The UK left the EU on 31 January 2020, and the subsequent 11 month transition period ended on 31 December 2020. The UK’s ongoing relationship with the EU is now governed by the EU Withdrawal Agreement and a Trade and Cooperation Agreement (“TCA”) agreed on 24 December 2020.

How can Burges Salmon help?

The legal and commercial implications of the UK’s new trading relationship with the EU are very far-reaching. We are issuing sector specific guidance in areas as diverse as employment lawintellectual propertyfood and farming and transport which should help inform the decisions you’re making for your business as the impact of the TCA, and the development of the UK’s approach to EU and international trade becomes clearer. 

If you would like further information on how the TCA may affect you or your organisation then please get in touch.

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The implications of the TCA are far-reaching. Our sector specialists can help you understand how the TCA will affect your organisation.

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Wider marketplace and commercial issues Many businesses are already experiencing changes in the labour market and currency effects. Cost and availability of certain supplies/ goods may change substantially.
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Compliance with future tariff and trade requirements Importers and exporters will need to have measures in place to comply with additional administration and to pay additional tariffs.
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Period of regulatory and legal uncertainty New UK regulations are likely to replace EU law and bring into effect future trade arrangements. Legal uncertainty is likely for some time while these changes bed in.
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Staff and employment requirements will change EU citizens working in the UK and UK citizens working abroad will face additional requirements for work, residence and travel, after 31 December 2020.
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Supply chain issues Supply chains may be affected by tariff and country of origin requirements. Where goods contain constituents from multiple sources, identification of country of origin rules will change.
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Changes in sources of funding EU funding will cease. Funding (and administrative requirements in relation to it) for certain sectors may change.
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Border issues Businesses dealing with or dependent upon cross-border transit will face additional hurdles.
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Issues around brand names and designs Rights holders will need to apply for separate UK trade mark/ designs as well as EU rights. The coverage of existing rights will change.

Key contact

Chris Seaton

Chris Seaton Senior Partner

  • Senior Partner
  • Employment
  • Partnerships

International Trade

Our international trade lawyers provide international legal advice to help clients succeed in global trade. We help clients navigate the complexities of Brexit and maximise trade opportunities.
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