Tax & Accounting Blog

How Automation Solutions Help Enterprises Maintain High AEO Levels in China

How Automation Solutions Help Enterprises Maintain High AEO Levels in China

In the past month, I’ve received several phone calls from previous clients asking about Authorized Economic Operator (AEO) re-certification. It seems these high level AEO enterprises are facing challenges and do not have a clear understanding of all the local AEO requirements. Failing to pass AEO certification would mean a potential loss of preferential benefits. … Read More

What Is the Impact of the U.S. Withdrawal from the TPP on Indonesia?

What Is the Impact of the U.S. Withdrawal from the TPP on Indonesia?

It was not a surprise to most countries when President Trump withdrew from the Trans Pacific Partnership (TPP) Agreement. His withdrawal was a signal that he intended to follow his approach with ‘Americans First”, by protecting American workers from competition from low-wage countries such as Vietnam and Malaysia. Indonesia had not officially joined the regional … Read More

HS Classification: Customs Compliance Issues Affecting Companies in Vietnam

HS Classification: Customs Compliance Issues Affecting Companies in Vietnam

Vietnam has adopted and maintained the World Customs Organization (WCO) Harmonized Commodity Description and Coding System since March 1998.  Subsequently, additional laws and changing regulations have been added leading to additional challenges for Vietnamese companies and the Multi-National Corporations moving operations to Vietnam. In Vietnam, all export and import shipments are required to have a … Read More