- Why Ligentia
- What we do
- How we help
As 2024 unfolds, a wave of new regulations in international trade and customs are poised to reshape operational dynamics for businesses. Understanding these changes is crucial for resilience and success in international trade. Ligentia can help navigate these changes and optimise your customs processes.
Starting January 1, 2024, the EU will integrate shipping into the ETS, imposing emission limits and requiring emissions allowances. This applies to all voyages touching EU/EEA ports, escalating from 40% to 100% of emissions subject to pricing by 2026.
How we help: We can advise on emission calculations, allowance procurement, and optimising trade routes to minimise costs.
To curb carbon leakage, the EU plans to price carbon-intensive imports like cement and steel. The transitional period requires quarterly emissions reporting starting January 31, 2024.
How we help: We can help classify goods under CBAM, calculate carbon costs, and advise on optimising import strategies to minimise the impact.
The updated CN, effective January 1, 2024, forms the basis for customs declarations. Compliance is crucial to prevent customs errors and delays for goods entering or leaving the EU.
How we help: Our experts can ensure accurate CN classification, update your documentation, and handle customs declarations seamlessly.
Phased implementation starts January 31, 2024, introducing health certification for certain imports from the EU. Further phases in April and October 2024 will bring additional changes to border processes.
How we help: We can guide you through BTOM requirements, obtain necessary certificates, and ensure smooth border clearance for your goods.
Updated customs safety and security system launching March 1, 2024. Compliance involves acquiring an EORI number and self-conformance testing for businesses transporting goods to or through the EU.
How we help: We can assist with EORI registration, ICS2 testing, and ensure your systems meet the new requirements.
The CDS is the UK’s single customs platform for submitting import and export declarations. It’s mandatory for all businesses moving goods into or out of the UK, replacing previous customs systems, from 30 March 2024.
How we help: Ligentia has extensive experience with the CDS and can assist with:
Phased labelling requirements for food products entering Northern Ireland. The second phase, effective October 1, 2024, expands labelling criteria for dairy products, impacting imports into Northern Ireland and Great Britain.
How we help: We can advise on labelling requirements, prepare compliant labels, and manage the labelling process for efficient customs clearance.
Negotiations to include cross-border data flow rules in the EPA benefit various sectors, easing online business and data handling. The agreement’s expected amendment will eliminate stringent data storage requirements.
How Ligentia can help
Ligentia’s team of customs experts is here to guide you through these changing regulations and help you navigate the evolving UK / European trade landscape with confidence.
We assist in leveraging free trade agreements, optimising customs processes, including navigating the complexities of the CDS, and transitioning from transactional to strategic customs operations, ensuring businesses stay compliant and efficient amidst evolving regulations.
Contact Ligentia today to discuss your specific needs and how we can help your business thrive in the new regulatory environment.