Why Attend This Summit?

Who Should Attend?

March 16, 2023

Thursday

08:30-09:00

Sign-in and Morning Tea

09:00-09:05

Chair’s Welcome and Opening Address

09:05-10:20

10:50-11:10

Luncheon and Networking

10:20-10:50

Data analysis of recent administration penalties against companies

Brief of common penalty cases of processing trade companies

Dos and don’ts in daily work

11:10-12:25

Discussion about Origin Rules in Practice and Related Hot Topics under the Current Trade Environment

Case studies of common problems about origin rules in practice, eg.

Afternoon Refreshment and Networking

16:45

Chair’s Remarks and Day One Sessions Ending

March 17, 2023

Friday

08:30-09:00

Sign-in and Morning Tea

Chair’s Welcome and Opening Address

09:05-10:20

Common problems in customs value declaration (case studies)

Morning Refreshment and Networking

11:55-13:00

Luncheon and Networking

Afternoon Refreshment and Networking

16:20

Chair’s Remarks and Day Two Sessions Ending

Common Risks and Compliance Solutions for Bonded Processing Trade Companies

Interpretation of the key points in GACC announcement No.54

o Comparison with GACC announcement No.161 and conclusion

o New policies/clarified definitions

o How to handle “the same tax-related violation”

o Problems about “to be clarified”

o Scope of application and key points in practice

o Summary: thoughts about “softening policies” and “tightening policies”

15:10-15:30

15:30-16:45

Case Studies and Experiences of Customs “Repairs” and the key points of the Internal Audit/Compliance under the Current Customs/Trade Environment

Case Studies and Experiences Sharing of Customs Problems and Customs “Repairs”

Priorities at each step: pre-audit, during the audit and post-audit

Methods/tools for establishing and implementing the internal audit/compliance management

Methods for identifying potential risks and risk levels

Current internal/external notable elements that may affect the upgrade/improvement the internal audit/compliance management

09:00-09:05

10:20-10:40

10:40-11:55

Interpretation of the new policies of AEO Authorization and Common Practical Problems in AEO Authorization

Common Problems in Customs Value Declaration and Prevention of Compliance Risks

Case Studies/Experience Sharing: Establishment and Implementation of Customs “Repairs” and Compliance

13:00-14:00

Main changes from GACC announcement No.88 2021 to GACC announcement No.106 2022 Interpretation and conclusion of the New Criteria for Advanced Certified Enterprises

Interpretation of Export Control Licensing System from a Practical Perspective (mainly China and US)

14:00-15:15

Recent customs enforcement situations and the trends

Recent key points in customs audit with case studies

Solutions and risk prevention of customs audit

Matters related to integration of customs and inspection in customs audit

How to plan works related to inspection and quarantine in order to reduce risks of customs audit

Panel Discussion: Current Customs Risks and Solutions, and the Improvement of the Qualifications and Skills about Compliance

15:35-16:20

Recent reforms, key changes and trends of customs supervision, and the risks and challenges they bring to the customs-related works

How to tackle with the tightening policies about special industries/goods and other relevant international trade control

How to better improve the necessary skills of managers involving in customs affairs

How to improve the abilities to identify compliance risks and risk levels Upgrade/improvement of customs-related works under the changing domestic customs situations and international trade environment

How to train managers involving in customs affairs to keep with the pace of the trend Improvement of the qualifications that managers need to have under the current domestic customs situations and international trade environment

Compliance management from a global and sustainable perspective under the international trade environment

In 2022, China customs keep implementing the policies such as “customs fully play its roles”, “enhance the support and guidance of policies, help companies release their load and increase the efficiency, continuously optimize the port business environment, reduce the duration of customs clearance, cut the document works in import & export”. Meanwhile, China customs also actively implement the measures such as promoting free trade zone, developing bonded zone, “AEO” mutual recognition and RCEP utilization. When import & export trade companies enjoying the benefits of customs reform and policies, they also need to enhance the compliance management. The current international trade environment is changing, which brings a lot of risks and challenges to the import & export compliance and make the work of compliance practitioners more complicated.

Based on this, Ficient Global will hold “The 7th China Customs & Tax Summit”. We will invite trade compliance experts from well-known law firms and consulting institutions, senior trade compliance managers and officials from supervisory organizations. They will not only interpret the policies but also analyze real cases, so that participants will better understand the relationship between policies and practice and bring the ideas into daily work. The summit will also help companies understand the priorities and risks when they implement the policies, so the companies can use the beneficial policies into practice more precisely and effectively and the risks can be avoided in advance. Besides, our speakers and participants will discuss how to combine customs compliance and company compliance together under the current domestic and international trade environment, and also share the vision and horizon a compliance practitioner should have to catch up with the trend of the world today.

