Customs procedures

IOR – EOR

EOR: Exporter of Records. IOR: Importer of Record. Two concepts conceptualised by FISCALEAD, based on what is already done in the USA or in other countries or customs unions, and which are the response to two locks intended for non-EU operators.

• For exports first: the definition of an exporter is set out in Article 1(19) of RD (EU) 2015/2446, which restrictively states that the exporter can only be a person established in the customs territory of the European Union.
• Lastly, for imports: The Union Customs Code (UCC) requires any company not established in the European Union to appoint an indirect customs representative to complete its import formalities. As an indirect representative, your RDE is jointly and severally liable for all customs and tax debts relating to your operations. This applies both to duties and taxes and to any penalties.

So, for both exports and imports, a non-EU company wishing to carry out transactions in the European Union now has only three possible choices:

• Find an indirect customs representative who is not reluctant to accept joint and several liability;
• Open a company in the European Union and/or a permanent establishment which, within the meaning of Article 5 (32) of the CDU ;
• Choose FISCALEAD as the IOR – EOR.

Carbon Border Adjustment Mechanism

The Carbon Border Adjustment Mechanism (CBAM) is at the heart of European and international climate policy. The mechanism aims to protect European industries against unbalanced competition in 6 categories of “MACF goods” and to reduce global greenhouse gas emissions. The aim is to combat carbon leakage. Carbon leakage occurs when producers relocate their production to countries where the costs associated with carbon emissions are lower.

While the aim is to protect European manufacturers, the introduction of the MACF has had de facto adverse effects.

The gradual deployment of the MACF has had a significant economic impact on European manufacturers, particularly :

• They need to ask their supplier for all the information they need about production processes, the different stages and their carbon impact;
• Their supplier is under no obligation to provide them with this information accurately and exhaustively, so gathering the required information can be a challenge.
• European manufacturers are faced with a new reporting and soon financial obligation for their imports of finished products, semi-finished products or raw materials defined as MACF goods. We can help.

AEO Authorisation Assistance

What is the AEO?

The AEO is a certification issued by the customs authorities to economic operators who meet specific criteria in terms of safety, security and trade flow management. It aims to facilitate and secure international trade by granting a number of advantages to certified companies.

Types of AEO Certification

There are two main categories of AEO certification: AEO-S (Safety and Security) and AEO-C (Customs Simplifications). Each offers specific advantages depending on the company’s needs and activities:

• The AEO S mainly concerns the safety and security of goods, installations and personnel.
• The AEO C aims to simplify customs procedures and facilitate trade.

Eligibility criteria

They are based on financial solvency, compliance with customs regulations, securing the flow of goods and the efficiency of internal procedures.

The AEO certification process comprises several key stages:

1. Submitting the application: The first step is to submit a complete application to the relevant customs authority, together with all the required documents.
2. Assessment of the file: The customs authority assesses the file to check that all the requirements have been met.
3. On-site audit: If the file is deemed compliant, an audit is carried out by the customs authorities to verify that the safety and security standards have been effectively implemented.
4. Decision: At the end of the audit, the customs authority takes a decision on whether or not to grant AEO status.

Let’s move forward together!