There is a lot of work involved in completing assessment , for an SME is it worth the time and effort , what are the gains?
This will depend on the benefits you hope to get out of the process. We often find with SMEs there are a number of customs liability risks which are identified and addressed as part of the preparation process. It is also a useful way to review and update any customs procedures ahead of Brexit. In addition, some SMEs see reduced losses and pilferage as a result of implementing better security provisions.
This answer was provided by Holly Tonge from Vartan Consultancy. For more information about how Vartan Consultancy can support you, visit their site at:
This question was asked as part of our webinar on Authorised Economic Operator status. You can watch the recording of this webinar at:
If you’d like to read more about AEO, read our article on it here: