Aeo lamp full form

The abbreviation AEO stands for “Authorised Economic Operator.” It is a status granted to an economic operator as a concept that is based on the partnership between customs and business. The AEO is used to determine a reliable and trustworthiness of the economic operator.

The reliability of the AEO will be assessed on the basis of the following criteria:

• Compliance with customs legislation
• Satisfactory accounting system
• Solvency and appropriate security standards

The status allows companies to obtain simplified procedures for security-related customs controls and / or simplifications in accordance with customs legislation.

There are different certificates that allow different permissions:

• AEO authorisation “Customs Simplifications” (AEOC)
• AEO grant “Security” (AEOS)
• AEO authorisation “Customs Simplifications and Security” (AEOC and AEOS – the so-called combined authorisation)