We are supposed to be leaving the EU next March, but as someone who did trade inside and outside the EU the following questions would be vital for me to have answers to now, not in a month or twos time, but now. The list has been compiled by the British Chamber of Commerce, but I would be tearing my hair out by now not knowing what is going to happen.
BUSINESS TRAVEL
Will business travel between the UK and the EU involve further administration, costs or visas?
STAFF TRANSFERS
Will my business be able to move skilled staff members between the UK and the EU in future?
HORIZON 2020
Will UK firms and institutions be able to participate in European R&D projects after 2020?
EUROPEAN INVESTMENT BANK
Will UK projects be eligible for support from the EIB after 2020?
ESIF FUNDS UK REPLACEMENT
How will the UK replacement for EU Funds work, and how can my company access opportunities?
IMPORT VAT
Will I need to pay VAT on goods at point of import? Will I be able to use postponed accounting or have access to more generous deferment account terms to offset the cash-flow issues?
SERVICES VAT
Will I need to become VAT-registered in every EU member state where my firm has clients?
REGULATORY AGENCIES
Which regulator will be overseeing my business in the future, and what rules do I need to follow? Is the UK government going to charge businesses for the creation of new regulatory agencies in the UK?
PRODUCT TESTING
Will conformity assessments on products conducted by a UK body will continue to be sufficient for the product to be sold on the EU market?
DISPUTE RESOLUTION
What dispute resolution and means of redress will be available to my business in the future?
MOBILE ROAMING
Will my business have to pay mobile roaming charges in the EU after
Brexit?
CUSTOMER DATA
Will my business continue to be able to hold and transfer data and personal information without any interruptions after we have left the EU?
TARIFFS
Will I be able to continue trading without tariffs with the EU in the future?
RULES OF ORIGIN
What rules of origin will I need to comply with once the UK has left the EU? Will I be able to UK and EU content to be counted as single origin, both when trading with the EU and with third countries?
CONTINUITY OF EU FTAS
Will my company still have access to markets on the same terms as now once we have left the European Union?
BUSINESS ENGAGEMENT STRUCTURE
How will my business be able to contribute directly to future trade negotiations?
AVIATION
Will I still be able to fly people and/or goods between the UK and the EU after Brexit day – or could travel be disrupted?
CUSTOMS
Will my goods be subject to new customs rules, procedures and inspections at the UK or EU border in future? Could my shipments be held up and delayed?
INSPECTIONS
Will there be new health or safety-related inspections at the UK-EU border that my company will need to deal with?
DECLARATIONS
Will I need to do additional customs-related paperwork, including import and export declarations, when trading with the EU?
TRUSTED TRADER SCHEMES
Will my business be able to become a ‘trusted trader’ to move quickly through borders in future – and what will the process be?
IRELAND
What, if any, procedures will my company face trading cross-border between Northern Ireland and the Republic of Ireland?
Sorry that it is such a long post, but these are questions that cannot wait to be answered any longer.