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News & Knowledge

Preparing for Brexit: A guide for SMEs

24th November 2020

Prepare your business for the new rules that will apply from the 1 January 2021. MSI's Northern UK law member Myerson Solicitors has prepared this useful guide for SME's.

The United Kingdom left the European Union (EU) on Friday 31 January 2020 (the Brexit Date). Following the Brexit Date, a transition period started, during which time the United Kingdom remains subject to the laws of the EU and remains a
member of the EU single market and customs union (the Transition Period).

The Transition Period will come to an end on 31 December 2020, regardless of the outcome of the ongoing negotiations between the EU and the UK with regards to a new trade deal and other additional arrangements.

This guide is intended to provide an overview to help your business prepare for Brexit. The guide includes:

  • sections explaining the key implications of Brexit;
  • guidance on steps your business needs to take to prepare for Brexit; and
  • links to resources, tools and further information to help you prepare for Brexit from the end of the Transition Period.

In particular, this guide provides information and guidance about changes that will impact a large number of SMEs, including:

  • importing/exporting goods and services;
  • data protection and GDPR issues.
  • intellectual property;
  • contractual arrangements with your customers, clients and suppliers; and
  • the impact on your workforce, including EU workers and employees.

The guide is intended to provide a summary of some of the key issues which your business may face. For further information and assistance please contact ourĀ  law member firm Myerson Solicitors (UK)

Download ‘Preparing for Brexit: A guide for SMEs’ >>

About Myerson - Manchester

Myerson was founded in Manchester, Cheshire over 30 years ago and is a leading, full service commercial and private client law firm providing bespoke legal advice to businesses and affluent individuals across Manchester, Cheshire, the UK and beyond.

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