Business, Forwarding, Freight News, Logistics
Derry Bros offers Regime 42 service
[ March 7, 2025 // Chris Lewis ]Customs clearance specialist Derry Bros has launched a new service taking advantage of the Regime 42 EU procedure. The company will now be able to assist customers, initially in Belgium and France, with streamlining customs clearance and VAT management for goods imported from the UK.
Regime 42 allows businesses to import goods into one EU member state and then transport them to another member state without paying import VAT at the point of entry. This makes it possible to defer the payment of import VAT, which is then assigned to the purchaser in the destination member state at 0%.
Head of operations and sales, Colin Robb, explained: “Regime 42 provides significant advantages for EU importers by simplifying the clearance of goods at key entry points from the UK, thereby enhancing import and transport operations. By helping our customers to implement and coordinate this customs procedure into their businesses, they can significantly improve efficiency, reduce transit times and better manage cashflow.”
He added: “Since the goods are cleared at the EU frontier, there are no delays waiting for import VAT payments, ensuring that goods reach their destination faster. Additionally, Regime 42 eliminates the need for older customs procedures like the T1, providing more control over freight and reducing costs.”
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