What does Brexit mean? A brief explanation for all e-commerce sellers trading in the UK and the EU

Brexit means that the UK is no longer a part of the European Single Market and that a new customs borders has been introduced on both sides of the English Channel. Businesses will require additional documentation to trade in the UK and the EU, and online marketplaces like Amazon have stopped providing fulfilment services from and to the United Kingdom.

From 1st January 2021, goods moving between the UK and EU, transiting between different customs territories will require customs declarations, comprising:

• An inbound(import) customs declaration for goods entering the other customs territory (entering the UK or EU)
• An outbound(export) customs declaration for goods leaving one customs territory (leaving the UK or EU)

EU imports will require an import entry, although for six months the government is applying a ‘light touch’ application. This ‘light touch’ approach will be termed as Customs Freight Simplified Procedure Entry in Declarants Records (CFSP EIDR). An importer will have until 30 June to submit entries covering the period 1 January to 30 June; any duties will not become due until the entry submission date.

For more information, please contact us here: https://www.avaskgroup.com/contact-us/

For Customs and International trade support, send us an email here: customs@avaskgroup.com

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