International trade and exports are a prerequisite for economic growth and global expansion. However, success in this world requires a deep understanding of the complex regulatory frameworks that govern it. VAT and customs issues can be even more complicated and there are also economic sanctions and embargoes that prohibit trade with certain countries, parties and goods. Between 2017 and 2022, the number of trade barriers in the world has increased fivefold.
Regulatory frameworks vary across the world, and breaches of sanctions legislation can have serious consequences. Both in Sweden and internationally, there are extensive regulations governing bribery and corruption, which place stringent demands on compliance therewith.
In addition, there are increasing demands on companies to be reliable business partners. It is no longer sufficient to merely comply with laws and regulations - documented processes are required to ensure full compliance. These requirements also apply to companies that were previously considered to have a low risk profile.
Increased requirements also create opportunities. As a trusted business partner, your company can expand its business. The focus on Trade Compliance therefore creates direct business benefits. Vinge has the necessary expertise to help you with this.
Our Trade Compliance services include, inter alia:
Member of the Swedish Bar Association, Expert Sanctions, Shipping & Insurance Gothenburg
Counsel, Head of Investigations & Corporate Crime Stockholm
