Customs Brokers


Exporting Goods to the EU after Brexit: What You Need to Know

Exporting Goods to the EU after Brexit: What You Need to Know

29th September 2020 Following a 12-month transition period, the UK will formally exit the EU on 31 December 2020. If you export or import goods to or from Europe, you are most likely wondering what this means for your business. Here, Gareth Bridgland from Perrys Chartered Accountants, has outlined the main points to help you prepare your company well ahead of the deadline and make any required adjustments as...

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BDO and Fexco launch customs clearance service

BDO and Fexco launch customs clearance service

From January 1 next year, all exports from Ireland to the UK and imports from the UK to Ireland will legally require customs clearance documentation 23rd September 2020 Financial services firm Fexco has partnered with BDO to launch a new customs clearance service to assist Irish businesses to manage the substantial increase in customs clearance post Brexit. Declaron is designed to ensure customer compliance with new customs rules, avoiding...

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Dealing with customs declarations key to avoid being overwhelmed by Brexit

Dealing with customs declarations key to avoid being overwhelmed by Brexit

September 20 2020 – Regardless of the outcome of the Brexit negotiations, our trading relationship with the UK will change fundamentally and irrevocably on January 1. While the Brexit process may have been plagued with uncertainty up until now, the only absolute certainty in relation to the trading relationship is that moving goods to, from, or through the UK (excluding Northern Ireland) will require a customs declaration from January...

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Descartes: UK Business ill-prepared for post-Brexit Customs Complexity

Descartes: UK Business ill-prepared for post-Brexit Customs Complexity

17th Sep 2020 – UK Business ill-prepared for post-Brexit Customs Complexity 2020 was meant to be the year of ‘Brexit Preparation’. When the UK left the EU on January 1st 2020, firms involved in trade with the EU were set to spend 12 months on robust planning, maximising the 12 month Brexit transition period to understand the new trade and customs requirements. The transition period provided time to put in place...

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Dubai Customs’ transactions grow 38% to AED7 million in H1, 2020

Dubai Customs’ transactions grow 38% to AED7 million in H1, 2020

Dubai, 16th September 2020 – Dubai’s economy continued its exceptional performance despite headwinds from a slowdown in the global economic growth due to the coronavirus, COVID-19, pandemic. The number of customs transactions completed by Dubai Customs skyrocketed 38.5 percent in the first six months of 2020 to reach 7.2 million compared to 5.2 million transactions in the corresponding period in 2019. This reflects the vital role Dubai plays as...

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Dubai Customs transactions jump 36%

Dubai Customs transactions jump 36%

Customs transactions processed by Dubai Customs jumped 36% in the first five months of 2020 to reach 5.9 million compared to 4.4 million transactions in the corresponding period of 2019.  Dubai Customs completed 5.88 million transactions (99.2%) through smart and online channels, with only 0.8% done through the service counters, a release said. Customs declarations rose 42% in the first five months of this year to reach 5 million declarations...

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What is Customs Clearance? 10 Frequently Asked Questions

What is Customs Clearance? 10 Frequently Asked Questions

6th August 2020 – If you are a business involved in importing and exporting goods, you’ve probably been very familiar with the term Customs Clearance, as customs plays an important role in cross-border trade. For those who are just beginning to dip their toe into import-export business, it is a new concept and presents real challenges for small businesses due to its complexities. So, what is customs clearance? In...

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A.P. Moller – Maersk to acquire European specialist KGH Customs Services 06 July 2020

Copenhagen, 6 July 2020 – A.P. Moller – Maersk announces that it has reached an agreement with Bridgepoint Development Capital to acquire KGH Customs Services (KGH), a Sweden-based specialist in trade and customs management services in Europe. This will further enhance Maersk’s capabilities as an integrated container logistics company, offering end-to-end supply chain solutions to its customers. With its specialised expertise across freight modes (air, ocean, land) and deep knowledge...

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Tax Matters: Digital service tax updates create even more uncertainties

The Royal Malaysian Customs Department (RMCD) recently released a series of updates on the digital service tax framework, which officially went into force on Jan 1. Released in April, the rules — which apply retroactively now — exempt local banks and financial institutions (FIs) from having to levy the 6% tax when charging fees on transactions that pass through their networks.  Deloitte Malaysia partner for indirect tax Senthuran Elalingam...

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Cargo operations at Chinese airports hit break-point; freight rates slump

Airfreight demand out of China was lower than expected this week but it started to drop soon after the Golden Week holidays. It was a terrifying time for forwarders before the China holidays and soon after. Empty freighters, canceled charter contracts, missed flights and stricter PPE quality inspections also saw a reduction in demand for shipping PPE. Demand for air freight was lower than expected due to shippers holding...

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