Feature Article
Customs training ahead of Brexit
By Carol Lynch, Partner, Customs and International Trade Team.
 

With the threat of Brexit still looming, companies importing and exporting with the UK must ensure that they are informed about customs procedures. In order to continue trading with the UK, companies must be approved as Authorise Economic Operators /Trusted Traders.


Most companies who are facing importing to and exporting from the UK post Brexit will have limited knowledge of customs procedures. Many companies over the last twenty five years have operated within the Single Market which has removed the requirement to understand how to complete customs forms

 

Along with this, in order to move goods with the minimum customs requirements possible, companies are going to have to look to get approved as Authorised Economic Operators (AEOs) or Trusted Traders as this is often referred to.

 

One of the recently introduced conditions for AEO status is that the applicant, or the person in charge of their customs affairs must have customs knowledge and training.

 

For example;

a. They must have 3 years’ experience as a guide

or

b. They must have Professional qualifications, undertake training and have passed an examination, consistent with the extent of their involvement in customs activities.

 

With a short time frame now left the answer is simply to prepare your business to ensure you are able to import and export from a Non-EU Country. Things which can and must be done at a minimum are:

1.       Ensure your tariff classifications are 100% correct

2.       Ensure you have a clearance agent to lodge Customs Declarations on your behalf

3.       Prepare an application to obtain a Deferred Payment Account, discuss and agree a guarantee provision with your bank, and have the application ready to lodge by end of the year if no-deal has been agreed.

 

There are no real costs to 2&3 and 1- Classification – is a requirement regardless of when the UK ultimately leave and is consequently work which will ultimately be required. Therefore in terms of investing management time at this point, we would strongly recommend that businesses who are now seriously looking at preparing for the possibility of a Hard Brexit for the first time, start working on ensuring they have all UK imports and exports assigned a Tariff Code as a matter of urgency.

 

At BDO we are offering access to bespoke customs training for our clients.  The essential features of our training involves

  1. Completing Import and Export Documentation
  2. How the clearance system works
  3. Information required by Revenue
  4. SAD auditing
  5. Classification of goods and application of tariffs
  6. Understanding Trade Agreements (particularly in the event of a new UK-EU Agreement)
  7. Qualifying for reduced rates under Trade Agreements
  8. Dealing with Customers and Suppliers
  9. Understanding the movement of goods whether by Road, Sea or Air
  10. Developing Customs Reports
  11. Understanding Duty Saving Opportunities

For further information on Brexit and all customs queries please contact BDO.

 

 

 

For further information contact:

Carol Lynch

 

clynch@bdo.ie

 

Direct: +353 1 470 0491

BDO

Beaux Lane House

Mercer Street Lower

Dublin 2

Tel: +353 1 470 0000

Fax: +353 1 477 0000

 

www.bdo.ie

 

About Carol Lynch
Partner


Carol is a Partner at BDO Customs and International Trade Services. Carol has more than 25 years’ experience in customs and international trade.

 

Carol is currently heavily involved in advising clients on the impact of Brexit and is working with a number of high profile companies in this regard.


She has been requested to present to the Oireachtas Finance Committee on the impact of Brexit for traders in Ireland and also presents on behalf of Chambers Ireland and InterTrade Ireland. She is part of a number of working groups including that of the British Irish Chambers of Commerce and the Revenue Commissioners. She contributes to various media (print and radio) with regard to the Customs issues which may arise post Brexit.

 

Carol has significant expertise in customs, excise, export controls, anti-dumping, audits and investigations. She also has significant experience working with clients in the aviation and aircraft leasing, food and drink, pharmaceutical companies, consumer electronics and software sectors along with general manufacturing.

More News
Ireland and Hong Kong - Gateways to success
 

Dublin Chamber Event: Ireland and Hong Kong - Gateways to success

Date: 24th of April 2019

Time: 9am - 10.30am 

 

HKTDC One-on-One Consultations are open from 10.30am
China IPR SME one-on-One Consultations are open from 10.30am

For consultations, please contact Maria: maria@dublinchamber.ie

 

Hong Kong ranks high in the world’s leading surveys on best business cities, economic freedom, competitiveness, opportunity and ease of doing business. 

