As part of our BREXIT readiness programme, we have been granted AEO status by Irish Revenue
AEO status is a certified standard authorisation issued by customs administrations in the European Union. It demonstrates that an economic operator has met certain standards in relation to:
- safety and security
- systems to manage commercial records
- compliance with customs rules
- financial solvency &
- practical standards of competence or professional qualifications
This is primarily a trade facilitation measure that recognises reliable operators and encourages best practice in the international supply chain. Benefits can be outlined as follows:
- recognition worldwide as safe, secure and compliant business partners in international trade
- lower risk scores in risk analysis systems when profiling
- priority treatment if physical controls are conducted
- mutual recognition of AEO programmes under Joint Customs Co-operation
Agreements which could result in faster movement of goods through third country borders
Reduced data sets for entry and exit summary declaration (this only applies to AEO safety and security)
Easier access to simplified procedures
Reduction or waiver of comprehensive guarantees