Brexit is potentially the single biggest disruption ever to face UK business. It is already having a significant effect and the ongoing consequences will be long lasting.
Regardless of the terms of Brexit, the result will be the loss of all current rights and benefits for UK businesses within the EU until future arrangements are put in place. That loss will be immediate.
Businesses are already feeling the effects because of the uncertainty and there is no guarantee as to what resolution there might be or the nature of any future arrangements with the EU.
One of the significant collateral effects for UK businesses after Brexit, is that they will not benefit as they do at present from trading agreements with other Non EU countries since those agreements currently in force have been negotiated by the EU on behalf of Member States.
Uncertainty over the future of consumer rights after Brexit is making consumers wary of the dangers of dealing with non-EU businesses. That means that UK businesses selling to consumers outside the UK face challenges in maintaining those customers.
UK businesses importing or exporting to any EU State need practical strategies to ensure the smooth running of their business, whatever the outcome of Brexit.
Our proposal ensures that your business remains an attractive proposition to existing and potential future trading partners based in the EU and beyond, whilst making commercial and economic sense to all involved. We can provide practical advice and a range of services tailored to individual business needs including:
· Ensuring enforceability of contracts throughout the EU
· Ensuring existing simple debt collection procedures remain available
· Reducing exposure to exchange rate fluctuation
· Minimizing exposure to VAT payments
· Ensuring ease of regulatory compliance throughout EU
· Maintaining EU wide protection of Intellectual Property Rights
· Banking support
· Assurance to consumers and reduction of reputational risk
Copyright © 2020 Trade Without Borders - All Rights Reserved.
TWB Business Services Limited t/a Trade Without Borders is a company registered in Ireland. Company no. 661627.
Registered Office – 2 Riversdale Court, Queens Park, Monkstown, Co Dublin A94 E8H7.
Directors – C. Conlon, G. McNally, F. Stelfox. Company Secretary - G. McNally.