US Re-export Control is Tightening.① EAR Compliance ② ECCN Classification ③ Customer Screening⇒ Then, you can determine requirement of export license or license exceptionViolation may result fines, imprisonment, and/or trading restriction of US goods. Organize reliable exporting system → Security Trade ControlClassification of export items, Customer screening, Staff training Contact ⇒
- 2022.06.15
- customs, customs tariff schedule, Global Trade and Customs, International rules, international tax, Letter of Credit, Risk taking, tariff code, Tax planning, trade & commerce, vat
The Foreign Exchange and Foreign Trade Act controls exports of arms and military-usable goods and technology to prevent them from passing to states, terrorists, or other parties that may threaten the security of Japan or the international community (security trade control). Violations of these export laws and regulations are very severely penalized as unauthorized exports. It is very severe, and in some cases, you may even be sent to prosecution. We will help you establish a right legal system for determining the applicability of your products, screening demanders, and requiring export licenses.This system will prevent you from being subject to post-export inspections by the customs authorities or pointed out by the Ministry of Economy, Trade, and Industry (METI).Our certified security trade control expert with technical backgrounds and experts in The Foreign Exchange and Foreign Trade Act and the Customs Act provide comprehensive backup. Click here to contact us ⇒.
We interviewed Mr. Shibata, Head partner about the firm and himself. Specialized in international taxation, trade & customs and international business TradeTax International Tax & Accounting Office, with offices in Tokyo and Osaka, have specialized in Trade (trade & customs, Japan/Asia Investment and business). With the Asian economy in the spotlight, we provide tax and business support to foreign companies using Japan, Singapore, Hong Kong China as their Asian hubs. In addition to regular accounting and tax services, we also provide support for companies considering listing on the stock exchanges of Tokyo, Nagoya, Sapporo, and Fukuoka in Japan. TradeTax is a member of the Bansei Securities Group, and our new job is to connect finance and real demand such as international transactions. Reorganization through base transfers within Asia, successful exits, and security trade control compliance linked to Europe and the U.S. are also emerging in new business areas. Extensive business experience and network For business owners who are considering investing in Japan/Asia business Japan/Asia is difficult to understand, with a different language and culture from the West. Expatriates of foreign companies in Japan tell us that they have no idea about taxes and laws, and they do not know where […]
HS code advantageous change based on customs law theory.Operating profit increase by the change of customs duty / import VAT /consumption tax. ⇒ We will support a workable plan Please contact us. ⇒ Click
- 2020.07.20
- catch-all regulation, customs, epa, free trade, fta, global trade, IBFD, returned goods, rules of origin, tariff, tariff code, tpp11, vat
Shibata wrote in the book “GLOBAL TRADE AND CUSTOMS” (published by IBFD).You’ll find information about trade and customs around the world. The contents of is as follows.Chapter 7 Japan Introduction7.1. Classification of goods 7.1.1. Introduction7.2. Rules of origin 7.2.1. Relevance of rules of origin 7.2.2. Free trade agreements 7.2.3. Wholly obtained goods 7.2.4. Last substantial transformation 7.2.4.1. Value-added method 7.2.4.2. Change in tariff classification 7.2.4.3. Manufacturing or processing operation 7.2.4.4. Insufficient working or processing/Non-qualifying operations/Minimal operations 7.2.4.5. Cumulation 7.2.5. Practical aspects and challenges 7.2.6. Proofs of origin 7.2.6.1. Country of origin certification under the Japan-EU FTA 7.2.6.2. Country of origin certification under TPP117.3. Customs value 7.3.1. Transaction value 7.3.1.1. Amounts included in the transaction value 7.3.1.2. Elements to be included and excluded 7.3.2. Alternative valuation methods 7.3.2.1. Identical or similar merchandise 7.3.2.2. Deductive method 7.3.2.3. Computed method 7.3.2.4. Fall-back method 7.3.3. Most typical challenges 7.3.3.1. Related-party pricing 7.3.3.2. Price adjustments 7.3.3.3. Exchange rate 7.3.3.4. Returns and repairs 7.3.3.5. Advance ruling on customs value7.4. Goods […]
