ex.VAT:
VAT:
inc.VAT:

The unmissable event of this year
Tuesday, July 24, 2018Regulation

Brexit: get ready for... all the scenarios!

undefined

The European Commission published a Communication on preparing for the UK’s withdrawal from the EU outlining the ongoing work on the preparation for all outcomes of Brexit. With a main message: as there is still no certainty that there will be a ratified withdrawal agreement in place, or what it will entail, economic operators must now step up preparations for all scenarios and take responsibility for their specific situation.

Reading time
~ 3 minutes

The Commission’s Communication

On 30 March 2019, the United Kingdom will leave the EU and become a third country. This will have repercussions for citizens, businesses and administrations in both the United Kingdom and the EU. These repercussions range from new controls at the EU’s outer border with the UK, to the validity of UK-issued licences, certificates and authorisations and to different rules for data transfers.

Today’s text calls on Member States and private parties to step up preparations and follows a request by the European Council (Article 50) last month to intensify preparedness at all levels and for all outcomes.

While the EU is working day and night for a deal ensuring an orderly withdrawal, the UK’s withdrawal will undoubtedly cause disruption – for example in business supply chains – whether or not there is a deal. As there is still no certainty that there will be a ratified withdrawal agreement in place on that date, or what it will entail, preparations have been ongoing to try to ensure that the EU institutions, Member States and private parties are prepared for the UK’s withdrawal. And in any event, even if an agreement is reached, the UK will no longer …

This content is only available to subscribersPRO, PREMIUM, STARTUP and TPE

Already subscribed?Log in

Discover our subscriptions

Get your badge now!

RegulationOther articles