The Government has said it remains committed to leaving the EU with a deal, however, it is encouraging businesses across the UK to put contingency plans in place should the country leave the EU on 29 March 2019 without a deal.
Back in December, HM Revenue & Customs published three key steps that all to VAT-registered businesses that traded with partners in the EU should take, which included registering for a UK Economic Operator Registration and Identification (EORI) number.
Businesses that only trade with the EU will need an EORI number to continue to import or export goods with the EU after 29 March 2019, if the UK leaves the EU without a deal.
They will also require a number before they can apply for authorisations that will make customs processes easier.
Registration for an EORI number is relatively straightforward and can be completed online in around 10 minutes by clicking here.
Those businesses that currently trade with the EU may also wish to hire a dedicated agent to assist them with import and export declarations. The option to make the declarations themselves is also available, but they may require additional software.
Guidance on declarations can be found here.
The Government’s original guidance published last year can also be found here.
At Reanda UK, we continue to support businesses in their preparations for the UK leaving the EU and are working with firms internationally to ensure continuity of trading by assisting with the establishment of subsidiaries and other arrangements inside the UK.
If you are concerned about the impact that Brexit may have on your business, please contact us.