Unlike international goods, goods in the EU can move freely between member states and are not subject to customs duties or quantitative restrictions.Brexit may restricted free movement of goods between the UK and the EU.
Depending on your activity and your situation, we suggest viewing the information in the links below:
Get a UK EORI number to trade within the EU
Transitional Simplified ProceduresHMRC has put in place Transitional Simplified Procedures to make it easier to import goods from the EU using roll on roll off locations like Dover or the Channel Tunnel.
They will review them 3 to 6 months after they’re introduced on 29 March 2019 and if/when they decide to withdraw them they will give a 12 month notice period. This will give you enough time to prepare your business to follow the import processes you’ll need for trading with the rest of the world.
Simplified Import Procedures if the UK leaves the EU without a deal
What you need to know if your business involves people travelling between the UK and EU countries.
The EU ensures less restrictions and controls on capital funds moving between EU member states. Brexit may lead to new set of regulations regarding the flow of capital with a possible increase of costs.
What you need to know if your business involves services provided to EU countries.
Do you have any questions? Get in contact with us!