Customs Regulations in Europe
Tips & Advice to help you make your decision on Customs Regulations in Europe
In order to take your business overseas, you will need to be comfortable of the customs regulations in Europe. These custom regulations are vital because they will determine what businesses can do business in European countries. These rules are also quite confusing, especially because each country has its own set of rules. Past the rules, public companies must report their import and export information if their sales total up to a certain number within the course of a year. Companies who are a part of the import/export trade industry may require special training. You need detailed information concerning the regulations for each country. Your company will also need access to the rules regarding taxation on all of your imported goods and services. There are travel forms and tariff resources that keep you in line with the regulations.
Last but not least, you will need to understand the international trade laws as well as European import duties. Customs regulations in Europe can be a living hell if you are not prepared or informed. These export and import regulations are exclusive to the particular area. You can learn more about your options, look to these resources for more assistance.
Customs Regulations in Europe Key Terms
Key terms for dealing with European customs regulationsBy B. Lumadue If you want to trade in Europe, or you are bringing back goods from vacation, you need to learn about European customs regulations. Regulations, tariffs and taxes can increase the price of goods, affecting your profit and income. Each country within the European Union has its own regulations, making it harder to determine which ones apply to your goods or business. In addition, items brought into the United States are subject to United States Customs regulations. Get to know some of the basic terms of European customs regulations to make the right choices for your business.
Individual countries
There are more than 25 countries within the European Union and each has its own customs regulations, in addition to general European Union (EU) regulations. Many are similar, with limits on items like alcohol and tobacco products.
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See the European Travel Commission for general customs guidelines and a map that allows you to access customs regulations by country.
Traveler entry forms
All travelers to the United States, even citizens returning to the country, must fill out a US Customs and Border Protection (CBP) entry form upon arrival. These forms record information about what is being brought into the United States.
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Get information about CBP Traveler Entry Forms from the Department of Homeland Security website.
Tariffs
Tariffs are charges placed on imported products. In the United States, tariffs are imposed on products imported from the European Union. Countries within the EU place tariffs on goods imported from the United States.
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Visit the United States Census Bureau for more information on tariffs.
Agricultural import duty
Import duties are tariffs payable on imports from the United States. The same duty rates are applicable to each country in the European Union, but some countries may have lower rates due to trade agreements. Products that are classified as agricultural may require additional duties on certain components, such as sugar and flour.
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See the Foreign Agricultural Service for an explanation of agricultural import duties and classes.
World Trade Organization
The World Trade Organization (WTO) establishes and monitors rules of trade between nations. Their activities include trade in telecommunications, intellectual property, agriculture, textiles and industrial products.
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Check out the World Trade Organization for more information about its role in international trade.
Value Added Tax
The Value Added Tax (VAT) is a consumption tax assessed on the value added to goods and services. It applies to goods and services sold within the EU. It does not apply to items offered for export, but imports to the EU are charged a VAT. Paid VAT is refunded when items are purchased in the EU to be exported or brought home.
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Visit the European Commission website for more information about the Value Added Tax. See EuropeforVisitors to get information about VAT refunds.
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