Customs affairs and tariff consulting institutions and law firms

Supply Chain and logistics service institutions

Trade compliance managers/directors, custom affairs managers, compliance managers, import & export managers

Managers of company’s customs/trade compliance

CFO, tax managers, financial managers/directors

Managers of company’s financial, tax and transfer pricing

Supply chain managers, purchase managers, logistics managers and materials managers

Managers of company’s supply chain, logistics and import & export

Legal managers, project managers, business operations directors, sales managers

Professionals from law firms, accounting firms and relevant trade consulting

institutions, etc

State-owned, foreign-capital and private import & export enterprises

Foreign invested production-oriented enterprises

o Interpretation of the scope of application

o Suggested businesses/situations where you can use voluntary disclosure

o Factors/risks need to take into consideration

o Implementation of the voluntary disclosure policy

o Successful cases and best practice sharing

o Practical guidance and dos and don’ts when summiting voluntary disclosure

o Other measures/policies can be used to decrease risks

Implementation and practice of voluntary disclosure (with case studies)

Patrick Xiao      Partner      FANGDA PARTNERS

Jinghua Xu      Senior Customs Consultant, 

Instructor Leader of the Customs Informationize Management, DECS

o How to determine the origins if the raw materials come from different countries

o If the importer and the exporter use different HS Code, how to determine preferential rates of duty and

   the compliance risks

o How to use the RCEP back-to-back proof of origin and the RCEP cumulative rules of origin

More discussions of the origin-related problems regarding recent hot topics (with case studies)

Dolly Zhang      Partner      Deloitte (Shanghai)

Morning Refreshment and Networking

12:25-13:25

Discussions about “Determination” Problems in Customs Rules and Case Studies

13:25-13:55

Policy background

Terms Interpretation

Solutions for companies

Case studies

Guoxin Zou      Project Manager China Certification & Inspection Group Shanghai Co.LTD

Acceptance of the Third-party Service Improves the Facilitation of Customs Clearance

13:55-15:10

Examples of “Determination” Problems

o Is it necessary to provide certain licenses, such as Compulsory Certificate, dual-use items, inspection

   and quarantine certificate…… 

o Is it included in certain supervision scopes/lists/application scopes/preferential policies? 

o Is declaration necessary for certain elements? How to submit a standardized declaration? 

o Definition of violation, smuggle and criminal offense 

o Others

Case studies

o How to analyze your problems? 

o How to search the references: documents/regulations/laws? 

o How to understand the related documents/regulations/laws? 

o How to communicate with the customs? 

o How to improve the relevant customs-related works?

Guiyong Zha      Associate Professor of Shanghai Customs College PhD in Economics

Interpretation of Voluntary Disclosure Policy Updates and the Use of the Policy in Practice

o Special rules of special goods, special industries effected, customs new policies/supervision priorities, 

   COVID-19, changes of the global supply chain

From “Customs compliance” to “enterprise compliance”: How to make them reinforce each other? How to develop both of them? What are the influences for each other? What kind of viewpoints should we have under the current environment?

Lynette Dong      Partner     Ernst & Young

o Declaration of insurance charges

o Declaration of freight charges

o Declaration of commissions

o Payment methods and prices

o Royalties declaration

Common compliance risks and the solutions about value declaration

How to ensure the complete and accuracy of value declaration, and how to do internal check Solutions of customs disputes about dutiable value

May Guo      Partner     Deloitte (Beijing)

o Softening policies and tightening policies

o Impacts on the AEO authorization

Main eligibility criteria and interpretation of its use in practice (e.g. incorrect declarations of tariff-related data, etc.; Are there any unspoken rules?) 

Case studies: Possible situations that may have negative effects on AEO authorization, and risk prevention strategies (eg. paying the overdue duties, penalty records, incorrect customs declarations)

Wang Zhu      Advisor      Ficient Global

Practical examples/case studies of customs “repairs” and the learning of compliance management and risk control

How to establish/plan compliance teams, rules and procedures of customs-related works, how to enhance efficiency and reduce costs

Alex Lu      Head of customs product GCA      MAERSK

Sally Luo      APAC Trade Compliance Manager Burberry (Shanghai) Trade Co., Ltd.

Peter Zhang      Partner      KPMG (Beijing)

15:15-15:35

Flora Sun    Partner    KPMG (Beijing)Customs & trade, Director Greater China & Japan Philips (moderator)

Patrick Xiao     Partner      FANGDA PARTNERS

Frank Xu     Country Trade Compliance Officer      ABB

Peter Zhang     Partner       KPMG (Beijing)