Are you ready for BREXIT?
Brexit will become a reality on January 1st, 2021
On 31 December 2020, the transition period in the process of Great Britain’s exit from the European Union ends. This means that since 1 January 2021, all companies based in the United Kingdom will become third-country companies, which will significantly change the nature of commercial relations. The cessation of participation in the single market and the EU customs union, as well as the end of the free movement of goods, services and people between the United Kingdom and EU Member States, will result, among others, in the need to adapt to legal regulations different than before, to meet new requirements, to complete formalities (e.g. obtain specific permits, licenses). This applies both to entrepreneurs and natural persons.
If you have a business and:
- you sell products/provide services to entities in the UK,
- you are a customer purchasing goods/using the services of entities from the UK,
- you use goods and materials of UK origin in trade processes with customers from other EU Member States under preferential systems,
- you are transporting goods through the territory of the UK…
check if you are ready for the upcoming changes using the checklist below:
From January 1, 2021, entities selling goods to Great Britain will automatically become exporters. By purchasing goods in the United Kingdom and selling them in the territory of the UE, the company becomes an importer.
The UK’s exit from the EU is associated with a change in the rules on payments and VAT (both on goods and services). Import of some goods (e.g. alcohol, tobacco products, etc.) is additionally connected with the obligation to pay excise duty.
You will need to submit a customs declaration for both importing, exporting and moving goods through the UK. In addition, trade between enterprises of both parties will be subject to safety and security controls.
Additional formalities, controls and the need to obtain appropriate licenses (extended deadlines, additional border checks, the need for additional permits, etc.), permits, certificates, will result in the extension of individual stages of the supply chain.
Check and verify your business permits, certificates confirming professional qualifications, transport licenses valid in the United Kingdom.
If you answered NO to any of the above questions – do not wait – ACT!
Contact our customs agents. Get ready for the upcoming changes using professional help of specialists with many years of experience. For 30 years – day in, day out – we have been helping thousands of entrepreneurs with all the necessary customs formalities. Thanks to our extensive network of agencies and IT solutions, we are able to help you with all the formalities.
Entrust your business to experts!
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