According to the Union Customs Code, authorised economic operators (AEOs) are entitled to a reduction of the guarantee required for customs debt.
The amount of guarantee required for customs debt is 30 % and for value added tax it is either 0 % (guarantee valid only in Finland) or 30 % (EU-wide guarantee).
Financial solidity requirements for AEO operators
Guarantee category | Equity ratio | Payment behaviour | Procedural requirements |
---|---|---|---|
AB | ≥ 10 % | Acceptable | AEOC |