- The European Commission proposed postponing the EU deforestation regulation (EUDR) obligations by 12 months to December 30, 2025, giving companies more time to adapt without altering the regulation’s goals.
- The postponement aims to help businesses develop internal procedures, register in the Commission’s system, and test EUDR mechanisms, but companies should start preparations soon to avoid compliance risks.
- EUDR targets deforestation by regulating products like wood, palm oil, and cocoa, requiring supply chain mapping, risk analysis, and detailed documentation, with severe penalties for non-compliance.
Source Deloitte
Latest Posts in "European Union"
- Why Does the EU Lose Billions in VAT?
- Blog Part 4: The Cost Reality of ViDA: What CFOs Should Budget, Challenge and Avoid
- Amendments to EU Regulation: EPPO and OLAF Access to VAT Information for Combating Cross-Border Fraud
- CJEU Clarifies VAT Rules: Loyalty Points Are Not Vouchers Under EU Law
- ECJ C-167/26 – ECJ will review EGC Case T-689/24 RX – VAT deduction and invoice timing













