What is COVE and how does it work?
The COVE is the electronic proof of value that replaces any document that supports the commercial value of the goods within the customs clearance in order to achieve paperless customs. It consists in downloading to VUCEM (single window) all the information from your invoice or any document that checks the value of the goods.
One of the main advantages of COVE is the savings in paper costs, warehouses, time etc. in addition to reducing the risk of counterfeiting.
The COVE within the single window is a module that allows the receipt, in advance, of the information of the documents that check the value of the goods, as well as the information of the crossing documents in case of consolidated remittances.
The concept of "Single Window" is associated with that of "Digital Customs" of Mexico and is a tool that allows the sending of information affected by its import and export operations in electronic format, once and before a single administrative entity, to meet all foreign trade requirements, this decreases the total number of documents and authorities that previously had to be contacted to achieve the same result.
The Single Window aims to streamline and simplify information flows with the government, bringing significant benefits by operating as a hub HUB for communications addressed to any administration involved in the administrative processes affected by foreign trade.