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  4. Customs duty management software | ONESOURCE Global Trade
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ONESOURCE

Global Duty Optimization     Customs duty management software from Thomson Reuters

Why choose Global Duty Optimization

For companies dealing in international trade, compliance is only one piece of the puzzle. Although the importance of compliance cannot be understated, best-in-class companies are now shifting focus to become more proactive and tax-efficient in their duty management. With ONESOURCE Global Duty Optimization, you can leverage a network of duty suspension programs to achieve cost savings and generate ROI. Our duty management software supports various savings opportunities worldwide – including free trade agreements, US drawback, US foreign-trade zones, IMMEX/maquiladoras, EU customs regimes, China processing trade regimes, Thailand Board of Investment, and Thailand free zones.

What you get with our customs duty management software

Free trade agreements

Reduce or eliminate duties by qualifying goods under FTA-specific rules.

Foreign-trade zones

Defer duty payments and streamline entry procedures with a US FTZ.

Drawback

Recover up to 99% of duties paid on imported goods that are subsequently exported from the US or destroyed.

IMMEX/maquiladoras

Defer duty and VAT payments by operating a maquiladora in Mexico.

EU customs regimes

Manage special procedures such as customs warehousing, inward processing, outward processing, and more.

China processing trade regimes

Perform all reconciliation processes needed for Chinese Customs and achieve PTR savings.

Thailand Board of Investment

Manage bonded manufacturing operations under the Thailand BOI scheme.

Thailand free zones

Leverage Thailand inward processing relief (IPR) schemes such as free zones.

E-book

Turn Insights into Action

Understand how executives and trade compliance professionals can use self-service analytics solutions to make informed decisions and gain the competitive edge.

Ready to start a conversation?

Need more information about how our solutions can work for you? Drop us a line and someone from our sales team will get back to you. Or you can call a representative in your region at +1 800 865 5257.

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