Trade compliance has become a buzzword in modern global business, and ensuring your business adheres to all relevant international trade compliance statutes is essential to maintaining accountability, visibility and public trust of your company. However, the information around the cost of trad… Read entire entry »
Global Trade compliance is complicated when taking into account your company’s extensive supply chain. Your company needs to ensure the payment of duties, taxes and tariffs on imports in multiple countries, and you also must consider the implications of exporting rules and regulations to thes… Read entire entry »
The U.S. Commerce Department, Bureau of Industry and Security (BIS) published a rule on January 19, 2017, amending the supporting documentation requirements for items being exported or re-exported to Hong Kong, and re-exports from Hong Kong. Following the new rule will help companies stay within… Read entire entry »
New and aspiring business owners often associate payment of taxes as the sole requirements of global trade compliance. However, trade compliance entails much more than paying taxes, as it also entails maintaining documentation of products, adhering to trade embargoes or agreements and upholding t… Read entire entry »
Flash Global and its customers must follow applicable safety regulations and take appropriate precautions when preparing batteries for transportation. Lithium ion and lithium metal battery shipments are subject to both U.S. and International safety regulations which are dynamic and constantly… Read entire entry »
Think of an answer to this question, “What is trade compliance?”
You may be thinking of not mailing or shipping chemicals, arms or other inappropriate items. Answering “what is trade compliance” should include much more than a quick review of what can and cannot be shipped. Few topics carry mor… Read entire entry »
ISO 37001, a new anti-bribery standard expected to be published September 2016, is designed to be more detailed and in line with international trade compliance than anything ever published with regard to anti-bribery.
At the heart of ISO 37001 is the conducting of background checks of a… Read entire entry »
The vote has taken place regarding Brexit and trade compliance departments around the world are swinging into action. The United Kingdom’s impending departure from the European Union undoubtedly will have a tremendous impact on how global companies operate in and through that region.
Things… Read entire entry »