Trading with the EU from 1 January 2021 Workshop
On the 1st January 2021 the UK entered a new trading era with the EU.
The new UK-EU Trade and Cooperation Agreement (TCA) is quite unique and this, coupled with the new border operating model, will impact the way that all goods are moved between the two Parties – whether by parcel, pallet, or container.
Have you considered how your legal responsibilities will change as an importer and/or exporter? Do you understand the customs process and the requirement to be HMRC compliant?
These changes may have significant implications for your cost base, your staff workload (and training requirements), your operating procedures and compliance. You HAVE to understand the new rules to ensure your goods keep moving and reach their designated destination without unnecessary delays.
This course will provide an overview of the key aspects of the new trading relationship with the EU.
Workshop Programme in Detail
– Overview of new trading position
– UK-EU Trade and Cooperation Agreement
– Trading with Northern Ireland
– Key terminology in international trade
Practical Issues
– Clarification of the Import/Export process
– Overview of the new border operating model
– Customs declarations and compliance
– Essential documentary requirements
– Implications for duties and VAT
– Non-tariff barriers – placing goods on the EU/NI/GB market
– Legal responsibilities of the importer/exporter
– Overview of new rules of origin
– Importance of Incoterms® rules
– Impact issues – beyond the obvious
– Trade Toolkit
Course Outcome
Delegates will leave with an understanding of the new rules in international trade which will enable them to develop their own business processes and procedures and determine any further staff training needs to keep trade flowing as efficiently as possible. Course materials will be provided, including a trader toolkit of reliable ‘go to’ reference sources.
Who should attend
This course is suitable for companies exporting and importing products to and from overseas markets (it is not relevant for service companies) – whether new to the process or simply wanting to update their knowledge. Everyone within an organisation is involved in some way, however those staff who have a greater responsibility for sales, purchasing, shipping, and maintaining appropriate export/import records will benefit the most from participation.
Please note this event is organised by East Midlands Chamber of Commerce, who will be hosting the event and will be in touch with joining information.
Event Details
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