4UCustoms

Project facts

Project promoter:
4U Logistics OÜ
Project Number:
EE07-0031
Target groups
Small and medium-sized enterprises (SME)
Status:
Completed
Initial project cost:
€26,327
Final project cost:
€26,178
From Norway Grants:
€ 16,689
The project is carried out in:
EESTI

More information

Description

Customs and forwarding agents are carrying out vast majority of the export-import related declarations and reporting, as it is required by law by an Estonian Tax and Customs Board or its analogues in other countries. In addition to declarations, companies with largest trade volumes on the market are also using other customs agents` services for compiling and managing other documentation. Currently, there is no data management solution on the market that stands on the specifics of customs agents` everyday work. The project idea is to create an internationally competitive customs agent data exchange and management system for custom agents, which helps companies in the field of logistics to simplify the work, achieve decrease of resource costs for submitting and managing declarations and reports and at the same time, facilitating return of trade-related tax revenue. Small grant scheme project concentrates on market research, competition and marketing studies and environmental impact analysis. Partnership will achieve the comprehensive ICT solution and testing in the later phase of development.

Summary of project results

The project was needed to create an internationally competitive customs agent data exchange and management system for custom agents, which helps companies in the field of logistics to simplify the work, achieve decrease of resource costs for submitting and managing declarations and reports and at the same time, facilitating return of trade-related tax revenue. The results are sustained through tight cooperation between the project promoters and planned future activities. The objective of this small grant scheme project was to conduct market research analysis, competition and marketing studies and environmental impact analysis. As all planned activities were conducted, the objective can be considered reached. The project directly contributes to the programme output as the project promoter has developed and assessed its business idea and has presented the results in the final report. Project promoter involved one ICT partner for open (main) call competion and has planned future activities for sustainable partnership.

Summary of bilateral results