Guide to Customs Compliance on Royalties and License Fees

Guide to Customs Compliance on Royalties and License Fees

The World Customs Organization has released new advisory opinions focusing on key customs valuation issues such as royalties, license fees, and trademark usage. The opinions clarify that royalty income tax should be included in customs valuation, emphasize that valuation of goods with own trademarks requires case-by-case analysis, and explain the principles for handling mixed royalties. Businesses should thoroughly understand the regulations, meticulously record transaction information, and consult with professionals to ensure customs valuation compliance. This helps avoid potential penalties and ensures accurate import/export declarations.

01/30/2026 Customs Knowledge
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New Direct Flight Connects Saudi Arabia and South Korea

New Direct Flight Connects Saudi Arabia and South Korea

Saudi Arabia and Seoul, South Korea are approximately 7500 kilometers apart, requiring a 9-hour direct flight. Despite significant cultural differences, the two countries maintain strong economic and trade relations. Saudi Arabia is a major oil supplier to South Korea, while South Korea is a significant export market for Saudi Arabia. Air transport serves as the primary connection, with frequent political visits and expanding areas of cooperation. This relationship highlights the growing interconnectedness despite geographical and cultural disparities, focusing on economic benefits and diplomatic ties.

01/30/2026 Logistics Encyclopedia
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Huaian Offers Streamlined Chinarussia Trade Logistics

Huaian Offers Streamlined Chinarussia Trade Logistics

This article provides an in-depth analysis of the cost structure and influencing factors of the Huai'an to Russia DDP (Delivered Duty Paid) shipping line, offering a cost optimization guide for savvy businesses. By understanding various expenses such as export clearance fees, transportation costs, and import clearance fees, as well as factors like cargo type, weight, and transportation method, businesses can better control logistics costs and increase profit margins. Choosing a professional logistics partner is crucial to ensure smooth customs clearance and minimize additional expenses.

01/30/2026 Logistics
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Chinacanada Shipping Costeffective Logistics Guide

Chinacanada Shipping Costeffective Logistics Guide

This article provides a comprehensive shipping guide for transporting goods from China to Canada. It covers essential aspects such as transit times, choosing the right shipping method (container/bulk cargo), selecting a reliable freight forwarder, understanding customs clearance procedures and tariffs, and the importance of marine insurance. This guide aims to help businesses and individuals conduct China-Canada trade more efficiently and safely. It offers practical advice and key considerations to navigate the complexities of international shipping and ensure a smooth and successful import/export process.

01/30/2026 Logistics Encyclopedia
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Tammisaari Port Emerges As Vital Hub in Finlands Archipelago

Tammisaari Port Emerges As Vital Hub in Finlands Archipelago

This article provides an in-depth analysis of Tammisaari Port, part of the Raseborg port cluster in Finland. It details the port's key parameters, berth information, communication services, required arrival documents, and supporting facilities. The aim is to offer comprehensive and professional port information to businesses, thereby facilitating their efficient strategic planning within the European maritime market. This resource helps companies navigate Finnish maritime logistics and optimize their operations within the Raseborg region.

09/29/2025 Port Encyclopedia
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Szczecin Port Boosts Polands Baltic Economy

Szczecin Port Boosts Polands Baltic Economy

The Port of Szczecin, a significant maritime hub in northwestern Poland, plays a crucial role in driving regional economic development. This analysis explores its geographical location, historical evolution, diversified economic structure, and regional logistical role. It reveals the port's strategic importance within Poland and the broader Central and Eastern European trade landscape. The port's multifaceted nature contributes significantly to its regional influence and its position as a key player in international commerce.

09/29/2025 Port Encyclopedia
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Temu Targets 50 UK Order Localization by 2025

Temu Targets 50 UK Order Localization by 2025

Temu plans to increase the proportion of UK local orders to 50% by the end of 2025, accelerating the localization of European orders through measures such as intelligent overseas warehouses, local seller recruitment, and a semi-managed model. This aims to address increased tariffs, adapt to local demands, and improve user experience. This strategy also provides new market expansion opportunities for UK SMEs and may reshape the landscape of cross-border e-commerce.

11/03/2025 Logistics Industry Insights
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US and EU Implement 15 Tariff Agreement

US and EU Implement 15 Tariff Agreement

The United States and the European Union have reached an important trade agreement, imposing a 15% tariff on EU goods entering the U.S. The EU has committed to purchasing $750 billion in U.S. energy and increasing its investments by $600 billion. Trump emphasized that this agreement will boost the development of the U.S. automotive and agricultural sectors. While the EU considers this the best possible outcome, public opinion has raised concerns about its implications.

07/28/2025 Logistics
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Tunisia's Djerba Airport Boosts Tourism with Expanded Airline Network

Tunisia's Djerba Airport Boosts Tourism with Expanded Airline Network

Djerba–Zarzis International Airport (IATA code: DJE, ICAO code: DTTJ) has been in operation since 1970, located on Djerba Island, Tunisia, at an elevation of 6 meters with a runway of 3100 meters. The airport offers regular domestic and international flights, serving over 23 airlines. Particularly during the summer tourist peak, it attracts European carriers for charter operations, making it the third busiest airport in Tunisia and significantly contributing to the local economic development.

07/28/2025 Airport Codes
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Fast Fashion Giant Shein Gains Ground in Austrias Ecommerce Market

Fast Fashion Giant Shein Gains Ground in Austrias Ecommerce Market

Chinese fast-fashion e-commerce platform Shein has entered the top 10 e-commerce platforms in Austria for the first time. This success is attributed to its precise targeting of young consumers, social media marketing strategies, and efficient supply chain management. Despite facing market competition and sustainability challenges, Shein's success signifies the rise of affordable fashion in Europe. The company is expected to achieve even greater success in the European e-commerce market.

12/30/2025 Logistics Industry Insights
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