SUPPORT FOR BUSINESS
IN FOREIGN ECONOMIC ACTIVITIES
We help companies from all over the World to trade.
We know the trade!
Efficiency in trade – WOTS
Trade over the World. World over the trade.
ABOUT US
WOTS company:
Practicing in business consultancy in the field of foreign economic activities;
Ensure the organization of international trade processes in the interests of enterprises for various purposes;
Main location in Istanbul, Turkey;
Accompany projects on all continents.
Work experience: more than 50 successfully implemented international projects of varying complexity and focus.
Our competitive advantages:
Unique experience of successfully implemented projects in Europe, India, China, Bangladesh, Turkey and in other countries;
A systematic approach to solving the problem, which includes the study of all the interests of the client (customs, logistics, financial, legal, accounting, etc.);
Partners, consultants and realizers in most countries of the world are ready to start working 24/7;
We guarantee the client a reduction in costs for foreign trade projects and ensure the full legitimacy of processes;
Extensive knowledge of the functioning of the customs, tax and other state systems of trading countries: Turkey, Bulgaria, Switzerland, India, Bangladesh, China, Czech Republic, Estonia, Lithuania, Latvia, Italy, Spain, Austria, Germany, etc.
PROCUREMENT ACTIVITIES
If your business needs to purchase something, let us support it.
Huge experience in worldwide communications with factories and suppliers from all over the World.
You save your time, we save your money.
List of goods for which we have a tight network of trading contacts:
Agricultural machinery, tractor equipment, sprayers, spare parts and accessories for it;
Industrial pumping equipment (submersible and surface pumps, centrifugal and vortex pumps), water treatment equipment, pumping units of various capacities and purposes;
Capacitive equipment, any storage tanks, other containers of various volumes and materials;
Most types of industrial valves, spare parts and accessories for it;
Heat exchange equipment;
Electrotechnical equipment, electric actuators, generators, fire safety equipment, equipment for program control and management;
Conveyor lines, production lines, accessories and spare parts for them;
Compressor and air preparation equipment, industrial fans, spare parts and accessories for it;
Industrial robots, robotic modules, automated systems for lines, software and spare parts for it;
Chemical products, chemical equipment and raw materials, organic and inorganic derivatives, oils and other technical fluids, refined products;
Textiles and textile products, materials and raw materials for tailoring clothes for various purposes;
Commercial and personal vehicles, spare parts and accessories for them.
FORWARDING SERVICES
Customs support around the world:
Organization of customs clearance of goods around the world
Advice on customs legislation in the countries of trade
Minimization of costs for customs operations
Projects in free economic zones (including Turkey, Europe, Kazakhstan, Azerbaijan).
Support in logistics:
Ensuring the smooth movement of goods worldwide
Minimization of costs for logistics operations
A full range of warehousing services along the route of
cargo, incl. in Europe, CIS, Turkey and Asia
CONSULTANCY SUPPORT
Ensuring key processes for foreign trade participants:
Comprehensive outsourcing of foreign economic transactions
Audit and refinement of the internal and external business architecture of a foreign trade participant
Development of business processes for international trade operations, development of contracting schemes, process automation and cost minimization, including crisis management
Tax planning for foreign trade participants (the whole world), optimization of taxation by legal means, external audit (finance, accounting)
Banking support and banking products (loans, letters of credit, obtaining limits, bank guarantees, guarantees), refinancing of the current loan portfolio, currency control
Marketing research of foreign markets. Search for counterparties in foreign countries and their due diligence
PROJECTS AND PARTNERS
SPECIAL CASE STUDY №1
Description of situation: For the implementation of the project for the supply of industrial equipment to India, the contract holder of which is private company, the most efficient supply scheme was developed and implemented, which made it possible to ensure minimal costs for tax payments, transport and customs costs. The main feature of this case was the need to ensure the successive transfer of ownership of the equipment supplied between such jurisdictions of participating companies as Spain, Czech Republic, Estonia and India, provided that the goods were moved directly from the manufacturer in Spain to the seaport of shipment from the EU.
Client: EU engineering company selling industrial equipment
Trading countries: Spain, Estonia, Czech Republic, India
Transaction price: more than 7 million dollars for each contract
Task: to structure the transaction in order to reduce currency and tax risks, organize contracting and logistics support for shipments, ensure the interests of all participants in the supply chain
Savings: VAT excluded in all countries along the route of the goods, logistics is optimized, the average savings amounted to at least $1.5 million
SPECIAL CASE STUDY №2
Description of situation: The solution for this task was developed by our specialists based on knowledge of Turkish legislation. The contract holder is a non-resident company in Turkey, which supplies to the Turkish customer with goods manufactured by the Turkish sub-supplier. The goal of the study was a shipment algorithm, in which the Turkish manufacturer would not have to pay VAT in Turkey when selling goods to a non-resident, and the burden of paying VAT would fall on the shoulders of the final Turkish customer. The final solution was formed through a combination of customs regimes, under which the goods are formally exported from Turkey. This method satisfies the interests of the contract holder and the manufacturer, since both companies are exempt from most customs and tax payments, and transit costs are much less than potential VAT costs.
Client: Turkish manufacturer and EU engineering company trading in industrial equipment
Trading countries: EU, Turkey
Transaction value: The total value of the transactions was nearly $10 million
Task: provision of consulting services, services for the preparation of draft documents
Savings: VAT was excluded along the route of the goods, logistics was optimized, savings amounted to more than $0.8 million
SPECIAL CASE STUDY №3
Description of situation: For several years, a subscription service has been provided for a major EU supplier of valve engineering, a manufacturer of equipment for industrial utilities. A wide range of services provided includes many areas of foreign economic activity: logistics, customs, financial, accounting, legal tasks. Subscription service for this client has become the most optimal form of cooperation
Client: EU engineering company trading in industrial equipment
Trading countries: Italy (+ rest EU), Turkey, Kazakhstan, China, India
Transaction price: legal security of the client, confidentiality regime in relation to client data.
Task: organize legal procedures for changing the name of a company registered in the state of Delaware (USA) with its subsequent liquidation.
Result: the company's reporting was brought into line with the requirements of state laws, successful negotiations were held with the co owner of the company about upcoming corporate changes, legal support of procedures was organized, the company was successfully liquidated without litigation
PARTNERSHIP MATRIX
CONTACTS
WOTS ULUSLARARASI DIŞ TİCARET VE DANIŞMANLIK LİMİTED ŞİRKETİ
Legal address: SÜMER SK. SUMKO SIT. G 5 BL.NO:3FH/5, KADIKÖY, ISTANBUL, TURKEY
Office address: SÜMER SK. SUMKO SIT. M-2/B Blok Da:5, KADIKÖY, ISTANBUL, TURKEY
For purchase requests: sales@wots-tr.com
For logistic and custom services requests: log@wots-tr.com
For partnership and other issues: info@wots-tr.com
Tel. +90 534 054 4882
WOTS helps companies from all over the World to trade.
We know the trade! Efficiency in trade – WOTS