Companies within the EU can apply for the status of “Authorized Economic Operator” (AEO) to benefit from customs privileges, including financial benefits and simplified clearance. AEO certification is open-ended and valid in all member states. It includes agreements for recognition by non-EU countries.
Authorized Economic Operators enjoy the following benefits, depending on the AEO status:
- Classification as reliable and trustworthy with customs
- Fewer document checks during customs clearance
- Fewer customs inspections
- Self-checks
- Exemption from presentation to customs
- Reduced security deposit for customs clearance
- Reduced security deposit for transit procedure
Certification as an Authorized Economic Operator is granted in three variants:
- AEO C: “customs simplifications” authorization
- AEO S: “security” authorization
- AEO C/S or AEO F: “customs simplifications and security” authorization (combined authorization)
To obtain certification, companies must meet basic requirements:
- Compliance with customs and tax regulations
- Functioning management system that enables customs controls
- Proven solvency
- Practical or professional qualification
- Security standards (for AEO S status)