Audit Objective: Regional Value Content (RVC)
All TradeProofs audits enforce the 40% ASEAN value-added threshold. Verification is a non-negotiable requirement for all goods claiming preferential origin under ATIGA or RCEP.
The Formula:
Regional Value Content (RVC) Calculation:
RVC = [(VOM + VDL + VOH + VOA + Profit) / FOB] x 100%
- VOM: Value of Originating Materials
- VDL: Direct Labor Cost
- VOH: Direct Overhead Cost
- VOA: Other Costs
- FOB: Free on Board Price
Integrity Standard: No exaggerated claims. Only audited data.