We have established Formula Swiss UK Ltd. as a subsidiary in North Yorkshire in the U.K. and have applied for local VAT registration.
Having a local presence in the U.K. will have many positive implications for our customers and wholesale partners.
From end of April, our customers in the U.K. will no longer have to deal with the Brexit-implications. The local custom clearing will be much faster going forward, and our customers will no longer have to pay any kind of fees, duties or VAT when receiving our products.
We will pay local VAT and import duties for all deliveries to the U.K.
We have notified the Office for Product Safety and Standards (OPSS) about all our cosmetic CBD products available to Great Britain consumers.
All our product information is available for the British authorities in the Cosmetic Product Notification Portal' or 'SCNP', a similar system as the European Union's CPNP system.
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