International Trade Pathway - Smart Duty Management Part 2 - Understanding Regimes 40 and 42

St Andrews Management Centre Ltd
14 St Catherine Street, Cupar Fife
KY15 4HH
United Kingdom
17th September 2024 | 09:00-13:00
Fife International
12 Places Remaining
Members: Free | Non Members: Free
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Companies engaged in international trade are subject to various customs regimes that determine the legal status of goods before their arrival in a specific territory, while establishing a regulatory framework for the movement of these goods. Among the customs regimes are the 40 regime, also known as the classic import regime for release for free circulation, and the 42 regime.

A fiscal representative is a locally appointed business or individual that is typically jointly liable for any VAT owed by the non-EU taxpayer.

In this workshop, we will examine these options and their implications for businesses engaged in trade within the European Union.

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