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BREXIT: TRANSACTIONS BETWEEN THE UNITED KINGDOM AND THE EUROPEAN UNION FROM 2021 Fabbri Rides Agent
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36102 dated 31.12.2020
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Fabbri Rides Agent
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Fabbri Enrico
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How do the rules change between the United Kingdom and the European Union starting from January 1, 2021?


BREXIT: TRANSACTIONS BETWEEN THE UNITED KINGDOM AND THE EUROPEAN UNION FROM 2021
by Enrico Fabbri
From January 2021, the effects of Brexit materialize in substantial changes between the United Kingdom and the European Union, modifying an integration that had lasted for 47 years. At the end of December 2020, the United Kingdom and the European Union reached an agreement to regulate the movement of people and goods between the two territories by simply eliminating customs duties.
In essence, the United Kingdom becomes a non-EU country and therefore the same rules apply to both people and goods as are applied to other non-European countries. The principle of free movement of persons and goods is therefore no longer valid and customs control is introduced.
To better explain what changes, we list some concrete examples and recommend that you contact us before making any transaction with the UK.

TRAVEL OF PEOPLE FOR TOURISM
People wishing to travel between the two territories for tourism reasons can do so for a maximum period of 90 days, the only requirement is to have a valid passport and prove that the trip is actually planned for tourism reasons, so they may be required to show your schedule and hotel reservation.

TRAVEL OF PEOPLE FOR BUSINESS
Persons wishing to travel between the two territories for study and work reasons must apply for a permit from the competent consular offices. So, for example, a person from the United Kingdom cannot work and be hired by a company in Europe without having a work visa because he is considered to all intents and purposes a non-EU person.

SALE OF AN ATTRACTION
The sale of an attraction between the two territories is subject to customs procedures in the two territories. Companies wishing to complete the transaction must be authorized in advance by the customs offices, in addition the invoice and the value of the attraction must be in line with the market value. Whoever imports the attraction may be subject to the payment of customs VAT and subsequently request a refund. So to be clear, when, for example, a UK operator sells an attraction to a French operator it is no longer possible to make a simple sales invoice, hook up the trailer and travel directly and without interruption to your destination: you have to carry out a customs check before departure in the UK and carry out another customs check on arrival prior to delivery.

RENT AN ATTRACTION
If a UK operator wants to transport their attraction to the European Union to rent it, or to put it into operation on their own, it will not be as easy and direct as before. It will be necessary to obtain the permit for temporary importation from the European customs office and open a tax position in Europe to pay taxes.

ENTERING EUROPE FOR MAINTENANCE
The entry of an attraction of a UK operator into the European Union to carry out maintenance and repairs is generally allowed following the necessary procedures. The competent customs offices will verify that the attraction actually arrives at the company that must carry out the activities and the economic value of the maintenance carried out.

WHAT TO DO?
If you have to sell your attraction between the two territories, we advise you to rely on a consultant who will guide you in solving the various problems in time.