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KPMG’s extensive Trade & Customs experience, which includes a network of over 400 professionals in 80 countries, can help companies identify cost-savings opportunities around the world and manage compliance risks associated with supply chains and global trade operations.

Our team offers a full range of Trade & Customs services, including advice on compliance with the World Trade Organization (“WTO”) rules, Free-Trade Agreements (“FTA”), and dispute resolution.

We work with clients to deliver value and efficiency for their business:

  • Establishing and maintaining efficient cross-border operations; keeping costs down to maintain strategic advantage
  • Ensuring compliance with local laws and regulations associated with cross-border trade
  • Customizing trade processes and controls to a business unit, company, or industry
  • Mitigating risks related to conducting cross-border businesses

Our services

Business establishment

  • Provide advice on import and export license requirements and registration assistance
  • Customs advisory and planning for companies’ business and transactions
  • Assist in identifying and applying for tax incentives, e.g. bonded warehouse, free zones, FTA, Board of Investment (BOI), duty drawback, duty refund for re-export
  • Provide advice on customs compliance and risk management

Import/export compliance

  • Provide advice and assistance on import/export formalities, including the review of customs formality processes to identify customs risks
  • Assist in the classification and the review of tariff codes and application of advance tariff rulings
  • Provide advice on customs valuation, including duty implications of royalty payments and cross-border transactions, especially between related parties
  • Assist in classifying Dual-Use Items and provide compliance guidelines for relevant rules and regulations
  • Identify import license requirements and assist with the license application and compliance of restricted goods requirements

BOI compliance

  • Review BOI compliance relating to imported raw materials and machinery under BOI privileges
  • Provide advice on inventory control process under BOI and other customs incentive schemes e.g. Free Zone, bonded warehouse
  • Conduct health checks to evaluate customs risk and exposure

FTA

  • Provide advice and assistance on FTA regulations and country of origin rules
  • Provide customs services in relation to FTA compliance, i.e. identify applicability of exported goods to FTA, advise on FTA requirements and processes, including assistance in obtaining FTA certificates
  • Provide advice regarding local content calculation

Intercompany payments

  • Provide advice on customs valuation and identify intercompany payments that may be related to the value of imported goods
  • Identify possible customs risks from transfer pricing adjustments
  • Provide advice on compliance and customs risk management

Customs health check

  • Conduct health checks to review customs compliance
  • Identify import and export transaction risks, including customs valuation, customs formality procedures, tariff classification, computation of import duties, and reconciliation of payments made or received for import or export products
  • Highlight exposures, recommend areas of improvement and prepare customized compliance guidelines

Dispute resolution

  • Assist in dealing with disputes between relevant parties which may occur
  • Advise on appropriate actions in dealing with the authorities on specific customs matters
  • Advise and assist in reviewing supporting evidence, documentations, and/or justification requirements

Key contacts

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