UK-EUR1
A UK- EUR1 certificate (formally known as EUR1) and also known as a "Movement Certificate," is an official customs document that facilitates trade between the UK and countries with which the UK has established preferential trade agreements. This certificate is used to claim reduced or zero customs duties when exporting goods from the UK directly to these partner countries. It's a form of proof that the goods being exported have been produced or obtained in the UK and meet the origin criteria outlined in the trade agreement
KEY POINTS ABOUT A UK-EUR1
Origin Criteria: The goods must be of UK origin and a direct shipment leaving the UK.
Issuance: A UK-EUR1 certificate is typically issued by the customs authorities or an authorized organization in the exporting country, such as a Chamber of Commerce. The exporter submits an UK-EUR1 along with a copy of the invoice, the UK-EUR1 certificate is double checked and stamped. Copies of the UK-EUR1 must be kept on file for a minimum of 3 years.
Content: The certificate includes information about the exporter, the country of import, description of the goods, and the applicable HS/Tariff code connected to the goods.
Presentation: The certificate needs to be presented to the customs authorities of the importing country when clearing the goods through customs. It serves as evidence that the goods qualify for preferential treatment.
Digitalisation: Some countries have moved toward digitalizing the issuance and submission of certificates, streamlining the process and reducing paperwork.
Issued on a per shipment basis.
UK-EUR.1 certificates are commonly used in trade agreements such as the Generalized System of Preferences (GSP) and Free Trade Agreements (FTAs) that the UK has established with various countries and regions around the world. The goal of these certificates is to promote trade by providing economic benefits to exporters and importers who meet the origin requirements outlined in the trade agreements.
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