It is the ambition of the European Union to introduce in due course a system of ‘Centralised Clearance’ across the EU and Member States. Member States are currently standardising their import and export systems to enable goods arriving anywhere in the EU to be declared and processed in a single Member State. The introduction of ‘Centralised Clearance’ combined with a ‘one stop shop’ approach will allow future IOM EPU users to import/export goods anywhere in the EU while accounting for their arrival/departure via the IOM. From that point, businesses using the Isle of Man EPU will be able to trade into Europe even more efficiently and cost effectively.
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