The UK has been granted an extension on it’s official departure date from the European Union, with the new deadline set for 31 October 2019. If there is no agreement by this new deadline, the UK will leave the EU on 31 October 2019 in a ‘no-deal’ scenario.
Please find below information on the possible Brexit scenarios as well as the link to the Brexit section of Chambers Ireland website.
- Should the UK Parliament accept the Withdrawal Agreement before the 31 October deadline, the UK will be granted a transition period up until 31 December 2020, with the features of the UK’s membership of the EU remaining in place -i.e. the status quo
- In the event of a trade agreement between the UK and EU in the future, following the UK’s departure from the EU, preferential movement certificates will likely be required but in Ireland – these documents are issued by Revenue, not Chambers
‘Useful Resources’ page – features a new ‘Brexit Preparedness Checklist’ from the Department of Business, Enterprise and Innovation to help businesses with their Brexit preparations
Chambers Ireland have also complied a brief fact-sheet that may help you to review how best to prepare for a no-deal.