Authorised Economic Operator

Authorised Economic Operator

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I work within the Aviation industry and one part of our operations involves shipping and storing aircraft engine parts. Our Warehouse team have requested investment so they can seek to acheive Authorised Economic Operator status with HMRC. They cite a change to the law due in May 2016 as a target date.

While they understand the benefits of AEO status, our Directors have asked me to investigate whether this is a "nice to have" or something we should be treating as a priority at the moment.

Having discussed this with some contacts in the Big 4 accounting firms it does not seem to be a particularly hot topic in similar companies. Does anybody out there have any knowledge or experience of the AEO accreditation that I may be able to call upon in my advice?

Any assistance greatly appreciated. 

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