The Superintendence of Tax Administration (SAT) has created the "Authorized Economic Operator" (AEO) legal vehicle, which allows qualified companies to streamline their import and export operations.
Under the regulations, all sectors in the logistics chain can be part of the AEO and involved in international trade of goods. They can be exporters, importers, shippers, customs brokers, logistics operators, port companies, suppliers, manufacturers, carriers and other actors who, after study and analysis from SAT, can access the benefit.
To join the AEO companies must comply with procedures developed by SAT. The requirements include administrative, human resource and safety issues. These can be consulted in procedure PRO-IA-DN-UNP-01.08, in section on specific rules for submission of applications and requirements, available at webwww.sat.gob.gt (customs category and sub category Guatemala AEO).
According to SAT, the application to AEO is no cost before customs but it is likely that applicants may incur in costs to meet the standards contained in the requirement list.
• Reduction in percentage of immediate verification in the form of risk management.
• Right to personal attention by an official.
• Ability to be recognized as AEO by customs services of other countries with similar programs which have signed mutual recognition agreement.
• Right to receive specialized training by SAT.
• Simplification and streamlining customs clearance operations.
• Be seen in new programs aimed at facilitating clearance of goods.
• Priority attention in trade shock situations or high levels of threat at ports, airports and borders.
Source: Chamber of Industry of Guatemala
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