The Vietnam Trade Office previously published information, after the deadline of June 30, 2020, the EU, Norway, and Switzerland customs authorities did not accept C / O form A to enjoy tariff preferences under GSP. The EU side requires businesses to register for REX codes as soon as possible.
On January 1, 2019, Vietnam officially applied the mechanism for exporters to register themselves for self-certification of origin of goods (REX) under the universal preferential tariff regime (GSP) and the time to register REX codes. until the end of June 30, 2020.
Since the beginning of 2019, the Ministry of Industry and Trade has regularly monitored the progress and urged the Vietnam Chamber of Commerce and Industry (VCCI) to register REX codes for Vietnamese enterprises.
According to recent VCCI report data, by the end of June 30, 2020, only 2,464 REX codes have been registered and operating (accounting for 82.35% of the total number of registered documents). register online REX code is 2,992 records).
Due to the impact of the Covid-19 epidemic, the EC issued the implementation regulation No. 2020/750 on June 5, 2020 on renewing the registration time of REX codes until the end of December 31, 2020 and approved by the EC on 20/7/2020.
To ensure the progress of implementing the REX mechanism, without affecting the opportunity to enjoy tax incentives under GSP, we suggest businesses to actively grasp information, promptly contact VCCI for guidance and registration. REX codes to meet regulatory requirements