For businesses importing goods from outside the EU, complying with customs regulations can really help save your business money by minimising risks and reducing costs.
Customs Compliance | ||
Customs Compliance is a fundamental area of customs management. Incorrect customs entries could result in a range of problems, impacting your business imports | ||
Customs Risks | Customs Penalties | Authorised Economic Operator Status (AEO) |
Extra customs duty demands & liability for debts Loss of duty relief Seizure of goods Delays clearing customs |
Negative impact on relationship with customs authorities Retrospective customs duty demands Loss of eligibility to AEO Personal penalties (in the UK) |
Shows that you are a secure link in the supply chain Demonstrates that customs processes are compliant and efficient |
How Customs Connect works with you to improve Customs Compliance in your business | ||
Spotting these risks Suggest and implement processes to mitigate these risks |
Periodic monitoring Customs Audit to help put processes in place to mitigate any penalties |
Bespoke application process Consistent monitoring to spot any risk Ensuring compliance to be eligible for AEO |