Product Labelling and Authorised Representation

Business Perspectives by Hawk FX

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3y ago 28:01

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In this episode, I talk with Craig Collings about product labelling and changes to representation in Overseas Markets. This is an area that continues to change in a post-Brexit world.
"With the imminent One-Stop Shop VAT affecting Business-to-Consumer (B2C) currently being implemented in the EU market and Business-to-Business (B2B) requiring EU representation for products being sold in the EU market. The landscape of the export/import market into the UK and EU is changing rapidly.
The One-Stop Shop (OSS) or Import One-Stop Shop (IOSS) will directly affect all B2C transactions in the EU market going forward. Just as Importers into the EU market will require an EU Fiscal Representative for IOSS transactions, companies outside of the EU that sell products online to EU consumers, will now need to have EU product representation if sending products directly to the EU consumer. This change is the implementation of the Market Surveillance Regulation which comes into force on the 16th July 2021."

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