Regardless of the type of Brexit that occurs, the situation in the United Kingdom and its customs controls will change

At Oftex, they're prepared for any new scenario Brexit might bring. And you should be too.

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If no agreement is reached before then, the measure will take effect on March 29. Brexit y United Kingdom will come out of the European UnionThis would have a significant impact on customs. If an agreement is ultimately reached, a transition period will be in place until January 1, 2021.

 

Given this situation, it is important to understand the repercussions of these two possible scenarios, and as various organizations such as the Aduana, be prepared.

 

It could happen a 'Soft Brexit or a 'Hard BrexitBut what is clear is that, regardless of the type of Brexit that the situation of United Kingdom And their customs controls are going to change, so we need to be prepared.

 

A 'Soft Brexit would imply a transitional agreement of United Kingdom until December 31, 2020, the date on which their departure would be completed. UEWhile a 'Hard Brexit would cause the UK to leave the EU on March 30, 2019.

 

Depending on which Brexit happens, we must take into account:

 

'Soft Brexit'Although the final agreement will be negotiated until December 31, 2020, current customs regulations would remain in force in the United Kingdom; this would include the Custom code and the preferential rules of origin agreements that the EU has signed. The final agreement could be a free trade agreement, a network of bilateral treaties, or enter into the EEA or in the customs union. But if the agreement is not finalized before the end of the transition period, the [condition] would be triggered Northern Ireland Protocol (Backstop) from January 1, 2021, which would mean that:

 

• No tariffs would be applied between the United Kingdom and the EU (except for fishing).
• There would be border controls, entries and exits would no longer be intra-community and it would be necessary to submit a customs declaration (DUE TO) to import and export, in addition to para-customs controls (sanitary, quality…).
• There would be VAT settlement on imports, as well as excise duties.
• The United Kingdom would apply the same tariff to third parties.
• The United Kingdom could sign preferential agreements, but not with rights inferior to those of the EU.
• With regard to EU preferential agreements, goods originating in the United Kingdom that are incorporated into EU products for export will not be considered as originating in the EU.
• goods goods originating from third countries may circulate freely between the EU and the United Kingdom once they have settled the tariff duties.

 

 

'Hard Brexit': If there is no agreement before March 30, the UK would become a third country, and trade would be treated the same as with any other non-EU country. This would mean:

 

• Payment of fees.
• Submission of a customs declaration (DUA) for import and export, in addition to para-customs controls.
• VAT and Excise Tax Settlement.
• Goods originating in the United Kingdom that are incorporated into EU products for export will not be considered as originating in the EU.

 

En Oftex We're prepared for any new scenario Brexit might present. And you should be too. Shall we talk?

 

Pablo Gómez Berenguer, Founder of Oftex