Britain left the European Union on 31 January 2020. In the transition phase, the UK will continue to be part of the European single market until 31 December 2020. It is still unclear whether it will be possible to regulate future relations between the EU and Great Britain on a permanent basis by the end of the transition phase.
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.