Have you moved to FCA or DDP? We’ve found this is not always harmonised and transparent across all customers, and often not optimal for service.
Incoterms
Directly impacts tariffs. There’s often opportunity to reduce the cost of tariffs by changing the origin. This may mean changing supplier or simply reviewing the current classifications for mistakes.
Rules of origin
Many businesses have not considered an EU entity, or are using one that happened to be available in January 2021. Corporate tax and cash-repatriation rules vary across the EU and there may be better options.
Entities
At times of additional complexity your current carriers probably seem the best option, but we’ve found that many carriers have put up prices, or are having ongoing service delivery problems. It's important to remember that there are always other carriers looking for more volume in their network. There are other costs to remove, but this is a good start.
Costs
The ‘VAT One Stop Shop’ is now in place and makes servicing the EU easier, but many businesses are not taking advantage of this.
VAT
