Free Zones

CUST Customs Compliance Filing Special Procedure

Optimize your customs free zone management with MIC-CUST® FZ

Customs Compliance Software

MIC-CUST® FZ helps to maximize your free zone benefits

Free zones represent a big opportunity for businesses to enhance their international trade strategies. These designated areas allow companies to import goods without incurring import duties or taxes, enabling efficient storage and processing while remaining fully compliant with customs regulations. This flexibility empowers businesses to respond swiftly to market demands, optimize cash flow management and can significantly improve a company's competitive position.

Implementing a robust software solution is essential for navigating the complexities of customs declarations and inventory management within free zones. Discover how our MIC-CUST® FZ software module can enhance your operations, reduce risks and maximize the benefits of free zones for your business.

Benefits

Optimize Cash Flow with Tax Deferral

Leverage free zones with MIC-CUST® FZ to import goods duty-free, enabling deferred tax payments that enhance cash flow. This allows for strategic financial planning while delaying costs until goods enter circulation

Gain Operational Flexibility

Utilize the proximity of free zones to adapt swiftly to market fluctuations, ensuring efficient inventory management and maintaining a competitive edge in international trade

Comprehensive Inventory Management

Our software solution provides inventory management tailored for free zone operations, automating stock reconciliation and compliance with customs duties, ensuring your business meets trade regulations effortlessly

Highlighted Product Features

Dynamic import limit management

Efficiently manage import limits for specific tariff numbers based on quantity or value, ensuring adherence to customs authorizations while optimizing stock levels within free zones.

Advanced bill of materials tracking

Utilize real-time tracking and tracing capabilities at the bill of materials (BOM) level to monitor goods from import through to re-export, ensuring regulatory compliance and accurate inventory management.

Flexible withdrawal options

Our software solution features a configurable ‘fill or kill’ option for stock withdrawals, allowing businesses to manage inventory with precision and responsiveness, which is crucial in dynamic trade environments.

Automated stock reconciliation

With seamless integration into ERP systems, our solution automates stock reconciliation and adjustments, streamlining operations and reducing manual errors, ultimately enhancing trade compliance and efficiency.

Comprehensive audit trail

Our software solution offers a complete audit trail, ensuring transparency from the customs declaration to the final inventory reduction, enabling businesses to maintain compliance with customs regulations effectively.

Configurable stock withdrawal logic

The MIC-CUST® FZ software module supports various stock withdrawal principles, including FIFO and prior export, allowing for tailored inventory management strategies that enhance operational efficiency.

Person that gives IT support

Get in touch

Have questions about our company or products? Reach out to us, and our sales team will be happy to assist you. Or take advantage of the opportunity to explore how MIC solutions can elevate your business, with expert guidance from one of our specialists.