The UK-EU TCA is the largest and most comprehensive of the UK’s new FTAs. It has been negotiated at great speed in difficult political times, during a global pandemic. The TCA provides only for duty/tariff-free movement of goods manufactured in the UK or EU. All other goods are dutiable.
Official name: The UK-EU Trade and Cooperation Agreement (TCA)
Parties/territories: The United Kingdom and the European Union
Date of entry into force: 01.01.2021 on a provisionally applied basis with formal ratification in 2021.
UKFT has created a guide to give a basic overview of this new agreement, including details on:
How this FTA replicates/differs from previous FTAs the UK enjoyed as a member of the EU single market up to 31st December 2020
Duty arrangements under the FTA from start
Fashion & Textile HCC categories included on a duty free basis
F&T HCC categories included on a duty free basis
Rules of Origin (ROO) requirements to qualify for the FTA
Mechanism for exporters to register/demonstrate Rules of Origin (ROO) compliance
VAT required on import/export at the border
Labelling requirements for goods in target country, including UKFT’s labelling recommendations
Attending Trade Fairs in the EU:
Business Travel/Freedom of Movement
Special advice for companies selling B2C online
Harmonisation of standards and schemes
The information set out in this guide provides a basic overview, however, UKFT has much more information and experience of how this market works.
For more information on how to export your products to the EU and to join UKFT, read more here or contact us at email@example.com