In the event of a no deal Brexit, the business community has to be prepared if they trade with the EU. The following points must be considered :
- There will be changes to UK-EU trade at the UK border including on customs, tariffs and VAT.
- Companies will need a UK Economic Operator Registration and Identification Number to continue to trade with the EU. They can apply at: Get an economic operator registration and identification number.
- Companies selling manufactured goods will need to check regulatory requirements and comply with new rules on labelling, approvals and testing. Information can be sourced at: Regulations and standards after Brexit.
- New rules including visa regulations if providing services or operating in the EU around branches/subsidiaries, planning a merger with an EU company, have employees who travel to EU/EEA countries or Switzerland for business or providing services in a regulated profession. Information can be sourced at: Structuring your business if there is a no deal Brexit.
- There will be changes on how send and receive personal data from international partners, including in the EEA. Information can be viewed at: Using personal data after Brexit.
- Bedford Borough companies will still be able to employ EU citizens as they currently do and are required to conduct the same right to work, checks. Information can be viewed at: Employing EU, EEA and Swiss citizens after Brexit.
- EU, EEA and Swiss citizens should apply to continue to work in the UK under the EU settlement scheme.
- There may be changes for Bedford Borough companies who hold intellectual property, affecting copyright, patents, designs and trademarks. Information can be sourced from: Ip and Brexit, the facts.
Companies are advised to complete the Get ready for Brexit check on how to prepare, be best informed and receive updates.