Doing business with the United Kingdom (UK) will change drastically for companies within the European Union (EU) as of January 1, 2021. The transition period will last until December 31, 2020, but after that date Brexit will be a reality. The EU and the UK are still negotiating the terms of their future relationship, but whatever the outcome, you need to be prepared.
- Step 1: Analyse the supply chain
- Step 2: Check your logistics partners
- Step 3: Check the contracts
- Step 4: Make sure you have arranged the right formalities
Source Baker Tilly
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