The Brexit transition period ended on the 31st December 2020 (11pm GMT) and the Trade & Cooperation Agreement reached between the UK and the EU has now taken effect. To find out more about the deal and what it means for businesses click here.
The new rules bring significant changes that UK businesses will need to adjust to when trading with the EU. The GBCC is here to help businesses adapt to the new trading arrangements and will continue to provide businesses with Brexit related support and services following the end of the transition period.
The government has created an SME Brexit Support Fund to help support businesses. Traders can apply for grants of up to £2,000 and the funding can be used to pay for practical support including training and professional advice. Businesses have until 30 June 2021 to apply. Click here for further details.
1. Communicate: Reach out to your EU staff, contacts, business partners, suppliers and customers and reassure them that they remain important to your business and a part of your strategy moving forwards.
2. Research: Seek to understand your business’ current relationship with EU markets and what impact any potential changes to people & skills, trade, regulation & legal and funding environments would have on your business.
3. Prepare: Using your research, you should have an understanding of the risks and opportunities facing your business as a result of the end of the Brexit transition period. You may wish to review key strategies (e.g. recruitment, the international markets you are prioritising expansion in, suppliers, staff development & training) accordingly.
4. Seek Support: No business needs to navigate Brexit alone and while Brexit represents challenges it also brings opportunities. The GBCC is here to help businesses get ready with advice, guidance, training & peer learning.
Connect with fellow local businesses through:
Support your business through:
Grow your business in new markets through:
We are working hard to keep businesses informed about the latest Brexit Developments. Our Brexit timeline helps you keep track of the latest announcements and major milestones.
This report from the Chamber highlights how businesses are being impacted by the new trading arrangements with the EU.
This section provides guides on the EU Settlement Scheme and the UK’s points-based immigration system. Find out more information on how Brexit impacts your staff, your business’ future recruitment of EU nationals, and the ability to move citizens to and from the UK and the EU for work.
The Greater Birmingham Chambers of Commerce have produced an online guide outlining how the UK/EU border will operate from 1 January 2021 and the new processes that businesses need to be aware of when trading with Northern Ireland.
The GBCC has created a series of Brexit checklists covering a range of topics to help businesses in their preparations for the UK’s departure from the EU.
The GBCC offer a wide range of accredited international trade related training courses that can help businesses adapt to and prepare for Brexit and beyond. Topics include: Incoterms 2020, Customs declarations, Import and Export Essentials.
The Chamber has produced a number of online videos to help businesses prepare for the end of the transition period. Topics covered include: trade in goods and services, transferring data and employing EU nationals.