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BP 15 – Certificates and Rules of Origin: The Experience of UK Firms

Briefing Paper 15 – January 2018 Download Briefing Paper Peter Holmes and Nick Jacob Key Points Introduction Rules of Origin: A Primer Origin After Brexit Interviews with UK Firms Why Do Firms Use Preferential COs? What are the (Additional) Benefits of Preferential COs? Why Do Firms Use Non-Preferential COs? Approved Exporters What are the Costs and Challenges of Claiming Origin? Firm Interviews: Conclusions International Trade Survey Survey: Key Findings Conclusion Appendix Further Information Key Points Exporters are generally required to prove the origin of goods — as defined by agreed Rules of Origin — to customs authorities. This is likely to require more time from business after Brexit. While most academic studies have generally found high costs of compliance associated with Rules of Origin in Free Trade Agreements, our study suggests compliance is not as costly for firms as previously thought. The current option of Certificates of Origin supplied by Chambers of Commerce is tried and tested and offers a private-sector solution for firms to be assisted in ensuring compliance with Rules of Origin. Certificates could be used for goods trade under a possible EU-UK Free Trade Agreement post-Brexit, as well as for FTAs with other countries. Post-Brexit, [...]

By , |2025-12-12T11:33:41+00:009 February 2018|Comments Off on BP 15 – Certificates and Rules of Origin: The Experience of UK Firms

Briefing Paper 15 – CERTIFICATES AND RULES OF ORIGIN: THE EXPERIENCE OF UK FIRMS

Rules of Origin (RoOs) are used by importing Customs authorities in the international trading system to determine if a product is considered as sufficiently linked to the exporting country to count as originating there, in order apply preferential or MFN (Most Favoured Nation) rates of tariff to the goods, and to check for quota, anti-dumping and related compliance. The importance of RoOs is due to the fact that duties and restrictions in many cases depend upon the source of imports. Proving origin will be a far bigger issue than it is now for UK business exporting to the EU after Brexit. With all businesses likely to have to rethink their compliance with Rules of Origin post-Brexit, this paper, based on a study carried out with the support of the British Chambers of Commerce, outlines the current Certificates of Origin regime and the options for change after Brexit. Read Briefing Paper 15- CERTIFICATES AND RULES OF ORIGIN: THE EXPERIENCE OF UK FIRMS and the Online Appendix

By , |2024-11-20T13:29:33+00:002 January 2018|Briefing Papers|0 Comments
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