Brexit: the latest state of affairs and what will change for you as a company
From January 1, 2021, different rules will apply when doing business with the United Kingdom. At the last minute, the European Union concluded an agreement with the UK. This deal solves a large part of the withdrawal problem; the infamous no-deal scenario. However, consequences are still being felt for entrepreneurs trading with the UK. In this article we list these.
From January 1, trade with the UK will be accompanied by customs obligations (such as mandatory import and export declarations), inspections and export documents. You will also have to deal with customs with the current deal. Would you like to know more about these customs formalities? View the import & export to-do list on the website of the Brexit desk.
There will currently be no quotas or tariffs on mutual trade between the EU and the UK. However, in order for a company to qualify for this exemption, you must be able to demonstrate that your goods meet the conditions of the so-called 'rules of origin'. With this declaration of origin you are in any case exempt from import and export tariffs.
To ensure a level playing field, stricter requirements apply than with other EU free trade agreements. For example, you must take into account the appropriate mutual product certification for products traded between the EU and the UK. Additional certification of industrial products is also required. The details of this are currently being worked out. For questions and the latest news, please contact us Brexit counter keep an eye on.
As a company, do you actively participate in international trade? Then see if it is worth checking the status of Authorized Economic Operator (AEO). If you, as a party, meet certain requirements and can become an AEO, you can use simplified customs procedures.
Read more? The European Commission has listed the new deal per sector means. The Brexit desk also has the seven things listed which are of great importance if you trade in or with the UK. This same counter also has presentations on the website posted in response to the webinar they organized on December 30 entitled 'Brexit and the new EU-UK deal'. Also has the Chamber of Commerce listed what the Brexit deal means for you if you are active in e-commerce or as an exporter, for example.