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Customs Planning in the new Financial Year
Effective management and planning of EC  Customs Law enables businesses to not only maximise potential benefits but also to mitigate their risks. What better opportunity for businesses to be proactive than the end of the current and beginning of the next Financial Year?
Have you mitigated your risks?
Every level of your international sourcing operations opens up its own specific customs-risks. You may well have looked at these risks at some time but any business changes such as sourcing a new product, sourcing from a new supplier, switching country of supply, changing to your contractual terms can have a significant impact on your compliance risks.
With the raising of the bar of customs compliance associated with the Modernised Customs Code (MCC), Senior Accounting Officer (SAO) or the introduction of Authorised Economic Operator (AEO) certification, the penalties for non-compliance could result in your business being regarded as a weak link in the international supply chain and could see your competitors step in to fill the void.
Effective Customs Planning enables you to identify and mitigate your risks whilst maintaining and increasing your competitiveness on the international plane.
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