How EY can help
One of our key focus areas is examining and taking advantage of saving opportunities. We have completed many successful projects, and with our help you could also achieve customs savings quickly and without risks.
Customs legislation may allow companies to import goods - that are used for manufacturing - from outside the European Union without having to pay customs duties (or applying lower customs duty rates). This can result in significant customs duty savings.
Based on our experience, companies do not utilize the potential customs savings opportunities available, and as a result they are overpaying their customs duties.
If you
- pay a considerable amount of customs duties on goods acquired from non-EU countries,
- plan investments, or your activities are changing, resulting in an increased acquisition of goods from outside the EU,
it is likely that we could achieve significant customs savings for you in the future, or even retroactively.