Preparing for the EU exit

With the UK set to leave the EU Customs Union and Single Market on 31 December 2020, businesses must take action now to prepare.

As we near the end of the transition period with the European Union (EU), businesses need to focus on practical considerations, cope with new rules and limit any disruption that could affect them.

Those businesses that do this should be in a stronger position to take advantage of the opportunities the EU exit offers.

Official government guidance +

The UK Government has produced guidance for businesses on how to deal with the EU exit.

It includes action that you can take now – and which doesn’t depend on the outcome of negotiations with the EU – to prepare for when the UK leaves the Customs Union and Single Market on 31 December 2020.

You can use the transition checker tool at gov.uk/transitionLink opens in a new window to identify the specific steps you need to take to be ready on 1 January 2021.

EU exit webinars

The Department for Business, Energy and Industrial Strategy (BEIS) has hosted a number of free EU exit webinars to help businesses check the new rules and understand what they need to do to prepare.

See the full schedule and sign up for live webinarsLink opens in a new window. All webinars will be available on demand after the live broadcasts.

The following sessions have already taken place however you can still view the webinars via the links:

Upcoming webinars:

Changes to intellectual propertyLink opens in a new window – from 1 January 2021

You can also sign up to receive a regular Business Readiness Transition Bulletin newsletterLink opens in a new window from BEIS. This provides information on major announcements and recently published guidance.

Devolved administrations

Scotland

The Scottish Government websiteLink opens in a new window has information to help businesses in Scotland.

Northern Ireland

Invest NI, Northern Ireland’s regional economic development agency, has produced information for NI businessesLink opens in a new window to prepare for the EU exit.

Wales

The Welsh Government has created a portalLink opens in a new window to provide information for businesses in Wales.

EU exit checklist +

While there is still some uncertainty around the UK's future relationship with the European Union, businesses that trade with or provide services in the EU need to have contingency plans in place that are flexible enough to cope with a variety of possible outcomes.

The Institute of Chartered Accountants in England & Wales (ICAEW) has produced a checklistLink opens in a new window of areas that businesses need to consider.

Scotland’s enterprise and skills agencies are urging all businesses in Scotland to continue to actively prepare for the changes taking place. Learn more at the PrepareforBrexit.scotLink opens in a new window website.

And the Confederation of British Industry (CBI) has created its UK transition hubLink opens in a new window, where businesses can find information to help them navigate the EU exit.

Additional support +

GOV.UK – UK transition Link opens in a new window

Information from the Government about the UK transition and what to do to prepare, and a personalised list of actions for your business to take.

UK Finance – EU exit information Link opens in a new window

Guidance and advice on the EU exit, from the organisation that represents the UK's banking and finance industry.

The Institute of Chartered Accountants in England and Wales (ICAEW) Link opens in a new window

A range of resources to help prepare for the end of the transition period on 31 December 2020.

Regional support

Enter your postcode to find business support and case studies from businesses within your region. You'll be taken to our interactive map.

Reference to any organisation, business and event on this page does not constitute an endorsement or recommendation from the British Business Bank or the UK Government. Whilst we make reasonable efforts to keep the information on this page up to date, we do not guarantee or warrant (implied or otherwise) that it is current, accurate or complete. The information is intended for general information purposes only and does not take into account your personal situation, nor does it constitute legal, financial, tax or other professional advice. You should always consider whether the information is applicable to your particular circumstances and, where appropriate, seek professional or specialist advice or support.