US: GUIDE TO “DEEMED EXPORT” LICENCES FOR FOREIGN EMPLOYEES

Torres Law in the US has produced a guide saying that releases of export-controlled items to foreign person employees are deemed to be equivalent to exporting those same commodities to the home country of the foreign person, regardless of where the release or transfer takes place.  This concept, commonly referred to as the “deemed export” rule, is most often encountered in the context of an employer releasing export-controlled items, technology, or software to foreign person employees.  The firm says it has produced the guide to assist employers in determining whether a deemed export licence is needed for their foreign person employees, and to help them gather the information necessary to complete an export licence submission should it be required.

https://torrestradeadvisory.com/guide-to-foreign-person-deemed-export-licenses/

 

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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