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Brexit and what it means for you

Collage showing Britain and Europe

Now that the UK has left the EU, what does this mean, and what must we do to adapt? We’ve found lots of resources to help you operate your business after Brexit.

The UK has left the EU and new rules now apply. We asked Scottish Enterprise to explain how this affects us and our businesses, in order to keep operating in the new environment.

Since 1 January, many businesses have had to adapt to new requirements. For example, the process for importing and exporting goods from the EU will see around 18,000 Scottish businesses having to submit customs declarations for the first time. Many businesses choose to hire a person or business, such as a customs agent, freight forwarder or authorised Chamber of Commerce, who can help with this transition.

We know too that product labelling and marking regulations have changed, with a new UKCA marking introduced on 1 January to appear on goods placed on the Great Britain market. Additionally, goods sold in the Northern Irish market will require the CE marking or UK(NI) mark.

Knowing and understanding all of the actions your business should be taking now can be daunting, but help is at hand.

“My business won’t be affected as I don’t trade with the EU.

There is a misconception that Brexit will only impact businesses that export: wrong!  Even if you are not an exporter, Brexit still has the potential to impact your business. For example:

  • If you employ EU/EEA staff you will need to understand the changes under the new UK Immigration policy.
  • If you provide services in the EU or EFTA region you will need to have UK professional qualifications officially recognised by the appropriate regulator for your profession in each country where you intend to work.
  • Supplier costs may have increased, e.g. consumables, recruitment, materials – have you carried out cashflow projections?
  • If your business receives personal or customer data from the EU/EEA, you may need to ensure compliance with data protection from 1 January 2021.
  • If you travel in the EU for business you may need a visa or work permit, or additional documents depending on your business activities. Check too that your passport remains valid for at least six months.

You can take action now

Helpful Resources:

The Scottish Enterprise website offers support for all businesses in Scotland to access the most up-to-date information and advice, no matter what planning stage they are at

The GOV.UK site is a helpful way to check if you’re on the right track with its Brexit checker list. You can also find commonly asked questions in the Brexit FAQs section

Visit FindBusinessSupport.gov.scot for more tailored support for businesses. Use this handy timeline  to run through all key dates and deadlines

Don’t leave it too late for your business. Visit the Scottish Enterprise website today and make sure you’re taking the necessary actions to protect your business.

 

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