Brexit Update: Are your compliance processes and supply chain ready?

On January 1, 2021, the United Kingdom and European Union initiated new trading regimes as part of their final separation. The regimes include the EU-UK Trade and Cooperation Agreement (TCA), which removes tariffs on the vast majority of goods traded between the two entities, but also the implementation of new Value-Added Tax accounting, new customs documentation and new regulatory requirements.

The launch of the new trading regimes has resulted in significant disruption, including border delays and incalculable time spent by businesses trying to understand customs requirements to which they had never been exposed previously. Beyond the disruption lies significant risk of non-compliance in preferential-duty claims that could result in fines or penalties and/or retroactive duties. There are opportunities to mitigate the administrative burden of Brexit and to achieve cost savings, but understanding what is required is essential.

Attend this live session to learn more about:

• Changes in the UK-EU trading relationship since January 1, 2021
• The impact of those changes on trading businesses.
• The customs documentation required to import goods into the UK and export to the EU.
• The programs available to ease the administrative burden, defer tax payments and avoid payment of unnecessary.
• Origin requirements and duty waivers under the TCA.

Who Should Attend?

Multinational businesses that perform UK and Intra EU Trade, companies who currently conduct business in the UK and EU, compliance managers, CFO and CEOs.