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Audit, Consulting, Advisory, and Tax Services - Global Trade ......09 Global Trade Advisory...

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Global Trade Advisory Outsourcing May 2018
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Page 1: Audit, Consulting, Advisory, and Tax Services - Global Trade ......09 Global Trade Advisory OutsorciOur services Tariff classification Deloitte’s tariff classification services will

Global Trade Advisory OutsourcingMay 2018

Page 2: Audit, Consulting, Advisory, and Tax Services - Global Trade ......09 Global Trade Advisory OutsorciOur services Tariff classification Deloitte’s tariff classification services will

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Global Trade Advisory | Outsourcing

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Global Trade Advisory | Outsourcing

IntroductionToday’s complex global supply chain structures are a real challenge for organizations’ trade operations. Activities like tariff classification and Free Trade Agreements (FTA) management are crucial not only from a trade compliance standpoint, but also for duty optimization. These activities require a global scale approach with local seasoning; for many organizations this combination may be difficult to achieve.

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Global Trade Advisory | Outsourcing

Deloitte’s GTA approach

Our global footprint with three Centers of Excellence (Americas, EMEA and ASPAC) provide a comprehensive approach for outsourcing the tariff classification and FTA activities for the organizations, whatever its size and scale.

With dedicated GTA teams across the globe, Deloitte merges the potential of the strongest professional services firm with the local knowledge, much needed to deliver a round the clock and world-class services, with a surprisingly balanced cost-benefit ratio.

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Global Trade Advisory | OutsourcingGlobal Trade Advisory | Outsourcing

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Deloitte's key differentiators

Round the clock service

GTA’s team global footprint integrated in 3 CoE across the globe

Up-to-date and ready to use content

Deloitte’s unique technological platform to efficiently interact with our clients: myInsight

Local expertise with dedicated teams in the most important markets

The support of the biggest and strongest professional services firm in the world

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Global Trade Advisory | Outsourcing

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Why outsource your tariff classification and FTA management activities?Outsourcing is the key to fully leveraging the power of on-hand global trade experts to manage the sometimes tedious and complex elements of global trade management. Some reasons to outsource are:

• Lower your labor costs

• Eliminate specific staff training and turnover

• Optimize repetitive activities that require a considerable amount of time from internal resources

• Gain access to state-of-the-art expertise in the market applied to your operations

• Ensure consistency to tariff classification and origin eligibility decisions across jurisdictions

• Reduced IT infrastructure overhead: leverage from the use of technology in these activities

• Focus on corporate core competency

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Global Trade Advisory | OutsourcingGlobal Trade Advisory | Outsourcing

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Global Trade Advisory | Outsourcing

Our services

Tariff classification Deloitte’s tariff classification services will provide organizations with entry level or specific tariff classifications for almost every country, across all industries. For both, new classifications/large scale projects or ad-hoc services, we provide with a strong technology-based service that will meet reasonable care requirements and adherence to consistency. Our teams use a single logic, rulings and available content to deliver a seamless consistent result.

Our classification process includes:

Besides regular tariff classification services, our local teams are ready to serve organizations with local services such as:

• Request from our client, containing all agreed-upon technical information needed for the classification.

• Data gathering regarding potential classifications based on previous experiences

• Locate section and review explanatory notes applicable for such section

• Select applicable chapter; review headings and applicable explanatory notes

• Review general rules of interpretation and decide heading

• Review legal and explanatory notes to confirm heading

• Review subheading legal and explanatory notes and determine entry level classification

• If needed, determine specific country classification

• Document the rationale used to reach the tariff classification

• Request specific tariff classification rulings

• Support in case of challenges from customs authorities regarding previous tariff classifications

• Support in case of protests or prior disclosures

• Support for refunds of overpaid duties for wrongful tariff classifications

• Other country-specific tariff classification services

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FTA management

What do we offer?

Data gathering and management

Systematic origin determination and calculation

Document retention (through third party data-bases)

Compliance monitoring

A round the clock seamless service through our network of CoE across the globe

Our services are focused on helping organizations in identifying eligible goods under FTA specific rules of origin while ensuring compliance by reducing risks and eliminating manual processes with the use of cutting-edge technology applied to global trade management.

FTA content management

Data solicitation

FTA qualification

Certificates of origin issuance

Verification

An end-to-end service that includes:

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Outsourcing yields quantifiable savings and helps speed international supply chain operations by streamlining processes, making them more efficient and effective. Organizations that understand the power of global trade can create a strategic advantage and better serve their customers by outsourcing complex trade operations. For organizations looking to uncover cost savings while driving operational improvement, outsourcing global trade processes is the solution.

Conclusion

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Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities. DTTL (also referred to as “Deloitte Global”) and each of its member firms are legally separate and independent entities. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more.

Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services. Our network of member firms in more than 150 countries and territories serves four out of five Fortune Global 500® companies. Learn how Deloitte’s approximately 264,000 people make an impact that matters at www.deloitte.com.

This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms or their related entities (collectively, the “Deloitte network”) is, by means of this communication, rendering professional advice or services. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional adviser. No entity in the Deloitte network shall be responsible for any loss whatsoever sustained by any person who relies on this communication.

© 2018. For information, contact Deloitte Touche Tohmatsu Limited.


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