Rip Curl recently received the first National Centralised Customs Clearance Certificate (France) with their system setting an example for other brands to use when it comes to on-site customs clearance.
On March 22nd, CEO of Rip Curl Europe Wilco Prins received the first National Centralised Customs Clearance Certificate from the hands of the regional customs authority. It was at the brand’s headquarters that the customs services held their annual review with Rip Curl setting an example when it comes to on-site customs clearance.
With a bonded warehouse (suspensory for fees and taxes) on their premises since 1993, Rip Curl carries out customs clearance operations on their merchandise internally. By separating the administrative management of the flux of merchandise concerned, Rip Curl benefits from numerous advantages: reduced storage costs, cash flow gains and better commercial reactivity by getting their products quicker. With this centralised customs clearance procedure, Rip Curl benefit from a unique contact for their merchandise at all points of entry into the country.
Also, the brand operates a VAT reverse-charge on its imports directly managed by the French fiscal services without going through customs.