The UK has left the EU, and for British exporters, that presents both opportunity and uncertainty.
While the new trade agreement places no tariffs or quotas on
goods traded between the UK and EU from 1 January 2021, it
may come with additional costs and bureaucracy as the UK is
no longer part of the single market and customs union.
There’s potential for businesses to branch out to new markets outside of the EU, but that comes with a new set of rules and procedures to navigate now that the transition period has come to an end.
If you can see your business going international over the next few years, there are certain steps you need to take to prepare.
In this Active Practice Update we look at the following matters in respect of developing your export market including:
- Market research
- Preparing to export
- Refining details
- Getting finance
If you require further information, please do not hesitate to contact us.