Brexit & Certs of Origin - Chamber Update. We recently received an update from colleagues in the UK regarding a meeting held with.....

County Meath Chamber is a one-stop shop for fully licensed Export Certification.  We provide expert advice and guidance to help your businesses maximise its potential on an international scale through our Certificates of Origin service.  We handle both EU & Arab-Irish Certificates of Origin. 

 

Brexit and Certs of Origin - Chamber Update

 

No Deal Scenario

We recently received an update from colleagues in the UK regarding a meeting held with HM Revenue & Customs. We are informed that at present UK HMRC do not require Certs of Origin for goods arriving in the UK coming from third countries and are therefore not likely to require Irish goods arriving in the UK post Brexit/no-deal to be accompanied by a Cert of Origin.

 

We are informed also that in the event of a no-deal, client companies in the UK may request a Cert depending on their individual needs (re-exporting etc). This applies vice versa. Irish companies whose supply chain contains UK components may also need to apply for a Certs- this will depend on the needs of and requirements in the country of destination. In addition, companies using a Documentary Letter of Credit to finance shipments may be requested by the relevant bank to obtain a Certificate of Origin too.

 

We advise our members that they examine their supply chain, check the requirements of destination third countries and also speak to their client/importer as to their own requirements.

 

Withdrawal Agreement Scenario

The status quo will continue as normal for the duration of the transition agreement

 

Future Trade Deal

In the event of a trade agreement between the UK and EU in the future, preferential movement certificates will likely be required but in Ireland, these documents are issued by Revenue, not by Meath Chamber.
 
Brexit Resources

Chambers Ireland update their website on a regular basis with all the latest news and resources- http://www.chambers.ie/policy/the-brexit-result-information-for-chambers/

 

I hope this update provides some clarity to both you and your business in the short-term.

 

County Meath Chamber - Phone: 046 9046060 or email info@countymeathchamber.ie.