WCO Enhances Angolas Customs Valuation to Boost Trade Revenue

WCO Enhances Angolas Customs Valuation to Boost Trade Revenue

The World Customs Organization (WCO) recently assisted Angola Customs in enhancing its customs valuation capabilities. By assessing infrastructure needs, providing recommendations on risk management and post-clearance audit, and conducting customs valuation workshops, the WCO helped Angola Customs improve revenue collection efficiency, promote compliant trade, and strengthen customs valuation oversight of multinational corporations. This assistance demonstrates the importance of international cooperation in improving customs administration.

Customs Declaration Process and Required Documents Under Three Modes of Clearance in Shanghai

Customs Declaration Process and Required Documents Under Three Modes of Clearance in Shanghai

This article discusses the customs clearance processes under three customs clearance models in Shanghai: local customs declaration and release, local customs declaration with port release, and regional integrated customs clearance. Each model involves different operational steps and required documents. Enterprises need to prepare relevant materials based on their actual situation to ensure smooth customs clearance.

New Global Rules Tighten Tracking of Chemical Weapons Precursors

New Global Rules Tighten Tracking of Chemical Weapons Precursors

The World Customs Organization has issued new recommendations urging member economies to incorporate specific substances controlled by the Chemical Weapons Convention into national statistical directories. This aims to more accurately track and monitor the international movement of these sensitive goods. Businesses should comprehensively review their product lines, update internal coding systems, and enhance employee training to ensure trade activities comply with relevant laws and regulations. This proactive approach is crucial for maintaining international trade compliance and preventing the proliferation of chemical weapons.

Eswatini Revenue Service Adopts Competencybased HR System

Eswatini Revenue Service Adopts Competencybased HR System

The World Customs Organization held a virtual competency-based HRM workshop for the Eswatini Revenue Service to enhance the capabilities of its senior management team and help build an HRM system aligned with corporate strategy. Through competency model construction, recruitment optimization, training enhancement, and performance management improvement, the initiative supports the Eswatini Revenue Service in upgrading its talent strategy. This serves as a valuable reference for other developing countries' tax agencies seeking to modernize their HRM practices and align them with organizational goals.

New Customs Rules Simplify Trade Compliance for Businesses

New Customs Rules Simplify Trade Compliance for Businesses

To standardize customs declaration practices, the General Administration of Customs and the China Customs Brokers Association will promote a standardized paper format for the Power of Attorney for Customs Declaration. The new regulations emphasize the 'reasonable review' obligation of customs brokers and standardize customs declaration form filling, aiming to improve customs clearance efficiency, reduce corporate risks, and protect the legitimate rights and interests of enterprises. Companies should understand the new regulations in advance and prepare for compliance.

WCO Advances Global Customs Management Through Expertise Collaboration

WCO Advances Global Customs Management Through Expertise Collaboration

The World Customs Organization (WCO), as a professional body in the global customs field, is committed to enhancing the efficiency and security of customs management while facilitating international trade. Through extensive international cooperation and technological innovation, WCO promotes the standardization and reform of customs affairs worldwide, becoming a crucial leader in customs management.

Customs Declaration Vs Clearance Key Differences in Trade

Customs Declaration Vs Clearance Key Differences in Trade

This article provides an in-depth analysis of two crucial concepts in import and export trade: customs declaration and customs clearance. It elaborates on the definition, subjects, objects, and work content of customs declaration. It also distinguishes between the two meanings of customs clearance: "closing customs" and "the entire process of import declaration." Through comparative analysis, the article clarifies the relationship and differences between customs declaration and customs clearance. The aim is to help companies better understand import and export trade processes and avoid unnecessary delays and losses.

Customs Clearance Process for Goods in Bonded Warehouses

Customs Clearance Process for Goods in Bonded Warehouses

This article provides a detailed overview of the customs declaration process for goods in bonded warehouses, including the completion of declaration forms, customs inspections, important considerations for goods storage, and the regulations for transshipment of imported goods at other ports. It aims to help relevant personnel better understand and master bonded business operations.

Understanding The Customs Inspection Process For Bonded Goods

Understanding The Customs Inspection Process For Bonded Goods

This article explores the management mechanisms of bonded goods under customs supervision, including the definitions and functions of bonded warehouses and comprehensive bonded zones, the processes for the entry and exit of goods, and the operational steps involved in customs declaration. It emphasizes the classification of different flows and highlights key points to consider in practical operations, providing comprehensive guidance and reference for practitioners.