External Auditing of Customs Activities and Risk Analyses

Customs and trade rules and procedures around the world are almost every day changing and getting much more complicated. If such changes are not followed regularly and interpreted accurately, the risk of making mistakes in customs procedures will increase. In turn, such mistakes will possibly cause serious disputes with Customs who might in most cases be asking for additional duties and taxes, plus severe penalties thereon.

Persons who involve in customs procedures directly or indirectly are, upon request by the Customs, required to present all information and documents relevant to those customs procedures within the time periods specified in law.

The Customs Administration determines the risk management framework, risk criteria and priority control areas. After the clearance of goods, it might control, normally by Customs Investigators, import or export procedures or trade-related documents and records regarding the following trade, in order to verify the accuracy of the particulars given in customs declarations.

Therefore, we provide periodic auditig for corporate companies in international trade, as external auditors with professional knowledge and experience in trade and customs legislation and procedures, and advise them for correcting their incorrect procedures and for taking appropriate measures in good time in order not to be subject to heavy additional duties, taxes and fines.