In the fourth part of our Brexit news series, we present some tools and information sheets provided by the European Union. With their help you can easily continue to maintain business relations with the UK.
The United Kingdom left the European Union on 31 January 2020 and is now officially a third country to the EU. However, a transition period until 31 December 2020 applies.
During the transition period, there is no impact on taxation and customs.
For the period as of January 1st, 2021:
The UK and EU are still negotiating the terms of a post-Brexit agreement, but a ‘no-deal’ scenario remains a possibility. In any case UK’s departure will have serious consequences on logistics flows from January 1st, 2021 onwards. All stakeholders must prepare for them.