Customs procedures will change
To begin estimating the impact of Brexit on your trade activities, consider the following questions. If your customs formalities are already handled in house, do you want to continue with these processes even in the face of more required documentation, or search for a third party that can take over for you? Do your products require specific certifications or customs handling procedures? Are your products properly classified, and what does this mean in terms of duty costs? What about legal controls and reporting requirements such as Intrastat, VAT and others?
It’s clear that some customs formalities will be required for trade with the UK. For deliveries, there is more to declaration than showing an invoice. According to the predictions of the General Administration of Customs and Excise (AAD&A), the number of export declarations will increase 47% after Brexit.
However, the story is more complex, and much is still unclear. Despite the uncertainty, the following requirements are expected:
- You will need an EORI number during customs procedures
- To deliver your goods to the UK, you will need to submit an export declaration through the Paperless Douane & Accijnzen (PLDA) system before the goods leave the customs area.
- You can expect extra procedures when exporting excise goods such as alcohol and tobacco. In addition to the Excise Movement Control System (EMCS) formalities already required, you’ll also have to submit export declarations using the PLDA system.