Authorised Economic Operator (AEO) Authorisation
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Overview
Over the last 15-20 years, Authorised Economic Operator (AEO) status has become an internationally recognised quality standard or kitemark demonstrating that a company’s role in international supply is secure and that its customs control procedures have met the very highest standards.
There are 3 types of status depending on whether a company wants to be recognised for customs compliance excellence, safety and security measures, or both i.e. AEOC, AEOS, or both. Companies typically apply for this kitemark due to the numerous benefits it can deliver, most notably:
- Improved ease and speed in obtaining customs simplifications and authorisations (IP, OP, etc.)
- Reduced risk score leading to less customs documentary checks and inspections of your goods
- A guarantee waiver up to the level of your Duty Deferment Account (DDA) meaning you don’t need to obtain a customs comprehensive guarantee
- Priority treatment of your consignments at customs
- Reduces entry and exit summary declarations requirements
- Global recognition and reciprocal arrangements i.e. UK AEO status is widely recognised amongst global customs authorities across the EU, Japan, China, the US, Switzerland, and New Zealand.
Global Trade Department has worked with several clients to help them achieve this standard, considered to be a form of trust or self-auditing by HMRC. We are familiar with the evidence companies must show to demonstrate excellent standards of tax and customs compliance, record keeping, financial solvency, competence and professional qualifications, and safety and security.
This experience helps to shorten the time taken to obtain the authorisation and also improve the likelihood of being successful on first application.
























