The document outlines preparations for Brexit effective January 1, 2021, detailing the transition from trading with the UK as part of the EU to treating it as a non-EU country. It highlights key compliance requirements, expected increases in customs declarations, and essential steps businesses must take to prepare, such as obtaining an EU/UK EORI and ensuring customs agents are in place. The document also emphasizes the importance of understanding new trade tariffs and customs procedures.

1. Preparing for Brexit on 1st January 2021
Carol Lynch, Partner
BDO Customs and International Trade
clynch@bdo.ie
Ph: 01-4700491
October 2020

2. Brexit Timeline
 Brexit transition ends 31st December 2020
 As at 1st January trading with GB = Trading with any non-EU Country (albeit a
related country…)
 Current status of talks regarding a Free Trade Agreement?
 Compliance requirements from 1 January - confirmed
Confidential to BDO. Not to be distributed without approval

3. CLIENTS TYPICAL QUESTIONS
Confidential to BDO. Not to be distributed without approval
Will duty be
payable on UK-ROI
trade?
What
documents
will be
required?
What is the risk of
delays?
Are Customs
Declarations
required if there
is a Trade
Agreement?
What are the compliance
costs?
What if I import and
re-export?
Are there any
changes to VAT?
What happens
with Agri-
foods?
Who will be
responsible for the
Import and Export
requirements? Where do I get a
clearance agent?

4. Recap – trading with the UK as part
of the Single Market and Customs Union?
Common External Tariff
Once goods are customs cleared then they can
move freely throughout the EU
Assumption of Free Circulation status
Confidential to BDO. Not to be distributed without approval

5. Confidential to BDO. Not to be distributed without approval
Goods Movement – The Customs Union

6. FUTURE GOODS MOVEMENT - UK
© BDO IRELAND 2019

7. FUTURE GOODS MOVEMENT
© BDO IRELAND 2019

8. Customs clearance for brexit

9. IRELAND IMPACT
Declarations estimated to increase from 1.6m
to 20 million in Ireland
• Transit required for EU
shipments through Landbridge
• Some 80% of goods leaving
Ireland for continental Europe
reportedly travel through the
UK.
Projected shortage of 3000
agents
92,000 new traders

10. Preparing Your Business for Brexit
Confidential to BDO. Not to be distributed without approval
1. Ensure you have an EU/UK EORI
2. Have you a Clearance Agent or are you planning to
take this in-house?
3. Have you the information you need to have to
hand for you/your agent to complete the
declaration?
4. Specifically classification, valuation, origin,
Incoterms……
How ill you account for and pay customs duties?

11. Confidential to BDO. Not to be distributed without approval
5. Have you checked if you have Duty Liability?
6. f so have you decided how to account for this?
Preparing Your Business for Brexit
https://ec.europa.eu/taxation_customs/dds2/taric/taric_consultation.jsp?Lang=en
https://www.check-future-uk-trade-tariffs.service.gov.uk/tariff

12. Confidential to BDO. Not to be distributed without approval
7. Do you know the procedures at the Ports in Ireland, the UK?
8. Have you talked with your Customers and Suppliers?
10. Have you checked on Single Market Regulations?
11. Are your staff trained?
9. Are you registered to import Agri Goods?
Preparing Your Business for Brexit

13. Confidential to BDO. Not to be distributed without approval
12. Have you confirmed your VAT registration obligations?
14. Have you looked at AEO?
15. Are you aware of new Excise Movement Rules?
16. Are you involved in Transit?
13. Do you need to look at duty planning?
Preparing Your Business for Brexit

14. Declaron – customs clearance for brexit https://www.declaron.ie/

15. Introductions
Customs Consulting,
Brexit Preparation and Planning
Customs Clearance for Brexit

16. Ireland – Brexit scenario planning
Confidential to BDO. Not to be distributed without approval

17. Brexit resources
http://www.bdo.ie/en-gb/industries/bdo-brexit-taskforce

18. Beaux Lane House
Mercer Street Lower
Dublin 2
Beaux Lane House
Mercer Street Lower
Dublin 2
Carol Lynch, Partner
BDO Customs and International Trade
e: clynch@bdo.ie
p: +353 87 7533933