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AEO F Status granted

KTB has been awarded the prestigious Authorized Economic Operator (AEO) by the Customs Authority.

With effect from 5th April 2011, KTB Import-Export Handelsgesellschaft mbH & Co. KG is the possessor of AEO F certificate DE AEOF 106391.

AEO

Authorized Economic Operator
AEO-Certificate No. DE AEOF 106391
Issued: March, 21st 2011
Issued by: Hauptzollamt Hamburg-Hafen
Valid from: April, 5th 2011
Certificate type: AEOF
Customs simplifications/Security and safety
Holder: KTB Import-Export Handelsgesellschaft mbH & Co. KG
EORI-No.: DE2143879
Registry & Registration: HRA74400
VAT ID No.: DE1188599311

An Authorized Economic Operator (AEO) has a special status:

It is recognised as a most reliable, trustworthy organisation.

KTB Import-Export Handelsgesellschaft mbH & Co. KG has thus become part of the "secure supply chain", the objective of which is to ensure the safety and security of the international supply chain.

AEO Certification is granted in one of three categories:

  • Simplification by Customs Law (AEO C)
  • Security and Safety (AEO S), or
  • Simplification by Customs Law /Security and Safety (AEO F)

KTB received the highest category, AEO F.

AEO Status dramatically speeds up the flow of goods and materials through customs, an important consideration for companies operating internationally. For this reason it has started to play a key role in the selection of suppliers. AEO accredited companies are entitled to privileges with regard to security and safety-related customs inspections, and simplification of otherwise complex customs regulations.

AEO Status offers shippers advantages that include privileged and expedited customs clearance, control and confirmation of certificates of origin and community status, and the shortening of advance notification terms.

In order to apply for AEO Status, companies need to demonstrate testable customs and financial accounting as well as proven financial security. Furthermore, participating companies must have transparent organisation of their customs processes and appropriate security procedures against unauthorized access to goods or data.

The overall aim of the AEO programme is to provide security to the international supply chain.

Based on a stringent audit conducted at KTB by the Customs Authority on March 21st 2011, KTB now enjoys AEO Status, which is valid throughout the EU. It is also acknowledged in Japan and the USA.

You can find more information about the AEO concept on the website of the European Commission, in the Taxation and Customs Union area by following this link or on the website of the German Customs Administration.

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