FREE TRADE AREAS AND CERTIFICATE OF ORIGIN (PROCEDURES & COMPLIANCE)
HRD Corp Programme Number : 10001401767
INTRODUCTION
The objective of this seminar is to provide the participants with the knowledge on the various Free Trade Agreements (FTA) that has been signed by ASEAN (Regional Agreement) and by Malaysia (Bilateral Agreement) and how these FTAs seek to promote trade, investment, economic development and enhance competitiveness of Malaysian exporters and importers with particular emphasis on duty reduction.
The seminar also seeks to provide participants with the detailed knowledge of the Rules of Origin required to be satisfied by exporters to obtain the Preferential Certificate of Origin (PCO) and its related issues. Further the seminar will also examine the compliance with customs procedures related to import / export and the manner in which to claim preferential tariff by submitting Preferential Certificate of Origin (PCO).
Download Brochure and Registration form from HERE
Training Date :
17th February 2025 (Hotel Armada Petaling Jaya, Selangor, Malaysia)
LEARNING OBJECTIVE
The benefits of attending this seminar is that, participants will be able to understand :
- The various Regional FTAs (signed by Asean) and Bilateral FTAs (signed by Malaysia)
- How exporters, importers and manufacturers can expand their share into various markets through preferential tariff treatment and benefits derived from it
- The procedures involved in obtaining preferential treatment
- The mechanism for obtaining Certificate of Origin
- How FTAs could assist in further development of SME and remain competitive
- The benefits of these FTAs
- Problems associated with FTA
- Role of RMCD and procedures related to claiming of preferential duty
WHO SHOULD ATTEND
This course is suitable for
- Tax Consultants
- Business Owners and employees who involved in international trade
- Finance Managers
- Accountants
- Logistic Managers
- Those dealing with RMCD
- Exporters seeking to benefit from FTAs
- All manufacturers, traders, importers, exporters and other business communities who want to take advantage of benefits offered by FTAs in reducing costs, expand into new markets and to remain competitive
METHODOLOGY
Power Points Presentation, Lectures, Discussions and Q & A sessions.
COURSE CONTENTS
1. Objective of Free Trade Agreements
2. Rationale behind Free Trade Agreements
3. Scope / Benefits of Using Free Trade Agreements
4. Regional Free Trade Agreements
-
- ASEAN Trade in Goods Agreement (AFTA)
- ASEAN China Free Trade Area (ACFTA)
- ASEAN Korea Free Trade Area (AKFTA)
- ASEAN Japan Free Trade Area (AJFTA)
- ASEAN Australia New Zealand Free Trade Area (AANZFTA)
- ASEAN India Free Trade Area (AIFTA)
- ASEAN Hong Kong Free Trade Area (AHKFTA)
- Regional Comprehensive Economic Partnership Agreement (RCEP)
5. Bilateral Free Trade Agreement
-
- Malaysia Japan Economic Partnership Agreement (MJEPA)
- Malaysia Pakistan Closer Economic Partnership Agreement (MPCEPA)
- Malaysia Chile Free Trade Agreement (MCFTA)
- Malaysia India Comprehensive Economic Cooperation Agreement (MICEPA)
- Malaysia New Zealand Free Trade Agreement (MNZFTA)
- Malaysia Turkey Free Trade Agreement (MTFTA)
- Malaysia Australia Free Trade Agreement (MAFTA)
6. Understanding of Common Terminologies used in FTA
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- Direct Consignment
- Rules of Origin
- Regional Value Content
- Product Specific Rules
- Back to Back COO
- Third Country Invoicing
- Exhibition
- Accumulation
7. Differences between Preferential Certificates of Origin (PCO) and Non Preferential Certificate of Origin (NPCO) and related Issuing Authorities
8. Procedures to obtaining PCO
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- Compliance with Rules of Origin
- Originating Goods / Non Originating Goods
- Regional Value Content
- Product Specific Rule
9. Operational / Certification Procedures for Rules of Origin(ROO)
10. Procedures for Approval for Certificate of Origin (COO)
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- Application to MITI
- Documentation – Forms Bak(1a) to Bak(1f)
- Eligibility Criteria & Cost Analysis
11. Guidelines by RMCD on Compliance with COO
12. Harmonised System Coding (HS) and Customs Ruling
Click HERE to download the course content in pdf format
LLB (Hons) Lond., CLP (Malaya), ACIS (UK), ACTIM
Nadaraja was formerly with the Royal Malaysia Customs (1981-1997) as a Senior Officer of Customs having served in various units and his key areas of focus includes customs administration, import and export procedures, classification, valuation, licensing and compliance matters. He posses an in depth knowledge of various customs legislation including Customs Act, Sales Tax Act, Service Tax Act, Excise Act and other subsidiary legislation. He has vast experience in Customs matters and has been a guest lecturer at the Royal Malaysian Customs Academy in Malacca on various occasions to deliver lectures on various aspects of Customs laws and procedures.
In 1997 he left the Customs Department on optional retirement for private practice as an Advocate and Solicitor.
He is now involved in legal practice and at the same time is actively involved in conducting seminars and workshops on customs matters. He has also conducted in house training for various companies including statutory bodies and has advised and consulted upon by companies on issues such as customs and sales tax valuation, classification, service tax matters, drawback, refunds, exemptions and others. He was officially appointed by the Customs Department to conduct Basic Customs Course for forwarding agents during the year 2005 – 2007.
He is also an Associate of the Malaysia Institute of Chartered Secretaries & Administrators and Chartered Tax Institute of Malaysia (ACTIM) and is currently involved in customs litigation and rendering of consultancy & advisory services on Customs matters
Course Fees & Registration
FEE PAYABLE PER PARTICIPANT :
Normal Price : RM1,198
Early Bird (15 days before event) : RM1,068
Group Fee (>2 participants) : RM938
Fee includes course materials, lunch, 2 tea breaks per day and Certificate of Attendance (upon completion of the training).
Download our Registration form Here and sent it to us by
WhatsApp : +60162634929
Email : sales@wanfahprosper.com
CANCELLATION / TRANSFER
Upon registering, participant(s) are considered successfully enrolled in the event. Written cancellations / transfer notice received :
- More than ten (10) working days before the event, a refund (less administrative charge of 15%) will be made.
- Ten (10) working days or less before the event, no refund will be made.
- For no show on the day of the event, full payment is required. If you cannot attend the event, you can nominate a substitute at any time without payment of an administration fee.
- A full (100%) refund may be granted if the course is cancelled by Wanfah Prosper PLT (WFP). WFP reserves the right to postpone or cancel the event and / or change facilitator at any time should circumstances beyond its control arises. WFP also reserve the right to make alternative arrangements without prior notice should it be necessary to do so.
Payment
Please make cheque payable / direct credit to :WANFAH PROSPER PLT
Accounts Number : 3812930508
Bank : Public Islamic Bank Berhad
DATA PROTECTION
Personal Data is gathered in accordance with the Personal Data Protection Act 2010 (Act 709)
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