We’re holding a series of international trade workshops for Sandwell businesses. Join us for the third one in the series on Thursday 23 November at our Sandwell Start-Up Hub.
We (the Sandwell Business Growth Team) are holding a series of international trade workshops covering:
- How to improve your import, export and customs procedures
- Ambition to export: mapping and accessing new markets
- Cutting costs and improving productivity through customs
- Reviewing Brexit: customs compliance and audit for UK importers.
The third workshop in the series takes place on Thursday 23 November at Jack Judge House in Oldbury. It’s called ‘Cutting costs and improving productivity through customs’.
We (the Sandwell Business Growth team) are hosting the international trade workshop and experts from Falsum Consulting Ltd will deliver the session. It’s a whole-day event from 9.30am to 4.30pm.
It will provide an understanding of international regulatory laws (handling tariff classifications, valuation issues, country of origin, customs audits, duty minimization programs, AEO status and so on).
The workshop will look at how to develop, implement and manage various branches through the EU and worldwide and how to establish performance metrics (KPIs), administer internal audits and maintain compliant record keeping.
The session will provide information and guidance fully updated after the implementation of UCC and the EU referendum vote, such as:
- International trade compliance techniques – MSS, EORI, VIES, MRN, ECS, ICS, EAD, CFSP, NES, AEO, TFA, UCC
- Brexit – review current international trade activities and the impact on your business of the UK no longer being in the EU
- Rules and regulators – where can I find the rules/ who are the regulators I need to work with?
- Tariff classification – the importance of tariff classification of goods (commodity code numbers)
- Valuation of goods rules – what is included in the value for duty and VAT payments and what can be excluded?
- Duty reliefs – how to save money on imports by using legal and HMRC approved regimes
- Origin and preference – what are the rules and when are these declared?
- Audits – customs, DIT-ECJU and internal perspectives – what is expected? How should you react? Setting up internal audit programmes, logging results and setting up improvement plans
- Authorised Economic Operator – what is it? Are there benefits/ negatives? Should we become an AEO? Will AEO be relevant when the UK has left the EU?
- Intercompany transactions – do we have sister/ parent companies in the UK, EU or worldwide? Should these differ from normal import/ export activities? How to work between internal departments (HR/ finance/ purchasing/ sales/ production/ logistics)
- Record keeping – what information and documentation you should keep, performance metrics, documented procedures, computer system support
- Working with HM Revenue & Customs, suppliers, customers, freight agents – documented processes/ service level agreements
- Compliance culture – how to set up an internal/ external compliance culture
- Export controls – how are you affected by export controls compliance?
This workshop will be ideal for compliance managers, finance leaders, business heads and logistics management.