Challenges and needs
Governments face significant challenges in protecting their revenue and enforcing their mandate to increase the tax base, improve voluntary compliance, control imports and exports, and facilitate international trade.
These challenges are further exacerbated by a lack of adequate tools and actionable data
Illicit trade directly impacts society. From citizens to businesses to government authorities, all aspects of society are affected by various causes.
Citizens are at risk of experiencing health & safety risks and are exposed to the results of soaring organised crime.
Businesses experience unfair market conditions, intellectual property infringements, return and warranty fraud, and counterfeiting.
Most importantly, authorities cannot invest in the country's future due to decreased government revenue caused by unregistered taxpayers, fraudulent declarations, fictitious exports, and tax evasion.