FHDDS24200 - Policy and background: how the scheme works: obligations of an approved person

(The Fulfilment Businesses Regulations 2018, regulations 8-13)

Once a fulfilment business receives approval it will be registered for the scheme and will have certain obligations that it must meet, it should:

  • Issue a Notice of Obligations to all its overseas customers, see FHDDS31620.
  • undertake due diligence checks on its overseas customers, see and
  • keep certain records, see
  • notify any changes to a fulfilment business鈥檚 registered details, see FHDDS35210
  • notifying HMRC where an overseas customer does not comply with VAT/customs duty obligations, see and .
  • cease trading with an overseas customer that continues to be non-compliant, see .

There are penalties for failing to comply with these obligations - see FHDDS50000.