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Brexit and effectiveness of compliance

Brexit is expected to have substantial consequences on the European economy but also on the volume of import and export declarations. Currently, about 1/3 of all EU customs declarations are cleared in the Netherlands. It is expected that this will substantially increase if indeed the UK becomes a “third country” for the EU. 

This is not just because some business who were only importing to and from the UK will from that moment on have to deal with customs declarations for the first time. The Dutch Customs expect that the physical entry and exit of goods in the Netherlands will increase by 32% and 137% respectively. They also expect an additional 1.5 million entry declarations and more than 5 million exit declarations that will need to be processed. 

More declarations means likely more costs and certainly more time needed. It is therefore always good to look at the effectiveness of your declaration system. In view of these numbers this is such a good moment to do that. Not just because of the numbers or that it is very likely that any request for an assessment by Customs will take longer than normal. Also because it seems logical that if you are looking for a non-standard authorization or are in need for anything outside the very normal, the entire process may take a year or more. That will cost you even more money. 

 

 

 

 

Corney Versteden

Corney Versteden

Partner, HLB Van Daal & Partners
Netherlands

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