Within this client case study, we outline how Customs Support provided an existing client, with full-service solutions to their operations in Belgium, Germany, and The Netherlands. With a focus on compliance in a global landscape.
Within this client case study, we outline how Customs Support provided an existing client, with Europe-wide, end-to-end, full-service solutions to their extensive global trade operations.
The trust mark has been adopted by traders and logistics service providers around the globe. But, how important is it for you to get AEO status? And what are the benefits? The benefits of AEO status depend on the type of business you are conducting and the type of license you acquire.
Goods classification, together with the country of origin and customs value, is used by the customs authority to determine the number of import duties or other levies that need to be paid. Customs Authorities may find you are using the wrong HS Code when they check one of your shipments. When you are AEO Certified, the Customs Authority periodically audits your company. During these audits, they also check the quality of your product classifications.
We foresee continued growth in the number of Authorised Economic Operators in the Netherlands, mainly due to the way that Dutch customs authorities need to focus on inspecting shipments that present the most risk.
The Authorised Economic Operator (AEO) initiative started in the EU in 2008, and has spread across the world as a benchmark for customs compliance in supply chains.
Authorised Economic Operator (AEO) status holders benefit from simplified customs procedures due to their trading practices being audited and proven compliant. This allows them to trade at a reduced risk of customs inspections.
Being part of a supply chain with authorized economic operators means being part of a reliable supply chain. For more and more companies it is becoming a requirement rather than a preference.