OHI International is fully engaged in the Brexit process and has detailed plans in place.
It is impossible to tell where Brexit might lead us, and until the 29th of March we will not know exactly the implications this will have for our business. That said we are monitoring the process very carefully and working with Inter Trade Ireland, to get the best professional advice possible.
The UK will leave the EU on 29 March 2019. The UK and EU have provisionally agreed on some major issues but are now focusing on key details. The two sides have agreed on a 21-month transition period, which ends in December 2020, to smooth the way for post-Brexit relations.
Negotiations continue between the UK and EU, and an announcement is expected in mid-November with more information on the terms of the deal.
The UK government has been planning for a no-deal scenario, while stressing it is unlikely.
If the UK leaves the EU with no-deal by March 2019, shipping to the EU would be treated the same as rest of world. If there is no customs agreement post Brexit, orthoses are likely to incur duties and require customs clearance.
OHI International have already started to renegotiate commercial terms to reflect any changes in customs excise procedures and any new tariffs that may apply to UK-EU terms.
OHI International is in the process of acquiring customs software and is working with a customs broker to accommodate the customs clearance process.
We would like to stress that this scenario is extremely unlikely.
A scenario in which the UK leaves the EU with no formal agreement on the terms of the UK's withdrawal or new trade relations. At 11pm GMT on 29 March 2019, the UK would default to WTO rules.
Leaving the EU but staying as closely aligned to the EU as possible. It could keep the UK in the single market or the customs union or both. It could involve British compromises on free movement of people, allowing EU citizens rights to settle in the UK with access to public services and benefits.
Leaving the EU and leaving both the single market and customs union. It could mean ending the right of freedom of movement between EU countries, the UK needing to pay money to be a member of the EU, and EU law overriding UK law.
An arrangement in which the UK would have to allow freedom of movement of people, make a contribution to the EU budget - smaller than it currently makes - and abide by the rulings of the European Court of Justice, in exchange for remaining in the single market.
Refers to a free-trade agreement between the EU and Canada which removes lots of barriers to trade between the two, but not as many as the Norway model - and which involves signing up to more EU rules and contributing to the EU budget.
This proposal, also known as the hybrid model, would enable trade in goods between the UK and Europe without the need for customs checks. Some say it would help solve the Irish border question too, as the UK would collect the EU's tariffs on goods coming from other countries on the EU's behalf. If those goods stayed in the UK and UK tariffs were lower, companies could then claim back the difference.