News

In our series #WeAreCustomsSupport, you will meet the people behind Customs Support. We value our colleagues and the work they do.

Customs Support strongly advises importers and exporters in both the European Union and the United Kingdom not to use the incoterm Delivery Duty Paid when trading between the European Union and the United Kingdom. 

As of January 1st of 2021, the United Kingdom has left the European Union and is now a third country. This means that it is no longer possible to ship goods from the European Union to the United Kingdom with just a CMR.

On January 1st 2021 a free trade agreement between the European Union and the United Kingdom has gone into effect, which will alter the way goods can be imported into the United Kingdom from the European Union and vice versa. The changes outlined below pertain to the import of goods using preferential rates.

One thing that will not change after Brexit is the need for a MRN. Both the Customs Authorities in the European Union and the Customs Authority in the United Kingdom will keep issuing MRN’s. So, what is an MRN?  

When goods are bought or sold "Ex Works" (EXW) it means that the Seller is making the goods available at their factory or warehouse. The buyer is then free to come and pick up the goods. Ex Works places full responsibility for cost and risk with the buyer, as the buyer has to arrange everything.

If we compare the customs brokerage industry with the financial industry, it is behind when it comes to digital transformation. Our industry is a very traditional one.

Funds advised by Castik Capital S.à r.l. (“Castik”) have entered into an agreement to acquire a majority stake in Customs Support Group (“CSG”) from Mentha Capital and CSG’s founder Oscar Driessen, who will remain a minority shareholder and advisor to the business. In addition, the management will stay on board and (re)invest in the business.