If you are an e-commerce
merchants, you must be prepared for some additional measures. Retailers have
been notified that there will be cross-border checks on all goods entering the
European Union as from the 1st of January 2021.
Considering the impact of the coronavirus, we might soon
face the biggest recession in history. Thus, ongoing trade with the EU is
critical for the economy and the UK has been making arrangements to speed up
the flow of goods through customs so that clients can receive their products
quickly. Despite that, the EU will still implement full cross-border checks as from the 1st day of next year.
This will have an impact on exports and all merchants must mandatorily have
their customs paperwork in order. The country has been pledging to extend the
launch of this measure until July 2021. However, Brussels is not going to agree
to any delay.
As such, online merchants in the UK and EU have less
than six months to ensure that they have the right systems in place to combat
the potential fallout from this decision. Retailers who have arrangements such
as Amazon
FBA are advised to see to it that they have ample stock in EU
warehouses before the 1st of January deadline as a precaution to keep sales
flowing.
Full border checks will be introduced next year
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