Feature Article
Save the Date: Chamber AGM 15th Feb
 

We are delighted to announce An Taoiseach, Leo Varadkar as the keynote speaker at our 2018 AGM Dinner. Tickets will be on sale very soon, keep an eye on your inbox for updates.

 

Also speaking at the event will be Bank of Ireland's new CEO, Francessca McDonagh as well as Dublin Chamber President- elect, Anne O'Leary, CEO of Vodafone

 

Taking place in The Intercontinental on Thursday, 15th February, the AGM Dinner is a must-attend event in the Chamber calendar, sponsored by Bank of Ireland. For further information, contact maire@dublinchamber.ie


Another Cracker of a Christmas Lunch!
 
Thank you to everyone who came along to our 2017 Christmas Lunch last Thursday! Chanelle McCoy enthralled the audience in a fascinating Q&A discussion, while comedian Colm O'Regan served up the laughs at the Lunch. A special thanks to our sponsors Vodafone. You can view images from event here.
 
Over €6,000 was also raised at the event for our charity partners, Dublin Simon and Epilepsy Ireland. Thank you to everyone who contributed and to our raffle sponsors The Corkscrew, The K Club, Aqua Restaurant, Footee Ireland, Ely Bar & Grill, Mitchell & Sons, The Lincoln Inn, The Boxty House, Saba, Kildare Village, One4All, St. Margaret's Golf Club, Grant Thornton and evolve. 

 


Chamber Council: Nominations Close Today
 

Nominations for Dublin Chamber's Council Elections will close today, Friday 15th December at 5pm.  You can nominate yourself, or any other member of the Chamber, to run for election. The Chamber Council has the important responsibility of understanding, conveying and representing the interests of the Dublin business community, helping to steer the Chamber’s policy agenda over a three-year term. The Nomination form can be found here. Elections open from 5th February to 9th February 2018.

 


More News
Simon's House of Cards
“Don’t send a card this Christmas; Address a Problem”
 

As part of our continuing work with Dublin Simon Community, we encourage our members to support people who are homeless this Christmas, through the Simon House of Cards Appeal. This vital fundraising initiative asks companies to make a donation in lieu sending cards, gifts and other Christmas gestures to their clients and business relationships.    


DUBLIN CHAMBER HAVE JOINED WITH THE SIMON COMMUNITY TO URGE COMPANIES TO SUPPORT THE SIMON HOUSE OF CARDS APPEAL

  www.simonhouseofcards.ie

 

 

The call for support comes as the latest Rough Sleeper and Emergency figures for Dublin were released this month, continuing to emphasising the scale of the problem. The official DRHE figures show 184 people bedding down across the city. This is a 4% increase since last spring and an 18% increase from last winter. In addition to this, the latest figures for the number of adults and children in Emergency Accommodation across Ireland show a growth to 8,492 in October, up from 8,374 in September.

 

Speaking about the urgent need for support, Sam McGuinness on behalf of the Simon Community said;

 

“This Christmas we are calling on the business community to support our House of Cards Appeal to raise vital funds and to stand in solidarity with people experiencing homelessness in Ireland today. Currently there are over 8,400 adults and children stuck in emergency accommodation, with countless more rough sleeping, couch surfing and in overcrowded accommodation. This year the campaign aims to raise €600,000 to continue delivering vital housing and life saving supports that will respond to the extraordinary demand on our services across the country.”

 

Urging fellow business leaders to pledge to the House of Cards Appeal, Mary Rose Burke, CEO of Dublin Chamber, emphasised the importance of the campaign to those who are being affected by the housing and homeless crisis.  

“As the situation in our cities continues to deteriorate, we need to take action now more than ever. The Simon House of Cards Appeal is an effective way for companies to make a real and lasting impact in the lives of people who are without a home and those who are living in real and constant fear of losing their home. Most importantly, by supporting this campaign, companies will provide hope to those who will be without a home this Christmas, as the Simon Community can continue to provide long term homes to move people out of homelessness for good.”

Mary Rose Burke continued to say that Dublin Chamber have committed to creating a sustainable solution to the housing crisis by choosing Dublin Simon Community as their charity partner for two years.

“Housing is the biggest issue currently facing Dublin. We want to help change this. Through the partnership, we want to be involved in the community and work together towards building a better place to live and work in Dublin. By getting involved in different activities over the two year period and creating awareness of the House of Cards Appeal, we hope to make a lasting difference, with sustainable solutions.”

 

 

 

 

 

 

Brexit Update
 

The news from the Brexit negotiations that there will be no hard border on the island of Ireland is good news for Irish business.

 

Richard Brown, Dublin Chamber's Export Services Manager, gives an update on what this all means for importing and exporting documentation with the UK and Ireland.


The news from the Brexit negotiations that there will be no hard border on the island of Ireland is good news for Irish business. This is expected to be a contributory factor to the ‘sufficient progress’ requirement to move on to the next phase of negotiations which will be put before the EU heads of state on Friday 15th December.

 

As the negotiations continue there is increasing pressure to have agreement on a transition period concluded.

 

This is necessary for many reasons, in particular:

  • Business will need a year to make preparations and introduce new Customs procedures. 
  • The Authorities need a significant increase in the number of customs officials in the UK, Ireland and the EU. These are unlikely to be recruited and trained in time for March 2019.
  • The IT systems need significant investment to cope with the potential ten-fold increase in the number of declarations required.
  • The fact that there is still no concrete solution to the Northern Irish Border and how this will be managed.

