Benefits of the AEO
KOREA AEO ASSOCIATION
Benefits of the AEO
Benefits of AEO Program
For AEOs...
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Simplified process and inspection
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Less financial burden
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Other multiple benefits
Preferential rist management is granted for AEOs
Businesses recognized as AEO enjoy various benefits, such as simplified inspections and clearance procedures, less financial burden, and other multiple benefits. Also, preferential risk management is granted for AEOs from now on, let's go through AEO benefits that granted by major countries.
The benefits offered by Korea Customs
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Fast clearance
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Exemption from
Customs Audit and Preferential treatment in duty payment -
Benefits for the License
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Preferential treatment to CEO
Korea Customs grant proper benefits to the participants in return. It includes that :
Clearance : reduced inspection rate, ERP-based import/export declaration, priority clearance when selected for inspection
Exemption from Customs Audit and Preferential treatment in duty payment : exemption from Customs Audit,
foreign currency transaction audit and the obligation to deposit collateral, increased ceiling on monthly deferred payment of duties
Benefits for the License : extension of permission and license, collective report of bonded transport declaration
Convenience : Preferential treatment to CEO such as priority inspection at airport