Our company provides specialized customs services, for the INWARD and OUTWARD processing arrangements which are useful tools for the businesses that operate in the manufacturing chain. Specifically:
The status of Inward Processing (for Re-Export) gives manufacturing companies the opportunity to import raw materials from third countries being exempt from paying duties and taxes, in order to manufacture them into final products and re-export them to countries outside the EU. The inclusion of goods under the inward processing procedure requires the issuance of a special permit by the competent customs authorities.
The status of Outward Processing (for Re-Import) allows temporary export to non-EU countries. for processing and re-importation of derived products, with partial or total exemption from customs duties. The inclusion of goods in the outward processing procedure requires the issuance of a special permit by the competent customs authorities.