trade compliance
Effective Trade Compliance will allow you to:
Non-Compliance may:
Compliance Control Program
Compliance Control Program is an efficient system dedicated to maximising company compliance with Customs and international trade regulations. The goals of the Compliance Control Program are to apply the 10 Directives of compliance,
the standards, as defined by the company to manage compliance regulations. The program provides the guidelines and direction for employees responsible for compliance control program to achieve the compliance standards required.
The end result will provide a comprehensive compliance management tool for companies to enable them to efficiently and effectively manage trade compliance and to achieve standards required by any Customs/Trade Compliance audit
Goals CCP
CCP Features
- Use Simplified Customs Procedures
- Claim preferential treatment for your goods
- Benefit from available duty exemptions
- Minimise duty exposure through utilisation of Customs Procedures with Economic Impact
- Identify and utilise available VAT reliefs
- Resolve trade queries simpler and faster
- Improve your cash-flow
- Reduce your international trade and shipping costs
- Minimise supply chain disruption
- Reduce likelihood of Customs interventions/audits
Non-Compliance may:
- Expose your business to unexpected supply chain disruptions
- Increase likelihood of Customs/Tax audit
- Increase likelihood of Customs physical exams and subsequent delay of international movement of good
- Incur Revenue penalties or criminal prosecution
- Pose a threat to your international trade privileges
- Increase administrative oversight
Compliance Control Program
Compliance Control Program is an efficient system dedicated to maximising company compliance with Customs and international trade regulations. The goals of the Compliance Control Program are to apply the 10 Directives of compliance,
the standards, as defined by the company to manage compliance regulations. The program provides the guidelines and direction for employees responsible for compliance control program to achieve the compliance standards required.
The end result will provide a comprehensive compliance management tool for companies to enable them to efficiently and effectively manage trade compliance and to achieve standards required by any Customs/Trade Compliance audit
Goals CCP
- Ensure that a company remains compliant with the required import and export regulations in the most efficient and cost effective manner possible
- Provide operating standards and direction for the company’s compliance programme.
- Simplify compliance operations wherever possible
- Realise cost reductions and efficiency improvements via processes simplification and ongoing measurement
- Ensure that a comprehensive review and audit schedule is in place to verify that local, national and international requirements are fully integrated into the programme
CCP Features
- Applies NewVent’s 10 Directives of Compliance
- Examines all compliance related activities of the business
- Evaluates process efficiencies
- Removes complexities and confusion
- Can be implemented worldwide and sized to meet individual company needs
- Delivers a superior trade compliance audit result
