Advisory
Dear Valued Client,
We wish to inform you of a
significant update from the Bureau of Customs (BOC) that may positively impact
your importation activities.
Effective soon, the BOC will extend the validity of importer
accreditation from one (1) year to three (3) years, as part of its reform
initiatives under Customs Administrative Order No. 07-2022
This move aims to streamline processes, reduce administrative
burdens, and enhance transparency in customs operations.
Key Highlights:
- ✅ Automatic Renewal: Eligible importers will benefit
from automatic renewal of their accreditation, subject to
compliance with annual reporting requirements.
- 📄 Annual Reportorial Compliance: Importers must
submit an annual report 30 days before the anniversary of
their accreditation. This report should include updates to business
documents or information.
- 💰 Updated Processing Fee: The accreditation fee will
be adjusted from PHP 2,000 to PHP 5,000, valid for three
years.
- 📝 Revised Application Form: The form will include
additional fields to improve data accuracy and compliance monitoring.
This reform is aligned with President
Ferdinand R. Marcos Jr.’s directive to improve the ease of doing business and
reduce opportunities for corruption in government.
For your reference, you may access the full
details via BOC
allows automatic renewal of importer accreditation - PortCalls Asia and BOC
to extend importer’s accreditation to 3 years - PortCalls Asia