 

Register here 


This briefing will present on topics including individual experiences in Hong Kong and wider Asian markets, best practice methods, common challenges and market entry strategies. Daisy Ip of the Hong Kong Trade Development Council (HKTDC) will be in Dublin Chamber on December 10th to meet Irish companies interested in business opportunities in Hong Kong and China. This brieifing will help identify suitable suppliers, buyers and potential business partners in Hong Kong using HKTDC database of over 100,000 Hong Kong companies. Register below for a one-to-one meeting, which will be provided on a free of charge, personalised and confidential basis. This event is hosted by Hong Kong Trade Development Council, Ireland Hong Kong Business Council and Dublin Chamber. 

 

Why should you attend?
•Hear about opportunities for Irish companies in the Chinese market
•Learn about best practice for doing business with Hong Kong
•Hear from experts with first-hand experience

 

Agenda
08.30am               Registration and Networking
09.00am               Welcome by Mary Rose Burke, CEO, Dublin Chamber
09.05 am              Daisy Ip, Marketing Manager of Hong Kong Trade Development Council (HKTDC)
09.20am               Edouard Leonet, Project Officer for the China IPR SME Helpdesk,
09.25am               Audience Q&A facilitated by Brendan Foster
10.30am               Events close

HKTDC One-on-One Consultations are open from 10.30am
China IPR SME one-on-One Consultations are open from 10.30am

For consultations, please contact Maria: maria@dublinchamber.ie

 

This event is hosted by Hong Kong Trade Development Council, Ireland Hong Kong Business Council and Dublin Chamber.

Erasmus for Young Entrepreneurs Info Day
 

Dublin Chamber Event: Erasmus for Young Entrepreneurs Info Day

Date: 2nd of May 2019 

Time: 12pm-2pm with light lunch 

 

Guest speaker Declan Gray - Founding Partner, evolve will give insights and discuss his experiences with the programme. 

 

Register here 


Erasmus for Young Entrepreneurs is a cross border exchange programme between a new entrepreneur and an established entrepreneur. The exchange is for 3 to 6 months with funding provided for the travelling entrepreneur.  The event will provide you an opportunity for networking and to learn more about the programme and its benefits.

 

 

Irish HE - looking for New Entrepreneur to mentor in the areas of advertising, promotion, printing, media and related products and services. NE must have previous videography experience. 

 

French NE - looking for Host Entrepreneur. NE's main business areas are in WebMarketing and tourism. 

 

 

More about the programme:

 

Erasmus for Young Entrepreneurs

 

 

 

 

Need further information?

Contact Dublin Chamber on maria@dublinchamber.ie 01 644 7223 

 

Or visit

 

Erasmus for Young Entrepreneurs

www.erasmus-entrepreneurs.eu

Malta AI & Blockchain Summit 2019 and Brokerage event (23rd-24th May, Valletta, Malta)
 

The Malta AI & Blockchain Summit, a melting pot for global influencers in technology, civil society, democracy promotion and innovation. 

 

Call to action for all Irish companies looking for new tech solutions: https://maltablockchainsummit.com/  

 

Register here


Meet new partners for your A.I. and Blockchain projects. 

The 2019 Malta A.I. & Blockchain Summit will be increasing in both size and scope, reflecting the hypervelocity of advances and immense opportunities that the sector has seen over recent months.  The Malta Artificial Intelligence & Blockchain Summit 2019 is expected to attract 10,000 attendees, 400 exhibitors, 1500 investors and the world’s leading minds in #AI and #blockchain industries.  

A line up of inspiring speakers has been secured, including Tim Draper, Andreas Antonopoulos, Nouriel Roubini, Sophia the Robot, amongst others.  The conference will help businesses understand the hypervelocity of advances and identify opportunities for investment.

 

MALTA AI & BLOCKCHAIN SUMMIT HANDING OUT 100 FREE BOOTHS TO STARTUPS

Are you an AI, Blockchain Quantum Tech, Big Data and/or and IoT Startup? Malta AI & Blockchain summit is offering 100 startups the chance to win a free booth in our startup village on the 23rd and 24th of May. Furthermore, ten AI startups will also have the opportunity to pitch on stage during the summit!

 

Start up village and AI application  here

 


Matchmaking:
Date: 23rd May 2019
Time: 14.00 – 17:00
Venue: Hilton Malta Hotel, Portomaso, St Julians, Malta

 

The brokerage event will be FREE and the companies who attend the brokerage will be given a FREE PASS to the Conference

 

 


2019 Key Topics:
-          Understanding decentralised blockchain and centralised artificial intelligence and how this could take societal organisation to a new level. 
-          Learning what ethical and practical implications, are expected to render AI’s development in a sustainable manner. 
-          Ensuring compliance with AI safety, security and accountability 

In a few words, from keynote experts, lavish networking events and an exhibition focus on Blockchain, AI & IoT; the AI & Blockchain Summit is your one-stop-shop to explore the convergence of these deep technologies.

