Countdown until 31 October 2019
Until 31 October 2019, Britain will leave the European Union. At the moment it is unclear if there will be a transition phase that keeps the British in the Single Market until 31 December 2020. Should an agreement not be reached with a follow-up solution, trade between Great Britain and the EU would take place under WTO rules only.
It is already clear right now that companies need to prepare for changes. There will be a whole range of changes for the worse, especially in relation to the movement of goods. The preparation for Brexit at companies can be extensive – depending, among other things, on the future involvement in Great Britain, the size of the company and the sector. The enclosed checklist is intended to show where companies need to adapt and adjust. We will gradually expand upon and update the topics in the light of the results of the negotiations. For further questions, companies can contact their local chamber of industry and commerce.
Use of the term “Brexit” on this website assumes that Great Britain is leaving the European Single Market – either until 31 October 2019 or on expiry of the transition phase at the end of 2020.
This is how it works: please click through the topics that are relevant to your company and tick wherever suitable. We also recommend clicking on those topics that you have not done yet. At every topic you can add your individual remarks and open questions. When you are done, you can edit your personal checklist as pdf. This document can be helpful when contacting your local chamber of commerce.