The UK is now in the EU Exit Transition Period

The transition period is set to end on 31 December 2020. During this time, the UK and EU are to negotiate additional arrangements for the new rules that will take effect on 1 January 2021.

Find out how to best prepare your business for the end of the Transition Period by completing the
GOV.UK checklist here.

How will the Transition Period affect you?

The UK’s departure from the European Union will bring change for businesses of every size and sector.

Whilst some companies are already planning for the challenges and opportunities ahead, Chambers of Commerce believe that all firms, not just those directly and immediately affected, should be evaluating their business processes. Although current regulations will continue to apply for EU-UK trade during the transition period, it is essential to get your preparation underway so that your business has the necessary infrastructure in place to withstand changes post-transition.

In order to help companies think about how their operations could be impacted, the British Chambers of Commerce has created a ‘Business Brexit Checklist’, outlining key areas of operations where firms should assess what could change after the UK’s departure from the EU.

DOWNLOAD BREXIT CHECKLIST PDF

*Please note that where materials refer to precise timelines for policy these may be subject to revision as events unfold.

  • 4. Currency/Intellectual Property/Contracts

  • 5. Regulatory Compliance/Data Protection

  • 8. European Funding and Public Procurement

  • 9. GOV.UK Business Preparation Tool

Bresilience.com has been developed by Staffordshire Chambers of Commerce to provide companies with information, resources and a detailed checklist to help understand the issues surrounding international trade during the transitional period and beyond.

Contact your local accredited Chamber of Commerce to find out more about the support that is available to you.


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