Customs Law and Foreign Economic Activity · Customs Law and Foreign Economic Operations
Customs regulation consultation helps businesses assess import and export risks, prepare customs documentation and respond to disputed decisions, inspections or penalties. Customs issues often affect not only clearance but also tax cost, delivery time and the ability to move goods across the border under the intended commercial terms.
Typical Customs Law Tasks
assessment of the legality of customs decisions and actions;
identification of risks in import and export transactions;
challenge of customs payment demands and penalties;
support in administrative or criminal cases involving customs rules;
claims for losses connected with customs actions;
representation during scheduled or unscheduled customs inspections;
accreditation of Foreign Economic Activity (FEA) participants and obtaining relevant permits;
customs declaration of goods;
drafting foreign-trade contracts and invoices;
general risk review for cross-border cargo movement;
assessment of settlement through negotiation, mediation or court proceedings.
Common Causes of Customs Disputes
Customs Value Adjustments
Disagreement over the value accepted by customs can increase the amount of duties and taxes payable on the shipment.
Commodity Classification
Differences in classification or coding can affect the rate of duty, restrictions and the ability to release the goods.
Tax and Special Trade Regimes
Disputes may concern the application of special regimes, customs value and the related customs and tax liabilities.
Decisions Following Customs Audits
Tax notices or other assessments based on customs inspections may require administrative or judicial challenge.
Customs Receipts, Procedures and Reliefs
Questions can also concern standard customs receipts, the legality of a particular customs procedure or the availability of a customs or tax relief.
Many customs disputes begin with discrepancies in accompanying documents, including the product description, code, quantity or transaction data. Depending on the alleged conduct, customs may impose an administrative fine and may seek confiscation of goods or a vehicle in cases described by the applicable rules.
Customs compliance review is most effective before the goods reach the border, when contracts, invoices, classification and supporting evidence can still be aligned. Where a dispute has already arisen, the same documents form the basis for administrative appeal, negotiation or court protection.
Why is it better with us?
The principal activities of the UBC group of companies are consulting, financial and investment services, search and selection of investors for business and attraction of loans, purchase and sale of established businesses in Ukraine, Europe and other countries, IT services, and development of commercial real estate in Ukraine and abroad. For the development of your business: registration of enterprises in Ukraine, ready-made companies in the EU, registration of companies in England and other countries, corporate law, offshore jurisdictions and offshore companies, business consulting, audit, certification, registration of LLCs, registration of financial companies, asset management companies, mutual investment funds, registration of joint-stock companies, issue of securities and bonds, and support for foreign investment.
The continuously expanding range of regional and foreign partners directly helps resolve our clients’ issues when conducting business both in Ukraine and abroad.
We are always focused on the result you need and will do everything to achieve it within the required timeframe, taking your wishes and requirements into detailed account! Why is it better to start business in Ukraine with UBC? The answer is simple - we have much more practical experience, resources and opportunities.
Price: Customs Regulation Consultation for Import and Export Operations