Since 21 September 2017, the Free Trade Agreement between Canada and the EU has been provisionally applicable. At the beginning of 2018, the registered exporters (REX) the approved exporter. Companies that have not yet applied for REX status should now act as quickly as possible.
Transition period for approved exporters expires
Exporters wishing to benefit from CETA tariff preferences must issue declarations of origin. All exporters are entitled to do so provided that the value of the originating products does not exceed €6,000. However, if the value is higher, only registered exporters (REX) and, under a transitional scheme still in force, holders of an existing authorisation as authorised exporter (EA) are authorised to do so.
However, this transitional arrangement expires at the end of the year. From 01.01.2018, the authorised exporter will be completely replaced by the registered exporter under CETA. From then on, when CETA declarations of origin are issued, the REX number must be entered if the value of the preferential goods exceeds EUR 6,000. Companies that have not yet registered should now deal with an application as quickly as possible if they wish to make use of CETA’s customs benefits in the coming year.
We answer your questions about CETA.
Your contact person
Dr. Tristan WegnerABC-Str. 2120354 Hamburg