EU customs reform: Digital transformation of the European customs union picks up speed The European Union is facing the biggest reform of its customs union since it was founded in 1968. Following the agreement in principle by the EU member states in the Council at the...
Productnews & -updates
Pan-Euro-Mediterranean (PEM): upcoming changes to the preferential rules of origin
At the turn of the year 2024/2025, far-reaching changes came into effect in the area of origin of goods and preferences. These require adaptations of or GENESYS software as well as the cooperation of those responsible in the companies that use this software. The...
Effects of the BREXIT on the calculation of preferences
Despite the unexpectedly quick agreement with the UK at the end of 2020, there will be significant cuts as far as preference calculations are concerned. For example, the UK no longer benefits from the 40 valid free trade agreements negotiated by the EU on behalf of...
Order-related preference calculation
Configurable materials with SAP S/4 HANA For companies that do not have a series production but a single-item production and thus generate a new bill of material for each order, the origin of goods and preference calculation must be carried out for each order item. In...