An Exporting License: Do You Really Need One To Export Your Products?
An exporting license is required to export some types of goods from the UK. The Export Control Organisation (The ECO) is responsible for issuing exporting licenses and determining what kinds of goods need to be governed. Businesses can apply for several different kinds of licenses according to what type of products they are exporting, what country they are exporting to, and how often they are exporting.
Is It Required?
Exporting licenses are essential for many different reasons, but the majority of the goods for which they’re needed have possible military uses. These include things like military weapons and vehicles, radioactive sources, torture products, and so-called dual use products that may be used for armed forces purposes even though they were not made for use by the military. Things like hard drives, chemicals, and other products might fall into the dual use category. Exporting licenses are also necessary for items going to certain kinds of destinations.
The Destination of the Items
The government needs an exporting license for products going to controlled areas. These areas may be restricted due to concerns about internal repression,regional instability or human rights violations. There may be issues that the destination is creating weapons of mass destruction. International policy and global trade commitments, such as EU or United nations trade sanctions or embargoes are some other reasons for export particular of products to be controlled. Lastly, several products are controlled for the safety of the UK and its partners.
Open General Export Licenses (OGELs)
There are numerous different kinds of exporting licenses. Open General Export Licences (OGELs) are used for less restricted exports. Forty-one different licenses are available. No application is required, but businesses do have to sign up once for each and every license they want to use. It is crucial to know which one is the right one to use, as each one of the licenses covers a different range of conditions. When the individual or business has registered for the license, they’re subject to regular compliance visits.
Standard Individual Export Licences
If the products, technologies, or software aren’t covered by an OGEL, or if it is headed to a destination that is not restricted, the company must apply for a Standard Individual Export License. This kind of exporting license is specific to the company for a set quantity and/or value of goods, so it’s a much narrower kind of license. The individual or organization has to apply for this kind of exporting license and must provide supporting paperwork that explains why they needs to be allowed to export the products to the proposed destination.
Open Individual Export Licenses (OIEL)
The last form of exporting license is a concessionary license. It’s company-specific and is designed to cover long term exporting deals, projects, and other types of repeat business. There’s no set quantity or value of products, although the govt might set these types of controls on the license. Businesses trying to get this kind of exporting license will generally have to have a good track record in exporting before applying for an OIEL and it ought to replace a minimum of 20 SIEL applications per year. The organization will also be subject to regular compliance visits.
Exporting licenses are required by law for particular types of exports, therefore if you’re interested to get into the export business, it’s vital to understand the laws. Be sure to consult the Export Control Organisation if you’ve any questions about exporting licences.
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