UK Departure from the European Union

The United Kingdom is scheduled to leave the E.U. on the 31st January 2020.

As negotiations continue, many industries are making contingency plans to ensure continuation of service, and to protect their supply chains.

Qolcom has worked with its major suppliers to determine their plans over the coming period. Many suppliers have created dedicated Brexit teams, while others are working with Government agencies and international trade freight advisors, to evaluate the different potential outcomes of the Brexit process.

Qolcom’s major suppliers have advised us that they do not expect any significant impact on supplies and expect to maintain their service commitments. This applies both to their stock-holding of core products, and to the logistics provision of their AEO (Authorised Economic Operator) freight partners.

Some uncertainty remains, awaiting clarification by UK Government or HM Customs. However based on known status as of 1st November 2019 , we do not expect any short or medium term risk to our supply chain.

In the event of the UK government and the EU reaching a deal which provides a transition period, the UK will remain in the customs union allowing for the continued free movement of goods between the UK and the EU.

In the event that the UK leaves the EU with no agreement in place, EU goods will be treated in the same way as goods which are currently imported from elsewhere in the world, including the payment of duties. The vast majority of our products carry a zero tariff under WTO rules, however in the event that duties are payable we will pass these on to our customers

All quotations and orders are produced and accepted on the condition that any future duties and export / import costs will be passed onto and paid by our customer.

Qolcom Ltd