Source: European Commission
In the absence of a Withdrawal Agreement, which would put in place a transition period until the end of 2020 (with the possibility of an extension foreseen in the Withdrawal agreement), the UK will be treated as a non-EU country for customs purposes as of 30 March 2019.
It is now urgent that businesses in the EU start preparing for the UK’s withdrawal, if they have not yet done so.
All businesses concerned have to prepare, make all necessary decisions, and complete all required administrative actions, before 30 March 2019 in order to avoid disruption.
To assist companies in doing to, the European Commission has prepared a dedicated webpage with a list of practical tips and recommendations, a “Brexit Checklist for traders” and a “Brexit Customs guide for businesses”.
- Website “Preparing your business for Brexit”
- Brexit Checklist for traders
- Customs Guide for Businesses
Latest Posts in "European Union"
- Questions to ECJ – Quick Fixes Under Scrutiny: Is an EU VAT ID a Substantive Requirement for Zero-Rating?
- Briefing document & Podcast: ECJ VAT C-622/23 (RHTB) – VAT Implications in Work Contract Cancellations
- New GC VAT Case: C-689/25 (British Company) – No details known yet
- Comments on ECJ Case C-726/23 (Arcomet) – ECJ clarifies VAT rules for Transfer Pricing adjustments in intragroup transactions
- ETAF Calls for Modern, Harmonised VAT Rules for EU Travel and Tourism Sector Reform
