Investment Incentives and Special Regimes
Incentive schemes and economically significant customs procedures substantially reduce the cost of your investment when structured correctly; managed badly, they turn into an undertaking that cannot be closed and a retrospective duty burden. From the certificate application to the preparation of the machinery list, from managing the risk of falling outside scope to closing the undertaking, we run the entire process on your behalf.
Investment incentive certificate operations
We clear your imports of machinery and equipment under an incentive certificate so that you benefit fully from the exemptions and reductions defined in it. Establishing the correct link between the declaration and the certificate, and recording the deductions in the system, is the most critical — and most frequently overlooked — part of this work.
Machinery and equipment list compliance
The machine you import must match the list in the certificate exactly in terms of HS code, quantity and description. An item that does not match the list means the exemption simply does not apply to it. We compare the list against the proforma invoice before shipment and, where necessary, file the revision application in good time.
Procedure planning
We determine together the most advantageous economically significant customs procedure for your operation — inward processing, outward processing, temporary admission, customs warehousing — and manage the application, permit and guarantee processes end to end. The right choice of procedure often saves more on a single item than your entire annual cost.
Certificate validity and undertaking follow-up
Incentive certificates are tied to a period and to an investment undertaking. We proactively monitor the imports still outstanding as the deadline approaches, the investment amount actually realised and the closure conditions; if an extension is needed, we apply without leaving it to the last day.
Closure file
The completion visa on the certificate is mandatory if you are to be treated as having genuinely benefited from the incentive. We prepare your closure file in full — including realised imports, fixed investment expenditure and support elements — and eliminate the risk of the exemptions you used being reclaimed retrospectively.
Frequently asked
Depending on the scope of the certificate and the region of the investment, various support elements apply, chief among them customs duty exemption and VAT exemption. Which advantages you can use are defined item by item in your certificate; we examine it and set out in figures how much you will actually save.
Yes. We assess your investment plan and tell you whether obtaining an incentive certificate makes sense for you; if it does, we are at your side throughout the application. The certificate must be obtained before the machinery items you intend to import reach customs — a certificate obtained afterwards does not rescue a past import.
No exemption applies to that item; duties are paid at the normal tariff. The more serious risk is a machine imported under exemption being used for a purpose other than that foreseen in the certificate, or transferred without permission — in which case the duties you benefited from are reclaimed with interest. That is why we verify list compliance before the import.
The completion visa application is made in the period following the expiry of the certificate. Leaving closure to the last moment means a missing document cannot be made good. We produce your undertaking account months before the deadline, so you can see any outstanding items while you still have room to manoeuvre.