Event Details

AEO status went live within the EU on the 1st January 2008, and although it's not currently mandatory, companies involved in the export/import process will have a commercial decision to make as to whether they apply for this Security and Customs status. This is not for the faint-hearted and anyone looking into the AEO standards criteria will recognise that this is a major project involving many key personnel in the business.

The EU see AEO as a key component within the Modernised Customs Code changes and although still not mandatory, AEO will provide Customs with the confidence they need to grant authorisations for specific regimes like: Inward Processing, Simplified Entry Procedures (CFSP) and Warehousing. Therefore, any trader who currently enjoys the benefits of these regimes will need to consider AEO very seriously or their business could be affected. Customs will use AEO in order to judge a traders "risk score" when granting Duty/VAT relief authorisations post 2014.