Is your business ready for no deal? If not, you’re running out of time

Dawn Bowden AM said “The Welsh Government have issued important advice for local businesses. While I believe we should all seek to avoid a ‘no deal’ situation this advice is still important for those many local businesses who may be affected should it happen on 31st October”.   

This is the message from Welsh Ministers today, as they publish important advice for businesses.

The UK is due to leave the EU on 31 October – with or without a deal – and Welsh businesses need to be prepared.

The Welsh Government has made it clear that faced with a choice between a no deal Brexit or remaining in the EU, it will campaign vigorously to remain. Given the increased threat of a no deal Brexit, it is pressing for a referendum with remain on the ballot to achieve that goal and protect Wales’ interests.

Is your business ready for a no deal Brexit?

Here are 5 simple steps you can take to prepare your business:

  1. If you are an importer or exporter, you’ll need an Economic Registration and Identification (EORI) number. Get an EORI number on GOV.UK
  2. Do you use or transfer personal data into the UK? Make sure you continue to comply with GDPR regulations. Check the Information Commissioner’s Office for more information – Leaving the EU: 6 steps to take on ico.org.uk
  3. Do you employ EU citizens? They will need to apply to remain in Wales through the EU Settled Status Scheme. EU Settlement Scheme: employer toolkit on GOV.UK
  4. If you are a manufacturer, check regulatory requirements for UK and EU markets for labelling, approvals and testing. Regulations and standards after Brexit on GOV.UK
  5. You can visit our Business Wales Brexit Portal to assess how prepared your business is and get detailed and expert advice.

 

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