Do I Need an Import Licence?
Are you a small business or SME looking to either source goods from outside of the UK or ship goods outside of the UK? If so, you should be aware that you may need an import licence for doing so. In this article, Small Business UK will look at what an import licence is, what it is needed for, and the process of applying for one.
What is an Import Licence?
An Import Licence is an official document that is required in some cases when goods are imported into or exported from the UK. This is to ensure that the process is handled correctly and that all necessary taxes and duties are paid for. The licence will require details about the goods that are being shipped.
In some cases, specific goods will require an import licence. This is because they may be subject to restrictions or regulations in the UK (for example, certain types of food, medicines, firearms, and wildlife). If a licence is required, then it must be obtained before the goods are imported to the UK.
The Process of Applying for an Import Licence
If you are looking to import goods, it is important to check in advance if an import licence is required. This can be done by contacting the Department for International Trade (DIT) or the Border Force. If an import licence is required, the following process must be followed:
1. Contact the DIT or Border Force to request an application form and any additional information on the licence.
2. Complete the application form and any additional paperwork accurately.
3. Submit your application to the DIT or Border Force.
4. Wait for a decision from the DIT or Border Force which should usually take around two to three weeks.
5. If your application is successful, you will receive an import licence.
The Benefits of an Import Licence
Having an import licence is beneficial for a small business or SME as it allows them to legally import or export goods into or from the UK. This ensures that all taxes and duties are paid correctly and on time.
Import licences are also necessary for certain types of goods, as mentioned previously. Without an import licence, it is illegal to import or export goods into the UK which may lead to legal consequences.
Conclusion
Import licences can be a necessity for small business or SMEs to legally import or export goods into or from the UK. It is important to check in advance if an import licence is needed, and if so, to follow the process outlined in this article. By doing this, small businesses and SMEs can ensure that they are operating legally and within the law.