ICEX Spain Export and Investment has launched the ICEX Brexit Program, in order to cushion the impact that the United Kingdom's departure from the European Union has had on the activity of Spanish companies. If your exports have been reduced and the expenses of your company in the Anglo-Saxon country have increased, you will be able to benefit from the economic aid promoted by the EU and receive subsidies that cover part of your investments.
This initiative is funded by the Brexit Adjustment Reserve (BAR) funds of the European Commission.
Budget assigned for this call: 4 million.
Objective of the program: Financially help all companies and self-employed workers who legally carry out their activity in Spanish territory, and who want to continue taking advantage of the commercial opportunities offered by the United Kingdom, but have encountered difficulties.
How can you benefit?
The ICEX Brexit Program finances up to 75% of expenses considered as eligible, with a maximum amount of 200.000 euros per company.
The cost coverage is Retroactive, covering all eligible investments made from January 1, 2020 to July 31, 2023.
These will be justified by presenting the corresponding invoices and supporting documents.
Requirements to apply for European Brexit adjustment funds:
Be a company legally constituted in Spain, including SMEs and the self-employed
Not have debts with the Tax Agency, ICEX or any other body that grants aid
Authorize the AEAT to send customs information to ICEX
Eligible expenses:
Reduce the costs of new administrative and logistic procedures. Reduces the impact of regulatory changes. Increase your competitiveness.
Financing of new export costs to Great Britain and Northern Ireland after Brexit
VAT registration
Prior authorizations to carry out your activity
Advice related to the new labeling and packaging requirements
Certifications required for your products
Adaptation of product labeling and packaging to the United Kingdom
Registration of trademarks, licenses, applications and visas of your workers
Sending samples for participation in trade promotion fairs
Brand promotion expenses
Market Research
Promotional material and dissemination in physical and digital formats
Recruitment of graphic design services
Advertising spaces and campaigns
digital marketing industry
Promotional actions and events
commercial sponsorships
Recruitment of relationship agencies
public and communication
Queries for information on contests and tenders
Expenses of the physical establishment of the company
Previous expenses of incorporation of the subsidiary
Feasibility studies
Advice for such issues
Payment of the costs of legal procedures, patent and approval
Patents and trademarks register
Legal defense of the brand
Homologations and certifications aimed at the destination market
Deadlines for submitting applications:
Huntil June 12, 2023.
Documents for submitting applications:
Telematic form of the ICEX Brexit program filled out and signed
Annex I – Declaration of responsibility and authorization signed
Annex II – Responsible declaration completed and signed, stating that they have not received aid incompatible with ICEX Brexit
Annex III - Declaration initialed claiming to be a company affected by Brexit.
Copy of NIF of the company or the self-employed person.
*In the case of the self-employed, you have to prove that is enrolled in the special scheme for self-employed workers.
Explanatory memory of the eligible expenses, their amount and the amount requested.
You can download the resolution and the annexes necessary for the aid application at the bottom of this news item.
