This description covers a huge range of sectors, from manufacturing to retail, with the cross border aspect common to all presenting complexity and the potential for hidden VAT and customs duty costs to arise.
Global Supply Chain
Common areas we advise on include:
- VAT efficient structuring for global supply chains to minimise overseas VAT registration obligations
- Customs duty reliefs – to ensure all relevant reliefs are being used throughout the chain to minimise the duty cost. This includes advice on reliefs appropriate in overseas locations
- VAT and duty cost reduction strategies
- Toll manufacturing and contract manufacturing – supply of goods versus services for VAT purposes
- Commissionaires and undisclosed agency
- Installed goods and work on goods contracts