 

For more information and to book a pass for this incredible event please look here: https://maltablockchainsummit.com/  

 

 

This event is brought to you in cooperation with the Maltese Chamber of Commerce, Enterprise and Industry and the Enterprise Europe Network. 

Matchmaking at Milano World Food exhibition (7th-8th May)
 

TUTTOFOOD is the international B2B show dedicated to food & beverage and organised by Fiera Milano from the 6th to the 9th May 2019. This biannual event since its beginnings has become the perfect showcase for presenting one’s products to the national and international markets.

 

Registeration for this Brokerage event is open until 19th April, you can register here: https://tuttofood2019.b2match.io/home


Meet new partners for your food and beverage project.

 

TuttoFoods is one of the world’s most important food and beverage trade fair! This year TuttoFoods is organised by Fiera Milano from the 6th to the 9th May 2019. This biannual event since its beginnings has become the perfect showcase for presenting one’s products to the national and international markets.

 

 

Why you should attend?

 

Participation in the company mission is free of charge.

Share your products with interesting companies and/or organisations from international markets;

 

Main Topics:  

- Frozen                               - Meat                                  - Seafood                            - Wine

- Pasta                                 - Green                                - Grocery                             - Digital

- Diary                                  - Sweet                                - Oil                                     - Kosher

- Bakery                               - Delicatessen                      - Drink                                 - Halal

 

 

 

Matchmaking:

 

Date: 7th – 8th May 2019

Time: 10.30 – 18:00

Venue: Fiera Milano, Pavillon 1, S.S. del Sempione 28, 20017 Rho, Milan, Italy

 

Registeration for this Brokerage event is open until 19th April, you can register here: https://tuttofood2019.b2match.io/home

International b2fair Matchmaking Event at ICT SPRING (21 - 22 May 2019, Luxembourg, Luxembourg)
 

This year the Chamber of Commerce of Luxembourg and its Entreprise Europe Network will organise the 4th edition of the EEN brokerage event @ICT Spring Europe on the 21st & 22nd May 2019 in the European Convention Centre in Luxembourg.  

You can register now on: http://b2fair.com/Registration/ictspring2019/regSelectPartner 


This years event will also include exhibitors, pitch your startup competition and local & international speakers along with the brokerage event 

 

There are main sectors invited to attend

- Fintech

- Digital Knowledge

- Space Technologies 

- Artificial Intelligence

- Along with the latest Tech Trends and Innovations  

 

 

For more information on the event: https://www.ictspring.com/ 

 

 

Register now for the ICT Spring brokerage event and get the chance to boost your international connections, thanks to Chamber of Commerce of Luxembourg  and the Enterprise Europe Network! 

 

You can register now on: http://b2fair.com/Registration/ictspring2019/regSelectPartner 

 

Early bird brokerage registration is open until 1st April 2019. 

Looking to export?
 

The Export & Consular department based in Dublin Chamber are experts when it comes to helping companies to get goods shipped abroad, to register products in export markets and to visit export customers.


Dublin Chamber’s experienced staff organise the legalisation of documents for international trade, legal or commercial requirements and inter-country adoptions. Our couriers go on a daily basis to the Department of Foreign Affairs, the Supreme Court, the Joint Arab Irish Chamber of Commerce and any necessary Embassy in Dublin as well as to London based Embassies and the British Foreign and Commonwealth Office to ensure that your documents have all the necessary stamps and seals for full compliance to international regulations. We also offer advice on the requirements for each country. Our fast and efficient service ensures prompt processing of your vital documents.

 

 

The Export & Consular offers a wide range of services including:

•             Certificates of origin issued and stamped

•             Certification of export documentation

•             ATA Carnets, for the temporary export of goods, issued,

•             Legalisation of export and regulatory documentation,

•             Visas for your business travel needs.

 

 

Export Services – We make getting goods shipped broad easy.

 

For further information on any of the above services please contact:

Richard Brown (01 644 7204 / richard@dublinchamber.ie)

Aleksandra Balcerzak (01 644 7205 / aleksandra@dublinchamber.ie)