Getting business ready for the UK's EU Exit
The country is currently in a transition period until the end of 2020, while the UK negotiates additional arrangements with the EU and other potential trading partners.
The UK has left the EU and the Transition Period will end on 31 December 2020. As we transition to our new relationship with the EU, businesses need to take action to prepare; see the attached document for more information.
From 1 January 2021, there will be a series of guaranteed changes and opportunities for businesses. Many of these changes will be required regardless of the agreement we reach with the EU on our future trade relationship, as the UK will be leaving the single market and customs union.
The UK Business Secretary Alok Sharma has released a statement about the need to prepare and has urged UK businesses to use the Transition Checker and sign up and/or watch the sector webinars below which were held during October and to be held during November (more webinars are expected to be added).
- Retail - 14 October
- Automotive - 14 October
- Metals and Materials - 20 October
- Electronics and machinery - 21 October
- Consumer Goods - 22 October
- Life Sciences - 27 October
- Construction - 28 October
- Aerospace - 29 October
- Using personal data from 1 January 2021 - 11am, Wednesday 18 November
- Business travel and investing or establishing in the EU, 11am, Wednesday 25 November
Access the webinars at this page: http://bit.ly/TransitionWebinarsN
The current rules on trade, travel, and business will change on 1 January 2021. Make sure you know how this will affect your business and how you can prepare plans in advance.
You need to act now if you’re:
- importing goods from the EU
- exporting goods to the EU
- moving goods to or from Northern Ireland
- travelling to the EU
- living and working in the EU
There is also a range of useful information and guides available here,