Global trade management

International trade bases its organization on sales contracts and a harmonized system: Incoterms. These codes determine numerous criteria for actions and responsibilities between buyers and sellers...

In 2021, C&A Serbia was the victim of major customs fraud involving 300 imports. As recently as the following September, Toyota was ultimately sentenced by the Supreme Court of Thailand to a v...

MyTower will participate in the next Trade Compliance Congress 2022, organized by Customs Knowledge and EVOFENEDEX, which will be held on October 6 at the Postillion Hotel Utrecht Bunnik.
 
The Tra...

Luxury is an attractive industry owing to its large size, fast growth despite the economic crisis and alluring margins. According to Statista Forecast, the overall worldwide luxury market amounts ...

Since the 1st of January 2022, the VAT reverse charge for imports is mandatory and automatic.
Background to the new regulation
The VAT reverse charge for imports makes it possible to simultaneously...

Customs and trade compliance departments struggle to convince of the need to digitize their process. Organizations are overwhelmed and international regulations are increasingly complex. How to car...