In 2012, the European Union (EU) ruled that a software license legally can be treated like any other good, so long as the license was perpetually owned (I.e., not on a subscription). The analogy we often tell customers is if you run a business where you owned a fleet of vehicles, when the time came to upgrade, what would you do with the old vehicles? Leave them to rust? Of course not. You would sell them on as they still hold value. So why should a software license be any different?
Working alongside partners, we at EasySAM have helped our customers make back £1,000,000+ from re-selling old software.
An example of where we see this in the real world is where a customer moves to Office 365. All their old Office Professional Plus Licenses still hold value, and in a lot of cases this can be a sizeable figure.
On the 31st December 2020, the United Kingdom (UK) formally left the European Union (EU). A withdrawal agreement (‘Treaty’) was agreed, and the following summarises the key facts concerning how that Treaty affects the trade of pre-owned software transactions between the UK and the EU:
One of EasySAM’s partners for re-selling software is a company called Discount Licensing. They had this to say on the matter:
To summarise, the main changes are for licenses ‘put into use’ in the UK on or after 1st January. As was mentioned earlier, licenses ‘put into use’ in the UK before this date can still be resold to EU customers, however from the 1st Jan, they can only be sold into the UK.
If you think you may have a surplus of old licenses that are no longer being used, get in contact with us today and see if they have any value. You could be sitting on a great deal of money and not even know it! To find more info on Software Re-harvesting click here.
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