News
13/03/2019

EU Commission: How to prepare for a "Hard Brexit"

  

If a Withdrawal Agreement between the European Union (EU) and the United Kingdom (United Kingdom, UK) is not concluded, which would create a transitional period until the end of 2020 (with the possibility of an extension provided for in the withdrawal agreement), the United Kingdom will be treated as a non-EU country (literally as a third country) from 30 March 2019 - this also applies in particular to customs provisions.

The European Commission is now fostering its support in preparing EU companies for such a no deal scenario ("Hard Brexit").

The EU Commission now reiterates that affected companies must take all steps necessary before 30 March 2019 (or before a postponed date) to avoid possible adverse effects. To support this, the European Commission has set up a "Brexit Checklist" and its website with a list of practical tips and recommendations.


 

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