As one of the world’s busiest logistics and aviation hubs, Singapore is a key gateway for global trade especially for time-sensitive goods moved by air. But even the fastest cargo flights rely on one crucial step: customs declaration. What Is Airfreight Customs Declaration? An airfreight customs declaration is a mandatory submission to Singapore Customs that …
In Singapore, trading in high-technology, military, or dual-use goods requires strict adherence to export control regulations. Businesses engaging in the export, import, transit, or transshipment of such goods may be required to obtain a Strategic Goods Permit (XO) under the Strategic Goods (Control) Act. Failure to comply with these regulations can result in severe …
Singapore is one of the busiest and most strategically located shipping hubs in the world. With its world-class port infrastructure, it’s a natural choice for transhipment activities where goods are transferred from one vessel to another enroute to their destination. But before any of that happens, there’s one crucial step: the transhipment permit declaration. Whether you’re a …
Understanding Transhipment Permit Declaration in Singapore Read More »
In the current global economy, international commerce is essential for linking enterprises across nations. For businesses engaged in importing and exporting products, grasping the regulatory obligations related to these dealings is essential. One such necessity is the re-export licence—a legal authorisation that permits the export of goods from a nation after they have been brought …
In this friendly guide, we delve into the Top 8 Frequently Asked Questions (FAQs) about the Certificate of Origin in Singapore, offering clarity and insight to traders navigating the complexities of this essential trade document. Whether you’re seeking to understand the nuances of the Preferential Certificate of Origin (COO) or looking to simplify your export …
Top 8 FAQs About Certificate of Origin in Singapore, Answered Read More »
Singapore is undeniably a global trade hub, underscored by its historical and strategic prominence in international commerce. The nation’s port, one of the busiest in the world, serves as a crucial juncture for maritime trade routes linking the East and West. In 2021, Singapore was ranked as the top maritime capital of the world for …
Permits are official documentation that goods have met all required standards and regulations, safeguarding Singapore’s economic interests and security. As businesses engage in international trade, these permits validate their operations, ensuring that all transactions adhere to stringent regulatory frameworks. To aid traders and businesses in understanding and navigating this essential aspect of trade, this guide …
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