Import into the EU: Customs Clearance
The import process from Asia to the European Union is subject to a multitude of rules, regulations, and exemptions. Our customs experts can help you navigate this jungle of provisions.
With the help of our team, all of your goods will have the proper documentation needed for clearance. Aside from handling the customs issues, our experts will support you with choosing the right Incoterm and the most beneficial transport method.
Import of goods from Asia to the EU with MiLung Trade – hassle-free customs clearance
The trade between the European Union and an Asian country like China could be time-consuming and complicated. Specialized knowledge about the quantitative regulations, the necessary documents, and possible exemptions are needed in order to turn the customs clearance into a seamless process. Furthermore, a violation of customs regulations leads to confiscation of the consignment as well as high fines.
Entrust the customs processing of your order into our competent hands and you’ll see how easy importing goods from Asia to the European Union can be. Our skilled professionals will lend you a helping hand in regard to the three deciding factors of international trade:
Choosing the right Incoterm
Import declaration
Preparation of customs documents
1. Choosing the right Incoterm
Incoterms are international rules specifying the payment and delivery conditions between companies from different countries. Choosing the right one is crucial to your business, as this determines who needs to cover the costs for transport, insurance, and customs duties. Depending on the Incoterm, respective obligations lie on you or your supplier.
But why is selecting a beneficial Incoterm of such importance? The answer lies in the customs practices of the European Union. When importing from other countries to the EU, you have to pay an import sales tax for your goods to be cleared. The due amount is calculated using the value of your consignment. Important to know: this doesn’t solely include the value of the goods themselves, but also the costs for transportation and insurance. As you see, the Incoterm can make or break the profitability of a deal. Hence, negotiating beneficial terms of delivery for you is an integral part of our service.
2. Import declaration
Every import from Asia to the European Union must be declared to the customs authorities. The information presented in the documents determines the amount of import sales tax you have to pay. Additionally, the customs office has the right to examine every consignment from other countries that passes the border of the European Union. Discrepancies between the delivery value declared and the actual value can result in horrendous fines.
With our experts by your side, you won’t have to worry about the proper declaration of your imported goods. In close consultation with shipping partners, our team identifies the applicable customs tariff number and ensures that all the documents are duly completed.
Important to know: The amount of customs duties payable upon import is determined by the customs tariff number. Stating the wrong one can cause you to pay unnecessarily high duties or – even worse – to unknowingly commit tax evasion.
3. Preparation of customs documents
Declaring your goods for customs doesn’t suffice, they also need to be accompanied by the right set of documents. Examples are the commercial invoice, the certificate of origin, and/or a test certificate. The type, the weight, and the amount of the goods determine which documents are needed for clearing customs. Our import professionals can help you with obtaining and completing them.
RELIABILITY
Your reliable contact person for all questions relating to customs law.
TRANSPARENCY
Transparent creation of all customs documents.
EXPERIENCE
Years of experience in shipping and preparing customs papers within the EU.
EXPERTISE
Trained employees who are always up to date with the latest import and export regulations.
We’re happy to advise you!
Our team will help you clarify all the details and find the best solution for you.