Eligible Projects to be supported
Certain Customs operations admit that, given certain usual conditions known by Customs officers, the payment of foreign trade taxes may be exempted or postponed. This exemption is granted when the importer/exporter meets certain requirements (scheduled re-export of goods, presentation of documentation, etc.) and when they offer certain guarantees in case they fail to meet them (The list of operations eligible to be guaranteed arises from Resolution AFIP/ANA No. 2577 and amendments).
The Surety Bond Insurance is the most agile and economical option to guarantee this type of obligations, the main concepts being usually the following:
- Temporary Imports
- Temporary Exports
- Land Freight
- Lack of Documentation
- Deliveries on Consignment
- Right Differences
- Deposit Authorization
- Automobile Regime Taxes
- Information about the obligation to be guaranteed
According to the type of operation, the following information may be asked for: about the origin of goods, destination, terms, or any other detail that helps to understand the business to be guaranteed.
- Information about the contracting party
If it is the first time the party operates with us, we will ask for a copy of the last financial statements; if it is a society or an individual, they will be asked to provide a summary of the amounts invoiced in the last 12 months and information about their assets.
- Additional Information
So as to evaluate the risk under the process of being guaranteed, in some cases, some additional information may be requested on the obligation to be guaranteed or on the contrating party / taker of the insurance.