Is your business part of the EU customs operation?
HMRC has revised guidance for businesses whose work is connected with the international supply chain in Europe – such as carriers, logistics operators, freight forwarders and warehouse keepers – and who might benefit from the Authorised Economic Operator (AEO) scheme.
There are three types of AEO certification – one relating to safety and security, the second relating to customs simplification, and the third incorporating both the first two certifications. To obtain any, a business must meet certain standards in its operation which allows HMRC to consider it a “reliable operator”. AEO status acts as a “kite mark” for the industry and confers various benefits on its holders. These could include, for example, consignments being fast-tracked through customs controls where possible, or a simplified declaration procedure when goods are being moved around.
The updated guidance has alterations and additional guidance on who can apply for AEO certification, what criteria they will be assessed on, and clarification of where an International Supply Chain is deemed to begin and end.