OPTI IncFeb 24, 2023 1:00:00 AM< 1 min read

WHAT IS ICS2 AND WHY DO JAPANESE COMPANIES NEED EORI NUMBERS?

introduction

ICS2 is an abbreviation for Import Control System 2, a system introduced to improve import customs procedures within the European Union. Without compliance with this system, goods cannot be exported to the European Union. Japanese companies shipping goods to the European Union must be ICS2 compliant. This article explains ICS2 in detail and why Japanese companies need to comply when shipping goods to the European Union.

WHAT IS ICS2?

ICS2 IS A SYSTEM INTRODUCED TO IMPROVE IMPORT CUSTOMS PROCEDURES WITHIN THE EUROPEAN UNION. ICS2 ALLOWS CUSTOMS AUTHORITIES TO RECEIVE INFORMATION ON GOODS TO BE IMPORTED IN ADVANCE AND TO PROCESS THEM BEFORE THEY ARRIVE. THIS REDUCES DELAYS IN IMPORT PROCEDURES AND PREVENTS THE IMPORTATION OF UNAUTHORIZED GOODS.

Why Japanese companies need to take action when shipping goods to the European Union

JAPANESE COMPANIES DELIVERING GOODS TO THE EUROPEAN UNION MUST BE ICS2 COMPLIANT; WITHOUT ICS2 COMPLIANCE, GOODS CANNOT BE EXPORTED TO THE EUROPEAN UNION. SPECIFICALLY, INFORMATION REGARDING THE GOODS TO BE EXPORTED MUST BE PROVIDED IN ADVANCE. IN ADDITION, IN ORDER TO EXPEDITE AND STREAMLINE THE CUSTOMS PROCESS, GOODS MUST BE REGISTERED IN ICS2 BEFORE THEY CAN BE DELIVERED TO THE EUROPEAN UNION. THIS ALLOWS THE CUSTOMS AUTHORITIES TO RECEIVE INFORMATION ABOUT THE GOODS IN ADVANCE AND FACILITATES THE IMPORT PROCESS.

WHY DO I NEED AN EORI NUMBER?

EORI NUMBERS ARE REQUIRED FOR IMPORT AND EXPORT OPERATIONS IN THE EUROPEAN UNION, AND ARE NECESSARY FOR JAPANESE COMPANIES SHIPPING GOODS TO THE EUROPEAN UNION. WITHOUT AN EORI NUMBER, CUSTOMS PROCEDURES MAY BE DELAYED AND YOU MAY NOT BE ABLE TO RESPOND TO INQUIRIES FROM CUSTOMS AUTHORITIES.

Conclusion.

IN THIS ARTICLE, WE EXPLAINED ICS2 IN DETAIL AND EXPLAINED WHY JAPANESE COMPANIES NEED TO TAKE ACTION WHEN SHIPPING GOODS TO THE EUROPEAN UNION. WE ALSO EXPLAINED WHY AN EORI NUMBER IS NECESSARY. IT IS NECESSARY FOR JAPANESE COMPANIES TO COMPLY WITH ICS2 WHEN SHIPPING GOODS TO THE EUROPEAN UNION, AND IT IS ALSO IMPORTANT TO OBTAIN AN EORI NUMBER.

OPTI Inc

After studying abroad at the University of Texas, he managed overseas sales companies at Seiko Instruments Inc. and worked in financial sales at ORIX's overseas subsidiaries. He developed new tax consulting solutions in Japan and gained more than 100 clients. In 2010, he and his colleagues spun out and established Opti Corporation on November 11, 2010. He has been commissioned by the Ministry of Economy, Trade and Industry (METI), Japan External Trade Organization (JETRO), and other organizations to provide consulting and write tax articles on European value-added tax. Currently, the tax and data divisions provide services to over 400 clients, mainly major manufacturing companies. In 2012, he acquired the primary distributor rights in Japan for "OneSource," a corporate database developed by Avention, Inc. of the U.S. On January 10, 2013, he established OneSource Japan, Inc. as a group company and became its representative director. OneSource Japan Inc. has developed the service in Japan together with Nikkei Media Marketing Inc. as a sales agent, and has now established the service as a service used by many companies in the consulting industry and financial institutions. In January 2016, he was appointed as Japan Country Manager for Tax Back International, one of the world's largest VAT refund providers, and is currently developing Tax Back's services in Japan.