation support
- Customs dispute resolution
If your business has, or anticipates having, any of the following characteristics, then our professional support to you will be of particular benefit:
Recent inbound or outbound acquisitions or mergers;
New lines of business or geographic expansion of production or operating base;
Significant cross-border investments in greenfield or existing production facilities, and other investments in product research and development or intellectual property;
Multiple cross-border inter-company transactions with inconsistent effective tax rates and positions;
A decentralised operating model with business pressures to do more on a regional or global basis, in areas such as procurement, supply chain, customer pricing and contracts.
Contact us
