Regulations Governing the Certification and Management of the Authorized Economic Operators Article 3

An AEO is entitled to apply for providing an affidavit as the substitute of a security of duties, taxes, and other charges to clear customs, if the AEO:1. has been running a factory established pursuant to the Regulations Governing the Administration and Counseling of Manufacturers and other relevant regulations;2. has been running business for five years or more, with annual sales of NTD 500 million or more in the most recent three years, or has been running a bonded factory, or a self-management factory in one of the Science Parks, Technology Industrial Parks, or Agricultural Technology Parks for three years or more, with annual sales of NTD 300 million or more in the most recent three years and has been graded as excellent by the competent Customs office;3. has an annual import/export performance of USD 50 million or more and no record of deficit is found in each of the most recent three years; and4. has no record of serious violation of regulations in the most recent three years.Where an AEO owns both bonded and non-bonded factories and both factories are operated in the same Business Administration Number, such an AEO may also apply for providing an affidavit as the substitute of a security of duties, taxes, and other charges to clear customs, provided that this AEO meets the requirements prescribed in Subparagraph 1, the first part of Subparagraph 2, and Subparagraphs 3 and 4 of the preceding paragraph.Those applying an application for providing an affidavit as the substitute of a security of duties, taxes, and charges to clear customs shall be made to Customs together with a copy of proof documents relating to the factory registration and the statements of annual sales in each of the most recent three years.