Customs, Tax and Incentive Consulting:
The Legal Way to Reduce Costs
For every company engaged in international trade, customs duties and VAT constitute a significant portion of product costs. However, many companies either fail to utilize or misuse legally available exemptions, incentives, and tax advantages. This leads to unjustifiably high costs and the risk of penalties during subsequent audits.
At Lires Customs Consultancy Inc., we position customs tax and incentive consultancy not as a passive tax payment obligation, but as an active tool for competitive advantage . Our aim is to optimize your costs within the framework of legal regulations and to ensure you benefit to the maximum extent from government support.
Key Tax and Incentive Advantages We Offer
Our tax and incentive consulting focuses on three main areas that provide direct cost advantages to your company:
1. Investment Incentive Certificate (YTB) and Customs Exemption
Advantage: When making a new investment or modernizing your existing facility, the YTB program provides exemption from customs duties and VAT on imported machinery and equipment.
Lires Difference: We ensure the fastest and most complete use of exemptions by handling the preparation, revision, and registration processes of YTB (Youth and Sports Exemption) applications with the customs administration.
2. Special Customs Regimes (Inward/Outward Processing)
Advantage: In exchange for a commitment to process and export the raw materials you import, you will be exempt from customs duties and VAT on the import of these raw materials.
Lires Difference: We eliminate regime-related security and penalty risks by handling the legal follow-up of regime permits, extensions, revisions, and commitment closure processes.
3. Tax Refund and Discount Mechanisms
Advantage: The process of legally recovering overpaid or incorrectly paid taxes and financial obligations (e.g., excess VAT, incorrectly calculated customs duties) during customs procedures.
The Lires Difference: By conducting detailed declaration and payment analysis, we identify refundable amounts and ensure your refund is processed quickly through administrative appeals and legal procedures.
Tax Risk Management: Post-Audit Shield
Just as it is crucial to benefit from customs tax advantages, it is equally important to use these advantages in accordance with regulations and without risk . Misused incentives can result in hefty penalties.
With our consulting services:
We test how legally sound all the exemptions and incentives used are against subsequent control audits by the customs administration.
We prevent tax penalties arising from errors such as missing incentive deadlines, insufficient collateral deposits, or incorrect commitment closures.
At Lires Inc., with our expert legal and technical team specializing in customs tax and incentive processes, we aim not only to comply with the law but also to help you benefit from all the advantages it offers . Contact us today to bring your costs down to competitive levels and reduce your tax burden through legal means. Turn tax advantages into profit in your business .