CUSTOMS: BREXIT AND CUSTOMS OPERATIONS FROM 03/30/19 ONWARDS

CUSTOMS: BREXIT AND CUSTOMS OPERATIONS FROM 03/30/19 ONWARDS.

 

On March 29, 2019 the exit of the United Kingdom from the European Union will become effective. If an exit agreement that includes a transitional period is not reached, said exit will mean that, as of 30 March, the United Kingdom will leave the single market and customs union.

Two scenarios are still currently being considered:

  • A Soft Brexit, should the withdrawal agreement be approved, which would give rise to a transitional period until 31 December, 2020 and which, as of 1 January, 2021, would consider that the exit of the United Kingdom from the EU has been completed. It should be noted that in the transitional period the possibility of negotiating a Free Trade Agreement is not ruled out, although the United Kingdom would only accept this for goods and not for services. 

  • A Hard Brexit, in the scenario in which no withdrawal agreement is reached, which would mean that from 30 March, 2019 onwards, the direct departure of the United Kingdom from the EU would take place and thus it would be considered a third party country.

 

Given that the withdrawal agreement has still not been definitively approved, the scenario posed by a hard Brexit must be taken into account. In other words, as of 30 March, 2019, trading relations with the United Kingdom would be the same as those established with third party countries and thus involving customs controls, border inspections and the application of tariffs. From that same day, customs declarations corresponding to the entry and exit of products with the United Kingdom as the origin or destination will be necessary.

In Aduanas Visiers we are at your full disposal to study your case and seek the most appropriate solutions for the exchanges of your company with the United Kingdom.

You may contact us at: aduanas@aduanasvisiers.com where you case will be duly studied.

 

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