Doing business across international borders is far more complex than domestic trading and poses many risks and challenges for anyone engaged in global trade, be it as an importer or exporter. Typically the global trader simultaneously has to take into account credit risk, performance risk, political risk, transfer risk, exchange rate risk and commercial risk.

Dealing efficiently and effectively with the challenges posed by each of these risk areas, requires a high degree of specialised knowledge, skill and expertise.

It is in response to clients’ needs to deal with these complex sets of challenges that IQuad Group has combined the services of its subsidiary business units into a comprehensive solution that ultimately enables the global trader to focus his attention on his core business.

The export process can be optimised by using Process Assist, a software system developed by IQuad, that automates repetitive tasks. It validates export VAT and Customs compliance aspects and informs users of the various trading blocks. This enables preferential duty claims and optimises cash flows by means of improved turnaround and duty and incentive recoveries. The system creates fully compliant export documents and accurate freight forwarder shipping instructions.

Exporters and importers can use IQuad’s treasury and forex risk management services to limit their exposure to currency risk. A customised risk policy is developed for each client who is provided with market related rates and continual market updates. The service includes day to day administration and consolidated reports.

A duty recovery service assists importers to recover duties paid upon importation of goods and processes Duty Drawback claims in terms of various provisions of the Customs and Excise Act.

With the help of IQuad’s investment incentives experts, businesses can access grants through Government Incentive programmes such as the Productive Asset Allowance (PAA), Enterprise Investment Programme (EIP), Textile and Clothing Industry Development Programme (TCIDP), Export Marketing and Investment Assistance Scheme (EMIA) and the Motor Industry Development Programme (MIDP).

We also help global traders identify opportunities for savings and recoveries of custom duties, perform comprehensive customs audits, assist in the administration of rebate facilities and prepare rebate registers and customs rebate acquittals.

Additional global trade related services include conducting export VAT compliance audits, reviewing historical transactions to highlight areas of non-compliance and designing new processes to ensure VAT compliance. We also provide specialised training in all areas of global trade.