Faced with a changing economic and regulatory landscape, multinational companies are re-evaluating their operating models in the Middle East to remain competitive and enhance performance. Successful business reorganization requires careful planning and implementation to achieve intended operational and financial objectives. Baker McKenzie is delighted to invite you to an interactive seminar at our DIFC office in Dubai on 24 April 2024, focusing on the key issues faced when reorganizing operations and distribution arrangements in the…

In brief Proposed amendments to the Customs Rules (Rules) under sections 40(3), 41(4), and 120 of the Customs and Excise Act were published for public comment by the South African Revenue Service (SARS) in January 2024. The proposed Rules are intended to formalise the process for reporting transfer pricing adjustments impacting customs values declared to SARS at the time of importation. Public comments on the proposed rules close on 9 February 2024. In more detail…

The German Federal Ministry of Finance (BMF) issued new transfer pricing (“TP”) guidance on June 6, 2023 with customs implications. Last year, Germany’s highest tax court issued its decision in the Hamamatsu case, ruling that both upward and downward lump sum retroactive transfer pricing adjustments, which occur after the decisive moment for customs valuation purposes, have no relevance for the customs value which shall only reflect the “real economic value” at the time of importation…

In keeping with tradition, we are pleased to invite you to our annual Global Year-End Review of Import/Export & Trade Compliance Developments. This year, we are excited to provide a virtual offering available to all our clients and friends worldwide, plus an in-person reception and networking event for local attendees!The conference will be comprised of 75 minute virtual sessions over the course of three days. Please join us on November 15, 16 and 17 for any or all sessions. The in-person reception will…

We are pleased to invite you to our Virtual Global Trade Conference on July 20 and 21. In lieu of our annual conference in Bellevue, WA, we are excited to again provide a virtual offering available to all our clients and friends worldwide! Please join our international trade compliance lawyers from around the world as they discuss and examine the major developments impacting international trade. This conference will be comprised of 75 minutes sessions over…

Baker McKenzie’s Sanctions & Export Controls Update Blog published “CBP issues guidance on petroleum imports from Russia,” which can be viewed here.

Webinar: Doing Business in Myanmar in the Midst of New Sanctions Recent political developments in Myanmar have led to new sanctions by the US, UK and EU. As a result concerns around doing business in Myanmar and the challenges of doing business in, or with, Myanmar have increased. To help address these concerns, we would like to invite you to Baker McKenzie’s webinar on Doing Business in Myanmar in the Midst of New Sanctions which…

Annual Supply Chain Risks & Rewards in Emerging Markets ConferenceBaker McKenzie is pleased to invite you to our virtual annual conference Supply Chain Risks & Rewards in Emerging Markets, which will now be offered virtually.In addition to providing the latest updates on regional and industry‑specific supply chain compliance developments, this webinar series will focus on cutting‑edge issues in supply chain risk management—including the key developments from the Biden Administration, trade considerations and the impact of…

Asia Pacific International Commercial and Trade Webinar SeriesDecember 2020 – January 2021 | 11:00 am – 12:00 pm (GMT+8)We are pleased to present the Asia Pacific Trade Webinar Series which focuses on the Nuts and Bolts of Trade Compliance and will deliver practical guidance and on-the-ground insights from our teams in Asia Pacific. This program features overarching customs developments and highlights on specially regulated goods. Key themes will include:* Significant changes to customs clearance requirements* Customs…