12. 4. 2016

New Union Customs Code

The new Union Customs Code of the European Union (UCC), adopted by Regulation (EU) No 952/2013 of the European Parliament and of the Council, will enter into force on 1 May 2016.

Amongst the changes introduced by the UCC are: (i) the centralized customs clearance and automatization of the customs process; (ii) simplification and standardization of the customs process; (iii) the existing criteria and the conditions that have to be met by an authorized economic operator in order to be able to exercise the customs simplifications are expanded and new conditions are added to the UCC; (iv) the right to appeal the decisions of the customs authorities and the right of statement before a decision, which could have negative consequences, is introduced; and (v) the taxability of royalties, irrespective of whether the goods were sold to the customer and/or irrespective of whether the royalties were charged to the customer.

In addition to other changes and simplifications, the UCC provides for all data to be exchanged and stored electronically. The full establishment of such compulsory electronic exchange and storage of data environment should be done in the transitional period, which expires on 31 December 2020.

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