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Trading with the EU: 6 key actions for your business

As UK begins its new start outside of the EU there are a range of actions businesses must take to prepare to avoid any potential disruption to their operations.

The 6 key actions many firms may need to take are:

Extension of the Trade Credit Reinsurance Scheme

The Trade Credit Reinsurance Scheme has been extended for six months until 30 June 2021. The scheme ensures that trade credit insurance coverage and credit limits are maintained during the Covid-19 pandemic to help UK businesses trade with confidence.

More than £1.7 billion reaches businesses in Wales

Businesses in Wales have received in excess of £1.7 billion from Welsh Government since the beginning of the coronavirus pandemic.

The funding includes over £520 million provided through Welsh Government’s Economic Resilience Fund with more payments reaching firms daily.

SME Equipment Access Scheme

The Henry Royce Institute for advanced materials is offering access to state-of-the-art materials science and engineering equipment to support SMEs, spin-outs and start-ups.

Intellectual property after 1 January 2021

From 1 January 2021, the UK Intellectual Property Office will create a re-registered UK design for every international design (EU) that is protected at the end of the transition period.

Trading with the EU: Professional Business Services

Get your EU professional qualification recognised in the UK: Find out how to get professional qualifications obtained in the EU, Switzerland, Norway, Iceland and Liechtenstein recognised in the UK has been issued.

Protect homeworkers during the coronavirus pandemic

If you have people working from home as a result of the coronavirus pandemic, the Health and Safety Executive (HSE) has advice for employers to follow. 

Issues employers  should consider include:

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