• Service: Tax & Legal, Indirect Tax Services
  • Industry: Infrastructure, Government and Healthcare, Transport & Logistics
  • Type: Business and industry issue
  • Date: 01/01/2009

Authorized Economic Operator: Securing the international supply chain 

In order to secure the international supply chain against acts of terrorism, Belgian customs have started granting Authorized Economic Operator (AEO) status to Belgian companies. If your company is featured in a customs declaration and/or involved in cross-border transport or logistic operations, you should consider AEO accreditation as, in the future, the lack of AEO accreditation may lead to a loss of trade. This fact sheet describes how KPMG Transport and Logistics can help you with getting the AEO accreditation.
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Simplified customs procedures: Reassessment based upon AEO criteria

January 1, 2008 was the starting date for the voluntary EU ‘Authorised Economic Operator – AEO’ program for customs and security. By the end of July 2010, 87 companies in Belgium, and 3000 companies within the EU, have already obtained the AEO status.