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The Somerset Chamber of Commerce, as part of the Accredited Chamber Network, is focused on the practicalities of Brexit for business communities across the UK. Since the referendum, the Chamber of Commerce Network has been working, together with members, to identify areas where companies have concerns and calling for government to answer those practical and pragmatic questions.
We believe that there’s power in working together. As the UK approaches its departure from the EU, it’s crucial that businesses are doing all they can to prepare for the future so we’ve compiled resources to help firms plan for change.
Partnership pack: This pack has been produced by Government to help businesses preparing for changes at the UK border, should we leave the EU with no deal.
Unanswered Questions: These are the questions that the British Chamber of Commerce feel are still outstanding, it is a great reference to understand the impact on our business in a no deal scenario.
In the case of a no deal Brexit, UK businesses trading with the EU will need a Economic Operator Registration and Identification number (EORI number) to continue trading.
The form should take no longer than 10 minutes to complete and will ensure continuation of trade should we exit the EU with no deal.
Do you have a workforces that includes EU nationals?
With up to 12% of the UK workforce coming from the EU, it is vitally important that businesses prepare and support existing staff of European nationality.
The recommendation is that staff apply for Settled Status as soon as possible to ensure they have the right to remain working in the UK, regardless of the outcome of negotiations. The EU Settlement Scheme is currently in a trial phase until the 29th March 2019, and because of this, it is currently offering applications free of charge (money refunded post application).
Preparation – business continuity is key, what could stop you doing business?
Act Now – don’t delay!