Changes in trade with the UK from Februay 1st 2020
from Februay 1st 2020

From Jan­u­ary 1st 2021, the UK will be con­sid­ered a third coun­try for EU mem­bers as it leaves the Euro­pean Sin­gle Mar­ket. This means that both the EU and the UK will apply the usu­al third coun­try tar­iffs to EU goods.

To pre­pare for these changes, a tran­si­tion peri­od will apply from Feb­ru­ary 1st 2020. We rec­om­mend that you also use the resources list­ed below to pre­pare for the effects of Brexit:

  • The British web por­tal “GOV.UK” offers cus­tomised infor­ma­tion for com­pa­nies after com­plet­ing a short questionnaire.
  • The IHK web­site offers a check­list that clar­i­fies the gen­er­al­ly impor­tant points.

In addi­tion, MAGNESIA GmbH has writ­ten an offi­cial let­ter that address­es the most impor­tant ques­tions in this uncer­tain sit­u­a­tion. We will be hap­py to pro­vide you with this if required. Stay informed and pre­pare for the upcom­ing changes.

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