Toyota PH recognized by BOC as trusted trade partner

Toyota PH recognized by BOC as trusted trade partner

MANILA: Toyota Motor Philippines (TMP) recently received a Level 1 accreditation under the Bureau of Customs’ (BOC) Authorized Economic Operation (AEO) program.

KEY TAKEAWAYS

  • What will Toyota Motor Philippines (TMP) receive from the AEO accreditation from the Bureau of Customs (BOC)?

    TMP is exempted from the annual renewal of customs accreditation and self-assessment of duty and tax liabilities. BOC's dedicated help desk will assist TMP in customs-related matters.
  • The AEO program of the BOC was established in 2017 to help the Philippines commit further to international trade agreements and to similar programs of other countries, TMP explained in a release. 

    As administered by the BOC, the AEO program shall facilitate and secure international trade and increase the level of customs compliance, the company added.

    Under the program, TMP and other accredited companies are exempted from the annual renewal of customs accreditation and self-assessment of duty and tax liabilities.

    Toyota Batangas Vehicle Center (BVC)

    The BOC will assess and accept TMP’s goods declaration and trade documents. A help desk shall also be dedicated to assist TMP, as well as succeeding AEO members, on customs-related concerns.

    "Trade facilitation initiatives like the AEO Program complement the region’s efforts towards speedy (economic) recovery and are particularly beneficial to highly regionalized industries like automotive," TMP observed in a statement. 

    TMP Vice President for Manufacturing Michael Angelo and Vice President for Import-Export and Parts Management Imelda Cruz-Sincioco received the accreditation certificate from BOC. 

    Toyota BOC AEO Certification

    Photos from Toyota Motor Philippines

    Also read: Toyota PH has sold 2 million vehicles since 1988

    Dylan Afuang

    Dylan Afuang

    Growing up in the 2000s, Dylan browsed through car magazines before reading proper books, and watched motoring TV shows as often as he did cartoons. So, talking about cars came natural to him. His dream car is the Honda S2000.

    Read Full Bio

    Sell your car at the best price

    Verified and genuine buyers Verified and genuine buyers
    Free listing Free listing
    List your car

    Toyota Car Models

    • Toyota Hilux
      Toyota Hilux
    • Toyota Raize
      Toyota Raize
    • Toyota Vios
      Toyota Vios
    • Toyota Wigo
      Toyota Wigo
    • Toyota Avanza
      Toyota Avanza
    • Toyota Rush
      Toyota Rush
    • Toyota Innova
      Toyota Innova
    • Toyota Hiace
      Toyota Hiace
    • Toyota Fortuner
      Toyota Fortuner
    • Toyota Veloz
      Toyota Veloz
    Toyota Cars Price

    PIMS 2024

    You might also be interested in

    • News
    • Featured Stories
    • Upcoming
    • Toyota Vios 2024
      Toyota Vios 2024
      ₱832,000 Expected Price Manila
      Expected Launch TBA Alert Me When Launched
    • Toyota Tamaraw
      Toyota Tamaraw
      Price coming soon
      Expected Launch Dec, 2024 Alert Me When Launched

    Latest Toyota Car Videos on Zigwheels

    Zigwheels
    • 2024 Toyota Zenix V Spec Guide | Zigwheels.Ph
      2024 Toyota Zenix V Spec Guide | Zigwheels.Ph
      14 Nov, 2024 .
    • BEYOND ZERO Toyota Corolla Cross H2 Hydrogen Combustion Prototype Exclusive Look | Zigwheels.Ph
      BEYOND ZERO Toyota Corolla Cross H2 Hydrogen Combustion Prototype Exclusive Look | Zigwheels.Ph
      29 Oct, 2024 .
    • The Toyota Gazoo Racing Vios Cup Lives! | TGR Philippine Cup 2024 | Out and About Episode 1 | ZWVLOG
      The Toyota Gazoo Racing Vios Cup Lives! | TGR Philippine Cup 2024 | Out and About Episode 1 | ZWVLOG
      04 Oct, 2024 .
    • Toyota Avanza "Fit for Every Fam!" | Zigwheels.Ph
      Toyota Avanza "Fit for Every Fam!" | Zigwheels.Ph
      12 Sep, 2024 .
    • 2024 Toyota Zenix Q Hybrid Spec Guide | Zigwheels.Ph
      2024 Toyota Zenix Q Hybrid Spec Guide | Zigwheels.Ph
      23 Jul, 2024 .
    • Next-Generation Toyota Tamaraw Short Walkaround and First Look! | ZigWheels.PH
      Next-Generation Toyota Tamaraw Short Walkaround and First Look! | ZigWheels.PH
      04 Jun, 2024 .
    • 2024 Toyota Yaris Cross S HEV Review | Zigwheels.Ph
      2024 Toyota Yaris Cross S HEV Review | Zigwheels.Ph
      15 May, 2024 .
    • 2024 Toyota Yaris Cross S HEV Spec Guide | Zigwheels.Ph
      2024 Toyota Yaris Cross S HEV Spec Guide | Zigwheels.Ph
      15 May, 2024 .
    • Top Features of 2024 Corolla Cross Hybrid | Specs Guide
      Top Features of 2024 Corolla Cross Hybrid | Specs Guide
      18 Apr, 2024 .
    • 2024 Toyota Corolla Cross 1.8 G Hybrid First Look | Zigwheels.Ph
      2024 Toyota Corolla Cross 1.8 G Hybrid First Look | Zigwheels.Ph
      12 Apr, 2024 .
    Latest Toyota Car Videos

    Toyota Car Articles From Carmudi

    • journal
    • Toyota Motor PH to officially launch next-gen Tamaraw next month
      Toyota Motor PH to officially launch next-gen Tamaraw next month
      Ruben Manahan IV, Nov 11, 2024
    • Toyota PH breaks ground for upcoming service center in Laguna
      Toyota PH breaks ground for upcoming service center in Laguna
      Paulo Papa, Nov 07, 2024
    • Toyota PH to roll out emergency roadside assistance during Undas
      Toyota PH to roll out emergency roadside assistance during Undas
      Paulo Papa, Oct 31, 2024
    • Toyota presents next-gen Tamaraw to PBBM
      Toyota presents next-gen Tamaraw to PBBM
      Ruben Manahan IV, Oct 30, 2024
    • Toyota PH revives pre-Undas initiative
      Toyota PH revives pre-Undas initiative
      Paulo Papa, Oct 28, 2024

    Compare

    You can add 3 variants maximum*