The world continues to evolve and relations between organizations become increasingly global. This scenario favors increasing transactions between plants of the same company located in different countries.
It is a promising scenario, but one that brings multiple challenges. On average, 30% of tariff opportunities are wasted by companies due to compliance issues. The greatest difficulty is related to tariff management of goods.
Standardizing tax classifications and descriptions on a global scale is not only beneficial, but also essential. In addition to maximizing the framework of bilateral agreements, justifying tariff exceptions, and obtaining certificates of origin, it is essential to maintain the benefits of being an Authorized Economic Operator.