Shannon Development Corporate Website

Destination of Irish Exports

Jan - July '04

%

EU

62

US

20

Switzerland

3

Japan

3

Hong Kong/Singapore

2

Rest of World

10

Source: Central Statistics Office, October 2004

Customs Benefits of a Free Zone


Customs Duties:-






The duty deferral and VAT features of Shannon Free Zone provide important cash flow benefits to companies using the Zone to serve the EU market



Single Administrative Document (SAD):-


The Single Administrative Document (SAD), created in 1998, is a standardized, simplified document, which has replaced most of the customs declarations forms existing in member states of the EU.  This document is required for exporting, importing or transporting “goods in transit” within the European Union or the European Free Trade Area (Iceland, Switzerland, Norway & Lichtenstein).