Deringer’s Trade Advisory Group (TAG) will help resolve your most complex compliance needs.
Customs Compliance is a legal obligation. Importers are expected to demonstrate reasonable care with respect to their import transactions. In addition, US Customs and Border Protection (CBP) has been getting more aggressive in its enforcement efforts. Today, importers are forced to operate in an uncertain, continually changing, and increasingly more complex regulatory environment.
Deringer’s Trade Advisory Group (TAG) provides scalable, customizable support through a full complement of trade services to guide you through the intricacies of regulatory and security requirements.
Strategic Import Compliance Program
A well-designed and documented compliance program provides reasonable assurance that your import activities meet all relevant requirements and ensure compliance with applicable laws and regulations.
We assist importers with development of effective and sustainable compliance programs which include a comprehensive risk assessment, a thorough review of existing processes and customs clearance activity, and creation of a compliance manual.
We work with clients to leverage existing resources and processes to minimize disruption and maximize results.
Risk Assessment is a foundation for your Compliance Program, but it can also be a stand-alone activity, which will help you identify weak points in your import operations and address any exposed problems. In order to assess your import compliance risks, we analyze your import activity, import processes and control environment, and conduct a sampling transaction audit.
- CTPAT Certification Services
Clients can use our certification services as a complete and comprehensive compliance roadmap, or choose from a menu of specific measures as part of a modular approach, including application and security reviews, preparation of security profile for CBP, security questionnaire development and documentation (Business Partner Risk Assessment), staff education, pre-validation review and representation.
- CTPAT Validation Services
We perform independent validation reviews to prepare for formal CBP validations. Our certification experts follow the guidelines established by CBP and prepare a documented assessment of our client’s supply chain security.
A level of protection is afforded to importers who file a prior disclosure in advance of a Customs investigation. If violations are discovered, clients may be able to avoid penalties when the Deringer Trade Advisory Group helps resolve missing or inaccurate information and submits prior disclosures to CBP. We assist our clients in the amendments of past violations, and establish the protocols and processes to ensure that future activities are compliant with import laws and regulations.
Binding rulings from CBP eliminate ambiguity regarding HTS classification, valuation, country of origin determination, and trade agreement eligibility. We advocate for clients in the interpretation of Customs law and perform the necessary research and preparation for submission of the request for a binding ruling from CBP.
USMCA Eligibility Verification
TAG assists clients in setting up a USMCA program that can withstand CBP scrutiny, thereby protecting their USMCA savings. We review clients’ products and components (bills of material) and applicable rules of origin to determine if products are eligible for USMCA benefits. We assist with validation of HTS numbers and USMCA Certificates of Origin. We provide customized training on how to qualify for USMCA benefits and how to correctly complete the Certificate of Origin. We also perform Annual USMCA Reviews to confirm continued eligibility and look for further opportunity for USMCA savings.
Duty Savings Opportunities
Our consulting group can offer advice regarding trade preference programs (eligibility under any one of the 19 US free trade agreements), First Sale Program, assistance with the establishment and oversight of foreign trade zones, bonded warehouses, and control of temporary import programs.
Customized on-site training can include half day, all day, or multiple day training sessions tailored to our clients’ needs. Many of our clients find that they can invite entire teams to our sessions and enjoy customized content more economically and efficiently than sending a single employee to an off-site one-size-fits-all conference. Training may cover many aspects of the trade:
- Overall compliance and reasonable care
- USMCAA – based on our client’s product line
- Valuation and assists
- Other training designed to assist the client in navigating the rules and regulations pertinent to their business
We assist our clients with setting up their ACE accounts, help them create and run reports, as well as retrieve and understand their import data.
Duty drawback is the recovery of duties for goods imported and subsequently exported, which may have been inventoried or manufactured into a different product. Deringer advisors understand the nuances of duty drawback regulations and can help design a program that meets all record keeping criteria and provides the mechanism to accurately calculate the exact amount of your refund potential.
When importers lack certain data elements at the time of entry, they can use reconciliation to provide data at a later date. We develop reconciliation programs for our clients by assessing the reconcilable issues, preparing the data, and filing the reconciliation entry with CBP.
Classification & Valuation Analysis
Presenting the accurate value and tariff classifications to Customs is the legal responsibility of the importer. Our consulting staff has developed a seven-step process to review the classification of your goods.
FDA Food Facility Registration & FDA Agency Program
Importations from unregistered facilities will be held at the port of entry or denied entry into the US. Additionally, foreign facilities need to appoint a US agent as part of their FDA facility registration. Deringer provides US agency services to foreign food facilities and has represented clients before the FDA since the inception of the bioterrorism reporting requirement.