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Wednesday, March 3, 2021Dossiers

Brexit: the dossier

Dossier Brexit

On 29 March 2017, the United Kingdom notified its intention to leave Europe under Article 50 of the Treaty on European Union. From 1 January 2021, the final date of Brexit, it becomes a “third country”. Despite the free trade agreement reached in extremis on 24 December 2020, the consequences (regulatory, legal, customs, organisational, etc.) are manifold. This dossier takes stock of all the implications of Brexit for cosmetics companies and all the measures to be taken to limit its impact.

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The jolts of the calendar

Difficult negotiations around the transition agreement, intense political negotiations and crucial electoral stakes: the road to the Brexit (the exit of the United Kingdom from the European Union), opened by the British referendum of June 2016, is far from being a long quiet river. In the face of successive blockages and last-chance attempts, the date initially set for 29 March 2019 has been postponed several times. Until the last dead-line on 1 January 2021… and the agreement finally reached on 24 December 2020.

Guides and notices of European and national institutions

As the deadline approached, the authorities began, and with increasing urgency, to encourage companies to prepare for the scenario of an exit of the United Kingdom from the European Union without agreement and without a transition period. These calls were coupled with advice and guidance on the actions to be implemented. The European Commission is quite prolific in this area, and the Member States, including France, are not to be outdone at national level.

Professional advice for the cosmetic sector

While some of the implications of Brexit affect all companies without exception, each sector has its own specificities. For the cosmetic industry, these include …

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