Extension of the "No Penalty" Time Limit for Voluntary Disclosures by AEO Enterprises in China

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To improve satisfaction among Advanced Certification Enterprises (AEO Enterprises in China), the General Administration of Customs (GACC) has recently clarified the extension of the time limit for AEO enterprises to make voluntary disclosures without facing administrative penalties.

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Topics: China, AEO, Customs, Trade Compliance

Turning Tides for the AEO Program in Japan

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The benefits offered to Japanese Authorized Economic Operators (hereafter “AEO”s) are characterized in a wide variety of ways. In recent years, the number of benefits has developed gradually, reflecting opinions and feedback from AEO participants.

Additionally, the administrative procedures that previously burdened the participators have been adjusted.

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Topics: Asia, AEO

Evolving Authorized Economic Operator (AEO) program in South Korea

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AEO is a well-known regime in many countries, and not something new. But this program is continuously evolving to attract more potential participators.

The evolution is not only in regards to the benefits you can enjoy in South Korea, but also occurs in terms of the procedural aspects of obtaining and maintaining AEO accreditation and Mutual Recognition Agreements/Arrangements(MRAs).

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Topics: Asia, AEO

China's AEO Program: A Key to Streamlined Trade

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AEO stands for Authorized Economic Operator, which is the collective name of high-credit enterprises certified by Customs around the world. You, as an importer and/or exporter, can also be an AEO participant in the international circulation of goods. In China, the official name of AEO is Advanced Certified Enterprise.

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Topics: Asia, AEO

Want to Apply for a Customs Procedure: Are You AEO-Ready?

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Customs Procedures become increasingly attractive to companies with higher exposure to duties as their business grows through expansion or as they try to enter new markets. Customs Procedures can greatly reduce the duty burden on a company, ensuring that duties are paid when goods are sold as opposed to when they are brought into the European Union or simply not paid because a destination outside the Union has been found for the goods.

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Topics: Europe, AEO