The EU-Singapore Free Trade Agreement

The EU has a Free Trade Agreement (FTA) with Singapore. The EU FTA either completely abolish duties or significantly reduce duties on goods. However, a Danish company does not automatically avoid paying duties when the company exports goods to or imports goods from a coun-try with which the EU has a free trade agreement. A few conditions have to be fulfilled in order to get the duty savings which the free trade agreements entail. Fulfilling these conditions will enable you to substantially reduce duty costs. It is important to remember that making use of EU free trade agreements cannot be left to the shipping company to handle.

If you want to know more about the FTA between EU and Singapore, you can find information, factsheets and guides here.