11 Brexit Considerations for Business

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key issues for business

1.    Paperwork Import/Export and Audit Trails/Special Document/Export Control Licences.

2.   Customs Data – Where is this held and Checked Tariff Codes, Origin of Goods / Valuation Rules.

3.   Incoterms – Much More to consider on trade with EU EXW/DDP Problematic.

4.   Customers (Importer?) – Does your Customer or Supplier know how they will be impacted? Brexit impacts on them just as much

5.   Customs Procedures – Will you need to use more complex procedures? Inward Processing/Outward Processing/Customs Warehouse

6.   Communication – How will you Communicate your approach to Customers/Suppliers and Stakeholders – Now and After Jan 1st

7.   Complex Shipments – How will these be managed trade with the EU – EU Movements, Exhibitions, Taking Tools to EU

8.   Free Trade Agreement (Deal) – if we get the Deal will you use it? Will you be able to use it? And meet Preferential Rules of Origin.

9.   Border Procedures Road – Have you looked at how these will work – will you need to use Transit – has you customer got a broker/ Deferment account?

10.  Border Procedures Courier – What happens when parcels / goods arrive in the EU is your customer ready as importer?

11   Resources.

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