The Biggest Challenges for Businesses Right Now

The biggest challenges for businesses right now

We have gained a lot of on-the-ground insight into what the challenges are for businesses right now, and have tips on how best to handle and avoid them. We hope you find it useful. Declaron customers may receive further help and insight through our on-hand customer support team and live Q&A sessions…

Right now it’s almost like you solve one problem, and another one arises fairly quickly. Companies are starting with the basics such as EORIs and how to do the customs declarations and get their origin information. However, once they complete this they realise that there is another problem.

The biggest challenges right now & those arising in the coming months

If you’re a UK company and you’re importing into Ireland, you need to look at do you need to be established here and VAT registered here, and consider how long is that going to take you then? 

In terms of the food products, which were fairly clear on the phytos and the health certs, but now what if you have to deal with the HSE because you’re not a plant-based product, but you are food-based products?

So, you’ve got those and then you’ve got all the standard issues and CE marking. Do you need a representative in the E.U.? 

You’ve got the first of July coming down the path on the UK side where we will have full import declarations. Then the first of April, where there is going to be the phyto certs and health certs coming into through the U.K. 

You’re also looking at customs duty savings procedures. If you’re going to be able to take advantage of the trade agreement if you’re importing from outside the EU. So, going out and doing some manufacturing and shipping on to the UK, otherwise you’re going to have a double duty. 

How to handle these challenges 

What this all means is that you really need to look at it, even though everyone is trying to catch their tail at the moment and just deal with one problem at a time. If you have the chance, it’s really important to be able to stand back and actually look at your supply chain, look at what’s happening, and really put in place a process, and put in place some planning. So just at the moment, people are very reactive, obviously, but I think once you get out of the chaos time, do try to stand back and plan ahead because there’s a lot of planning. As difficult as it is right now, it’s never good to just be reactive. You will overspend and you make mistakes and deal with your problem in the short term as only as a short-term fix. But you still have to have a long-term solution. 

For example, things like do you need to go through the land bridge or can you take advantage of the new ferry routes? If you can, how far in advance do you need to book them? It’s much easier, but it’s going to take longer. Ideally, from a customs perspective, get on the ferry going around the UK and don’t go through if at all possible. But that may or may not work for various reasons.

If you’re realising that you’re getting hit with customs duties on the basis that you have UK products being imported, you don’t qualify for the trade agreements, the manufacturing exports, you need to get an inward processing authorisation that’s going to take three months, then for you to get VAT registered that’s another six to eight weeks. So nothing happens fast in the customs world unfortunately, so getting prepared is the best thing businesses can do right now.