There are various customs regulations & requirements throughout the world. For example, ACE incl. FTZ and Duty Drawback in the USA, IMMEX in Mexico, the Union Customs Code (UCC) in the EU and its various national characteristics, the Free Zone in Thailand or China Single Window. All have the objective of making customs procedures simpler, more modern and more efficient. Examples include the reduction of the number of customs procedures, the conversion to IT-based customs declarations and the associated electronic data exchange with the national IT-systems of the customs authorities.
Permanent changes in export control legislation (e.g. embargoes, export license requirements, sanctions list, export control commodity lists, …) and the increasing number of ratified free trade agreements (400+) make it even more difficult to maintain international visibility in foreign trade and to identify cost optimization potentials in order to not only act according to the statutory requirements but also competitively.
MIC helps you to make the most of these changes to your advantage. We know the intricacies of national and regional customs and export control requirements. Our software takes account of the respective regulations and uses similarities in the global customs and export control law. In over 55 countries on 6 continents with regularly updated trade content for 150+ countries. As a result, global business processes can be designed and automated more efficiently. This not only increases your compliance, but you also gain time, save money and increase your competitiveness.
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