- The draft law aims to abolish the Cuxhaven free zone and amend other customs regulations
- The Cuxhaven free zone is to be abolished due to lack of economic need and excessive administrative burden
- The draft law also updates penalty provisions in the Customs Administration Act and merges existing sections
- The penalty framework for violations is increased to at least €30,000 to align with other laws
- The draft law includes editorial changes in the Tax Code and adjustments to other related laws
- The draft law was referred to committees for further discussion and may come into effect in 2025 or 2026
- The Customs Regulation is not affected by the updates in this draft law and remains unchanged due to lack of specificity.
Source: awb-international.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
