Our professionals address intricate cross-border issues, drawing on local knowledge and experience.
Our professionals address intricate cross-border issues,drawing on local knowledge & exp..
The flow of goods across borders continues to increase as companies expand their network of suppliers and buy and sell goods around the world.To avoid costly delays, hassles, or worse at the border, keeping up on the latest rules and procedures is critical.
If your business trades with other countries, KPMG can help you navigate increasingly complex trade regulations on both sides of the border while controlling costs and managing risks.
In many countries, the trade compliance burden has shifted from customs authorities to importers and exporters. Export regulations are often inadvertently revoked. The change from border inspections to in-depth verifications also means importers and exporters must establish adequate internal controls and well-documented compliance procedures.
Compounding these issues are security measures put in place to ensure the safe transfer of goods. Fortunately, companies that are aware of and have endorsed new security initiatives not only help protect their products, but also expedite their movement to clients, resulting in fewer delays and better customer service.
Meeting these challenges
Questions to ask:
Do you import or export high- or low-risk goods? Are you complying with the new customs and border security regulations? Prepared for a customs audit? You can address these key issues and challenges through our services: