Introduction to Trade Compliance Trade compliance is an umbrella term that encompasses the conditions for all manner of trade between multiple countries. However, These conditions include training, classification, lending, determination of trade risk and all relevant taxes and duties. Trade compliance is made further complex...
The Harmonized Tariff Schedule (HTS) was developed by the Congress on January 1, 1989 for the purpose of replacing previous tariffs. However, The World Customs Organization (‘WCO’) was responsible for its subsequent implementation. The WCO uses the Harmonized Commodity Description and Coding System (HS) to assign codes to...
In an increasingly global business environment of Exporter of Record, your organization can be subject to several different rules and regulations across international borders. Therefore, ensuring the seamless transfer of goods from one country to another while staying compliant with local laws can be a difficult task....