EU removes UK territories from registered export (REX) system dates of application
EU removes UK from REX system dates of application
The European Commission (EC) today announced that the UK “overseas countries and territories” (OCTs) have been removed from the table providing the dates of application of the “registered export” (REX) system by the different OCTs.
This follows the transition period for “Brexit” that ended on 31 December 2020.
Read the release on the EC’s taxation and customs union website
REX system
The REX system allows for certification of origin of goods based on self-certification. The origin of goods is declared by economic operators themselves by means of statements on origin. To be entitled to make out a statement on origin, an economic operator must be registered in a database maintained by the applicable competent authorities—the REX system.
The REX system is used to designate the system of certification of origin as a whole, and not only the underlying IT system which is used for the registration of exporters. At present, the REX system is used by EU exporters in the context of some free trade agreements. The REX IT system has been developed by the European Commission and is available to EU Member States and certain other countries.
For more information on this topic or to learn more about KPMG’s Trade & Customs Services, contact:
Doug Zuvich |
John L. McLoughlin |
Andy Siciliano |
Steve Brotherton |
Luis (Lou) Abad |
Irina Vaysfeld |
Amie Ahanchian |
Christopher Young |
Gisele Belotto |
George Zaharatos |
Andy Doornaert |
Jessica Libby |
© 2022 KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance.
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.
