The UK voted to leave the European Union (EU) in June 2016. Article 50 was invoked and the formal exit is scheduled to take place on 29 March 2019. Negotiations are underway with numerous potential options including a hard exit, a soft exit or no deal.
Many businesses have not started planning for Brexit due to the confusion and lack of certainty to date. Businesses may need to implement new procedures with the following activities most likely to be affected:
• Importing goods
• Exporting goods
• Selling to customers who export
• Sending staff to the EU to do business
• Employing EU staff
Both the North East Growth Hub and North East England Chamber of Commerce have published information on Brexit.
The North East Growth Hub has prepared a series of guides, documents and information in order to prepare businesses for BrexitNorth East Growth Hub – Brexit Toolkit
North East England Chamber of Commerce have published a knowledge hub, toolkits, news and a series of Brexit Events.NECC – Preparing for Brexit