The United Kingdom has now officially left the European Union. AVASK Accounting & Business Consultants created this resource hub to provide cross-border e-commerce entrepreneurs with the latest resources to navigate the post-Brexit trade landscape.

On 31st January 2020 the UK stopped being a member of the European Union, a culmination of activities that were triggered when the UK invoked Article 50 of the Lisbon Treaty and started the process of withdrawal from the EU.

The Brexit transition period was agreed as a part of the UK-EU Withdrawal Agreement, at which point the UK ceased to be a member of the EU, but remained a part of the single market and customs union. It established that the UK would still abide to European law, while at the same time providing both the UK and the EU with the time required to negotiate a deal for future relations. The transition period also ensured that businesses could prepare themselves for the upcoming changes. This transition period came to an end on 31st December 2020.

The UK and the EU reached an agreement for a post-Brexit trade deal, which is now in place. Details can be found here in our recent blog post:

The end of the Brexit transition period has affected the e-commerce industry and online sellers trading both in the UK and the EU.

Brexit means that the UK is no longer a part of the European Single Market and that a new customs borders has been introduced on both sides of the English Channel. Businesses will require additional documentation to trade in the UK and the EU, and online marketplaces like Amazon have stopped providing fulfilment services from and to the United Kingdom.