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EU/UK transition: advice for businesses

Following the UK’s exit from the EU, new rules for businesses come in on 1 January 2021. Find out what you need to do to get ready.

If you run a business in Islington – and employ a number of people from EU countries or import and export goods and supplies – it is likely that there will be some additional things that you will need to do. It is important that you take action now to avoid any potential disruption to your business. 
 
What you need to do to depends on the type of business you run. The key steps you need to take include:

  • Getting an EORI number. If you need to move goods between Great Britain (England, Scotland and Wales) and the EU you will need an EORI number. You may also need one if you move goods to or from Northern Ireland.
  • Reviewing your staff and hiring needs to ensure you’re ready for the UK’s new immigration rules and requirements for travelling to EEA countries. If you employ staff from the EU, they will need to apply for settled status to continue living and working on the UK after 30 June 2021. Find out about local advice and support.
  • Reviewing your supply chain. If you are a buyer or seller, it is important to understand how changes for businesses in your supply chain will affect you.
  • Reviewing your contracts to check for any terms that refer to the EU, rely on EU regulation or might need to be reviewed in light of the UK’s exit from the EU.  

For a tailored list of steps for your business and the most up-to-date information, please visit GOV.UK 

Get a tailored list of steps

 
There is also useful information available from the London Growth Hub, your local Trade Association, FSB and the British Chambers of Commerce.

Sign up to free webinars

The council is working with the London Growth Hub to run free advice sessions for SMEs on how the UK’s exit will affect your business. Additional dates will be added shortly. 

The Department for Business, Energy and Industrial Strategy (BEIS) is hosting free webinars to help you check the new rules and understand the actions to take. Sign up to a webinar.

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