Talks between Britain and the EU on a trade deal are still ongoing, with both sides saying the other needed to compromise.
British Prime Minister Boris Johnson said on Friday there was no point in continuing discussions, and it was now time to prepare for an exit without a trade deal. Michael Gove has claimed the door is still “ajar” for Brexit trade talks to continue, as Sir Keir Starmer urged ministers to show flexibility in the remaining weeks of the transition period to secure a deal in the “national interest”.
As things stand the UK is leaving the EU’s Single Market and Customs Union at the end of the year and there are some definite actions businesses need to take now. These actions are required whether we end up with Australian or Canadian-style trading arrangements.
If you sell goods to the EU, you must prepare for new customs procedures.
If you travel to the EU for work purposes you will need to check if you need a visa or work permit and apply if necessary.
If you employ overseas nationals, you will need to prepare your business for the implementation of the new immigration system.
From 1 January 2021, if you want to hire anyone from outside the UK, including from the EU, you must be a Home Office licenced sponsor.
If you are a UK business or organisation that receives personal data from contacts in the EEA, you may need to take extra steps to ensure that the data can continue to flow legally at the end of the transition period.
If you provide services in the EU, you must ensure that your qualifications are now recognised by EU regulations to be able to practice or service clients in the EU.
Leaving the EU without a deal (or even with a deal) means there are both new challenges and new opportunities for businesses. But one thing is absolutely certain, changes are coming in 71 days and time is running out for businesses to act.
Should you have any queries or require assistance in preparing your business for a no-deal (or deal) Brexit please contact Claire Sumner on firstname.lastname@example.org.