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According to our estimates, compliance costs can be reduced by approximately 20% from the current figure. It is a process that begins from afar and that will tend more and more to expand. In fact, in addition to the common procedures, with the “Decree of Simplifications”, the Government has entrusted the General Manager of Adm with the power to designate free zones.
With what impact?
Remarkable. A company that establishes its production in one of these free zones does not have to bear border duties, such as import duties and VAT, on the goods introduced, in addition to benefiting from income tax concessions. In essence, customs flows are simplified and, in these areas, merchandise can undergo all the transformation processes typical of our manufacturing companies, to finally be exported, generating cost savings that, as we anticipate, we prudently estimate at least. 20 percent.
However, simplification cannot lead to a reduction in the guard against fraud.
No, far from it. Taking this into account of the simplification and contextual attention to the fight against fraud, we have provided, with circular 49/2020, a simplified administrative procedure for the authorization of authorized places other than customs areas where to carry out the procedures related to the export, an initiative that becomes a central point of the entire Brexit operation. Those who have to send the goods to the United Kingdom can obtain an authorization for their production site to become a place authorized to carry out customs controls, requesting this decision through a standard form that certifies the requirements of the place itself and obtaining the execution. inspection by the competent offices in a simplified way, remotely.
