We are delighted to invite you to our Baker McKenzie Middle East Customs and Transfer Pricing Briefing.
Hosted at our Dubai International Financial Centre (DIFC) office, the session is designed to provide you with first-hand insights from our Middle East and international experts in the fields of Customs, Transfer Pricing and VAT.
We have seen an increase in customs audits on businesses operating in the UAE free zones as well as disputes globally, focusing on the interaction between customs values and transfer prices. These can result in substantial costs through additional duties, lost duty refunds and penalties. Secondary costs also arise if the customs authority suspects non-compliance and lists your company for frequent audits and possible delays in processing imports.
As part of the discussion, we will cover the following topics:
- Customs compliance requirements and audit in the UAE free zones
- Key issues and best practices in relation to customs valuations and the interaction with transfer pricing, including case studies
- Recent developments in bonded warehouses and customs suspension regime in the Kingdom of Saudi Arabia
- VAT considerations (imports, customs duty suspension and designated zones)
We hope you are able to participate. Feel free to share the invitation with your legal, trade compliance and tax teams.
Please register your interest using the RSVP button by 5 October 2023 as spaces are limited and mark your calendars. If you have any queries regarding the briefing, please do not hesitate to contact Jenny Medina.
If you would prefer to set up a one-to-one meeting with our Baker McKenzie team, please message email@example.com.
Event Date & Time
12 October 2023
8:30 – 11:30 am GST
Al Fattan Currency House,
Tower 2, Level 16,
Dubai International Financial Centre