Tax & Customs

Our practice is dedicated to helping clients navigate complex, ever-changing, and often conflicting import, export, and tax & trade regulations. We focus on assisting companies to reduce international trade costs, mitigate import/export risks, and improve supply chain efficiency. Our team can help you to achieve these objectives by:

• Assisting in the implementation of procedures that will ensure customs compliance, thus minimizing exposure to penalties and potentially costly audits
• Improving cash flow through the adoption of appropriate customs
• Identifying and obtaining absolute savings in duty through adoption of tried and tested planning techniques
• Identifying and obtaining customs and trade facilities

We advise on duty requirements, taxes payable at importation, and other regulatory and commercial concerns that can create costly delays as you import and export goods. The services include:

• Customs valuation
• Product classification (HS Code)
• Representation in customs disputes (audit, objection, appeal, and civil review)
• Import/export structuring (optimization of business model)
• Customs diagnostics review (internal audit)
• Customs due diligence
• Strategic use of Free Trade Agreements (FTA)
• Import/export licensing
• Import and export prohibitions/restrictions
• Import duty refund
• Import duty and excise consultation
• Assistance in obtaining customs duty facilities from the Customs Authority, pre-entry classification, and other related customs and trade matters

In addition to our expertise on customs law matters, we possess substantial experience in litigating customs appeals before the Tax Court. Our lawyers are also verse in dealing indirect tax issues, such as those related to VAT and import taxes. Our team offers skilled guidance on structuring supply chains and arrangements related to tax advisory and structures, production, import, distribution, and transportation of goods and services, both domestically and internationally. Our tax advisory team helps clients manage taxes and mitigate risks associated with supply chain restructuring and M&A.

Our holistic and comprehensive approach sets us apart and ensures that AYMP is able to provide tailored and effective support and advice. We believe that customs and tax must play a prominent role in any supply chain review or structuring.