Workshop : Foreign Economic Activity

Trainer: Svitlana Morozinvited trainer of KROK Business School, lawyer, candidate of legal sciences, managing partner of Dictum Law Company

In 2022, Dictum established a representative office in Turkey, Istanbul and actively supports Ukraine-Turkey agreements, so the issue of foreign trade in 2022-2024 was almost one of the profile ones for Dictum.

During the seminar, Svitlana Moroz will share her own experiences, cases, and analyze examples taking into account court practice.

Purpose: This seminar is a fundamental introduction to the legal features of foreign economic activity, features of import and export operations, customs clearance.

For whom:

Managers and employees of procurement, logistics and warehouse management departments
Managers and employees of sales and marketing departments
Managers and employees of production planning and operational management departments
Managers and heads of the inventory management department
Financial controllers, specialists of the planning and economic department
As well as to other employees of various units who would like to get to know, learn and understand the standard terminology and the main processes of managing foreign economic activity

Format:

2 days from 10:00 a.m. to 6:00 p.m
A group of no more than 15 people
Individual approach

Cost of participation in one module (2 days)

1 participant – UAH 10,500
2nd participant – UAH 10,000 (for each)
3 or more participants – UAH 9,500 (for each)

The price includes:

author's handouts;
name certificates
coffee breaks

Program

Day 1
Subject
Legal features of the EZ and Incoterms rules - 2 hours Peculiarities of currency contracts - what to consider. Peculiarities of application of Incoterms rules. Application of force majeure circumstances taking into account martial law. State control over import and export operations.
Financial monitoring of foreign exchange transactions - 1 hour Entering foreign markets - checking partners in other countries. Disclosure of the ultimate beneficial owners of foreign partners for the bank. Verification of transaction documentation by the bank. Prohibition on carrying out economic activities with countries with which diplomatic relations have been terminated.
Application of transfer pricing provisions to foreign exchange transactions - 1 hour If the operation is up to UAH 10 million, is the arm's length principle applied? Does the arm's length principle apply to export operations, and if so, in which cases. When and in what cases transfer pricing documentation should be prepared. Consequences of not providing transfer pricing documentation.
Day 2
Peculiarities of import and export operations – 1 hour Direct import and indirect import - advantages and disadvantages of each model. Peculiarities of export activities. Alternative models of export activity.
Features of taxation and currency supervision - 1 hour Violation of currency legislation: fines; tax audits; how to avoid Peculiarities of the functioning of VAT for foreign trade. Peculiarities of excise tax in foreign trade transactions. Basis for calculation of import duty.
Customs clearance of operations – 2 hours Peculiarities of customs clearance during wartime. Documentation: invoice, contract, CMR, customs declaration, etc. Import operations - how to avoid adjusting the customs value of goods.