Will Singapore Customs modify the licensing conditions frequently and cause unnecessary disruption to the Free Trade Zone (FTZ) operator's operations and/or cause them to incur additional costs?
To adapt and respond to changing norms as part of good regulatory oversight, Singapore Customs will inform or consult affected licensees in advance before the implementation of any necessary new licensing conditions or modifications to existing ones. This ensures that licensees are informed/involved to be better prepared for the changes.
Related questions
Pertaining to the responsibility of the licensed Free Trade Zone (FTZ) Operator to submit information, what is the kind of information required to be submitted to Singapore Customs?
If my company's Free Trade Zone (FTZ) Operator Licence has expired while the licence renewal has not been approved, can my company continue with its operations while waiting for Singapore Customs' assessment?
If my company's application for the Free Trade Zone (FTZ) Operator Licence has been rejected, can I appeal against Singapore Customs' decision?
Why do we need to pay a licence fee for the Free Trade Zone Operator licence?
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