UK-EU TRADE AND COOPERATION AGREEMENT

UK-EU Trade and Cooperation Agreement (TCA)

UK-EU Trade and Cooperation Agreement (TCA)

Did you know that you could save money on your international shipments to and from the EU?

The UK-EU Trade and Cooperation Agreement (TCA) came into force on 1 January 2021 after the UK left the EU. While trade with the EU is different to before, the TCA ensures that goods can continue to be traded duty-free. All it takes is a simple declaration to be added to the commercial invoice.

Learn how you could benefit from the UK-EU TCA.

What’s in it for my business?

Euro

Cost savings

All goods are eligible to continue to be traded duty-free and non-tariff barriers are kept to a minimum.

International

Continued access

Renewed access to the EU market could mean new opportunities for your business.

Customs

Simplified, modern customs procedures

Modern customs processes allow for quick and easy release of your goods.

NOTE: The trade agreement applies to duties, not taxes. Any applicable VAT for imports into the EU or the UK still needs to be paid.

How can I benefit?

To benefit from reduced or 0% tariffs, products must be of ‘UK origin’. All it takes is a declaration. No formal certificate is required. Simply add the following to your commercial invoice (or any other commercial document) along with a detailed description of the goods as you would usually do:

Sample Statement of Origin:

(Period: from___________ to __________)
 

The exporter of the products covered by this document (Exporter Reference No.______) declares that, except where otherwise clearly indicated, these products are of UK preferential origin.

__________________________________
(Place and date)
 

_________________________________
(Name of the exporter)

Declarations of origin will be valid for 12 months from the date it was made out for exports to the EU.

It is essential that the declaration is filled out correctly or it may be rejected by customs. Please consult the official text of the origin declaration, which comes with explanatory notes.

The Exporter Reference No. is your EORI number. It is required for all shipments regardless of value.

How to get an EORI number

  • To get an EORI number, visit the dedicated UK government website.

  • Please note: if you already have an EORI number and it does not start with GB, you will need to apply for a new one.

To benefit from reduced or 0% tariffs, products must be of ‘EU origin’. All it takes is a declaration from the shipper in the EU. No formal certificate is required. Simply ensure they add the following to their commercial invoice (or any other commercial document):

Sample Statement of Origin:

(Period: from___________ to __________)
 

The exporter of the products covered by this document (Exporter Reference No. ______) declares that, except where otherwise clearly indicated, these products are of EU preferential origin. 

__________________________________
(Place and date)
 

_________________________________
(Name of the exporter)

Declarations of origin will be valid for 24 months from the date it was made out for imports from the EU.

It is essential that the declaration is filled out correctly or it may be rejected by customs. Please consult the official text of the origin declaration, which comes with explanatory notes.

The Exporter Reference No. is the shipper’s Registered Exporter (REX) number. It is required for all shipments valued over €6000.

How to get a REX number

  • EU shippers may register online with their national customs authority.

  • If you are a first-time REX user, you might want to read the REX Guidance document.

  • Once received, the REX number should be added to commercial invoices of shipments to the UK valued over €6000.

Businesses in Northern Ireland

It’s important to note that nothing has changed for businesses in Northern Ireland trading with the EU. According to the terms of the Northern Ireland Protocol of the EU-UK Withdrawal Agreement, goods moving between Northern Ireland and the EU are considered as intra-EU goods and no customs controls apply.

This means that if you are a business in Northern Ireland, you do not need to perform any customs formalities when moving goods to or from the EU and you can continue to trade without restrictions as before.

How can FedEx help?

FedEx airplane

Fast Intercontinental Shipping

We help your business reach its full potential. With our express parcel service, you can import from the EU and export to the EU in just 1- 2 days*.

working on laptop

Easy Customs Tools

Make clearance easier thanks to our free tools. With FedEx Electronic Trade Documents, reduce the risk of customs delays by submitting your documentation electronically.

Memphis hub

Expert Knowledge

Take advantage of the Shipping Channel – a website containing easy-to-understand guides covering a wide range of topics. From paperwork and customs procedures to country-specific requirements.

*Availability of services and transit times referred to may vary depending on shipment type, origin and destination. Terms and conditions apply – visit fedex.com for full details of our services.

Always make sure to check the rules and regulations of the country you’re shipping from and to prior to shipping. Please review the EU-UK Trade and Cooperation Agreement for more information.