This leaves companies unclear as to whether to prepare for a worst case scenario of a Hard Brexit in March 2019 or whether to adapt a wait and see approach. The downside to the latter however is that as the months go by it leaves less and less time for the necessary work to be completed.

 

Also, the facts are that when we deconstruct the meaning of Hard versus Soft Brexit what this really boils down to is whether there will be customs duties applied. The customs compliance requirements remain mostly the same however in both scenarios.

 

While there are uncertainties around this whole procedure there is in fact a lot more known than unknown.

 

It is certainly still unclear whether a Trade Agreement leading to reduced /zero tariffs will be agreed. It is to be hoped an agreement will be reached, but a start on this will only be made this December at the earliest.

 

Less unclear however is that there will be requirements for Import and Export Declarations to be lodged with the Customs Authorities once the UK is a Third Country for Customs Purposes. This is the case with all imports and exports from non-EU countries and there is very little reason to believe that any different situation will apply to the UK. Indeed Pascal Lamy, the former EU Trade Commissioner and former head of the WTO re-iterated this last week when he said that ‘There is no ‘no border’ solution’

 

If we look at what is being suggested by the UK the most recent thinking is outlined in the Governments White paper on Customs published in October 2017. 

In summary the White Paper confirms that:

 

 

  1. It is necessary, in the interests of being prudent, to provide for the implementation  of a Customs, VAT and Excise regime for goods moving between the UK and EU 

 

  1. Traders who trade only with the EU will now be subject to customs declarations and checks for the first time. 

 

  1. EU Movements by sea and air will be dealt with broadly in the same way as they are dealt with currently for non-EU movements. 

 

  1. For roll on- roll off traffic pre notifications to customs may be introduced with customs posts set back from the ports.

 

  1. Trusted Trader status will be critical to enable simplifications in managing customs, cost-savings in lodging declarations and avoiding delays - in particular at the N.I. Border.
  • Trusted Traders may obtain simplified options in terms of lodging customs declarations i.e the monthly reporting as we have discussed.
  • In addition for cross border trade the Trusted Trader arrangement would allow for aggregated returns and periodic duty payments. 

 

This outline is therefore quite clear in stating that trade with the EU will be subject to customs requirements.

 

What should a company do therefore at this point to prepare for a Hard Brexit while still hoping for a soft Brexit?

 

We are strongly advising the following steps are undertaken:

 

1) Review your supply chain and map out imports and exports to and from the UK

2) Assess the impact of tariffs on a worst case and best case scenario

3) Identify the level of customs awareness within the Company

4) Assess the potential increase in the costs of customs compliance

5) Look at applying for Trusted Trader Status

 

Indeed both the UK and Irish Authorities have identified the Trusted Trader Status as a means for reducing burdens for companies and a prudent company would be well advised to start preparations for this authorisation as soon as possible.

 

The time line between starting an application process and receiving an authorisation is on average one year which means that even allowing for a start date of January 2018 it would be unlikely that authorisation would be achieved before January 2019. If Brexit occurs in March 2019 this leaves limited time for slippage.

 

ATA Carnets

 

At present as the UK is part of the EU there is no need for Irish companies to have an ATA Carnet to accompany goods for temporary export into the UK. Once the UK becomes a third country then this requirement will change. If your company brings professional equipment, commercial samples or goods for international trade fairs or exhibitions to the UK on a temporary basis then you will need to apply for an ATA Carnet. Dublin Chamber of Commerce is the national guaranteeing association for ATA Carnets in Ireland any will be able to assist with any ATA Carnet requirements you may have.

 

 

 

For further information on any of the above please contact:

 

Richard Brown                          or                Aleksanrda Balcerzak

Tel: 01 644 7204                                         Tel: 01 644 7205

E-mail: richard@dublinchamber.ie                 E-mail: aleksandra@dublinchamber.ie

College Green Submission
 

Dublin Chamber last week made a submission to An Bord Pleanala regarding proposals by Dublin City Council to turn College Green into a pedestrian plaza. The Chamber is very concerned about the impact of such a move on traffic in the wider city. Our views were laid out in our submission, which can be read in full on our website. Dublin Chamber will be attending a public hearing regarding the College Green proposals on 9th January. Feedback to graeme@dublinchamber.ie.


Help us to help SMEs
 

It comes as no surprise that Ireland clinched the top spot at EU level in skills and innovation according to the European Commission’s 2017 Small Business Act Fact Sheet. In an effort to contribute to Ireland's sterling reputation, Dublin Chamber are developing a free online training course to assist start-ups and businesses in developing key skills. It would be greatly appreciated if you would complete this short survey.


Pendulum Summit
 

Come and join Sir Richard Branson and a host of global visionaries including; Randi Zuckerberg, Jo Malone, Dr. Martyn Newman & Jack Daly at Pendulum Summit on Jan 10th & 11th in the Convention Centre Dublin. This is a unique opportunity to hear from some of the best minds in the world on topics such as; Opportunity in Uncertainty, Leadership & Team Performance and Diversity & Inclusion. For more information please click here.


Chamber News Roundup

** Pinnacle Programme **

The Keeling family started off growing fruit on a farm in North Dublin in the 1930s. At the final Pinnacle event of 2017, Caroline Keeling, CEO of Keelings shared her advice for managing a massive family business and talked of her experience working her way up. Read the full event overview here. 

 

** Room Hire **

Looking for room hire in the city centre? We have some great room rates available for members here at 7 Clare St. Take a look at our new brochure here and for further information contact  Ruthe@dublinchamber.ie.

** Dublin Chamber on Instagram **
Want a little more Dublin Chamber in your life? If you're an Instagram user, be sure to follow our account.

 


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