The customs regime determines the legal status of merchandise before its entry into a given territory. It outlines the necessary formalities to be filled with regards to administration and customs authorities of a country in order to obtain free circulation of goods on a national scale. This legal obligation involves the concurrence of several sectors with differing interests from an economical point of view.
The use of regimes aims to achieve many objectives. They can optimize the management of inflow in order to facilitate the distribution of imported goods. What’s more, the companies concerned pay duties and taxes for rapid and economical transit and distribution of their goods.
regimes are characterized by their great flexibility in response to evolving needs. They are also able to respond in line with the specific constraints of the various activity sectors.
We can distinguish 3 main families of international regulations. They group together several regimes:
Imports under the bonded procedure benefit from tax exemptions during a period of two years. Once this period is over, proceeds to taxation or the importer may request an extension of status.
For entry into free zones, authorities take charge of the market values of goods for an unlimited duration.
The decision to grant a regime depends on the application put forward. The application must be precise and highly rigorous regarding administrative formalities. They include:
It is important to note that authorization is accorded permanently in form only. It can evolve in accordance with the needs of the applicant or change in line with the latest regulations. Any modifications unknown to authorities must be declared.
When goods are to be handled by authorities, application of the regime operates in five main steps:
Regulation 53/PR/of 4 May 2004
Directive n°80 – 097/PR/FI of 30 July 1980