brexit – it is time to act

After over two years of negotiations, the future relationship and subsequently the trading relationship, between the UK and the EU remains unclear. Regardless of outcome however, it is certain to change.

Companies that assess their areas of vulnerability and formulate mitigation-strategies will be better prepared for the UK exit and in a better position to compete.


Brexit - Contact us


Get in touch


FAQ

recent updates 

Brexit has yet again been postponed. The EU and the UK agreed to an extension stretching to the 31 October, unless the UK ratifies the withdrawal agreement, in which case the extension ends. This also means the UK must partake in the European parliamentary elections in May. If it decides not to, the country will leave the EU on the 1 June. The extension hence is "only as long as necessary" and "no longer than 31 October".

After the extension was announced, European Council president Donald Tusk said his "message to British friends" was "please do not waste this time". The same should apply to Swedish companies. The default scenario is still a no deal Brexit and Swedish companies need to prepare.

To support you in your preparations, we have published a list of frequently asked questions which you can find below.

Last updated April 11, 2019. 

BREXIT – IT IS TIME TO ACT

After over two years of negotiations, the future relationship and subsequently the trading relationship, between the UK and the EU remains unclear. Regardless of outcome however, it is certain to change.

Companies that assess their areas of vulnerability and formulate mitigation-strategies will be better prepared for the UK exit and in a better position to compete.

Brexit - contact us Get in touch



FAQ

recent updates 

Brexit has yet again been postponed. The EU and the UK agreed to an extension stretching to the 31 October, unless the UK ratifies the withdrawal agreement, in which case the extension ends. This also means the UK must partake in the European parliamentary elections in May. If it decides not to, the country will leave the EU on the 1 June. The extension hence is "only as long as necessary" and "no longer than 31 October".

After the extension was announced, European Council president Donald Tusk said his "message to British friends" was "please do not waste this time". The same should apply to Swedish companies. The default scenario is still a no deal Brexit and Swedish companies need to prepare.

To support you in your preparations, we have published a list of frequently asked questions which you can find below.

Last updated April 11, 2019. 

FREQUENTLY ASKED QUESTIONS

Wondering if there will be any new rules you need to abide by? Or if you can travel freely for work to the UK after the Brexit date? We have gathered our most frequently asked questions and answers to them. Find out if your question has already been aswered by clicking on the link below. 

Brexit - 6th largest trading partner
Brexit - 1000 Swedish companies
Brexit - 7000

EXPECT UNCERTAINTY

Brexit - trade facilitation Mats Soderstrom

No matter the solution, Brexit will imply changes in customs procedures.

MATS SÖDERSTRÖM 
Trade and Customs Advisor, Trade Facilitation 
Business Sweden

Rules governing export to third countries differ significantly from those governing trade within the EU customs union. When the UK leaves the EU, trade from Sweden to the UK are likely to be to a third country, outside the EU customs area. In our guide you can read about the rules that apply to export outside of the EU (in Swedish). 

You can also sign up for our Brexit course that will be held the 13th of June (in Swedish). 

Companies that formulate strategies for managing the uncertainty surrounding Brexit will be able to act faster when the outcome of Brexit becomes clearer – enabling them to be in a better position to compete.

GUSTAF BERGSTRÖM 
Market Area Director, UK & Ireland 
Business Sweden

PREPARE FOR BREXIT

Download our paper on what questions your company needs to ask itself in case of a no-deal Brexit. 

Britain's decision to activate Article 50 and the subsequent ambiguity about the Brexit outcome have created great uncertainty for Swedish companies. Though some forerunner companies have already taken action, many however remain insufficiently prepared for the British exit from the EU and the potential implications thereof.

Business Sweden's UK office follows the Brexit process closely. We provide ongoing advice to Swedish companies regarding how to best navigate the uncertainties surrounding the UK exit from the EU, as well as what measures to take to ensure continued competitiveness in the UK market, regardless of the outcome.

Brexit 1

Assess your areas of vulnerability affected by Brexit

Brexit 2

Implement mitigating actions in key areas of vulnerability

Brexit 3

Monitor developments of Brexit with regards to any identified dependencies that risk impacting your business in an adverse way

THE OUTCOME OF BREXIT REMAINS UNCLEAR

Brexit - How Swedish companies should prepare - Business Sweden - Medium

Only six months away from the UK's formal exit from the EU, the outcomes of Brexit remain unclear. Companies that assess their areas of vulnerability and formulate mitigation-strategies will be...

Three actions to take today in preparing your company for Brexit

We are now 66 days away from the official UK exit from the EU and last week's historic defeat for Theresa May's deal in the house of commons means the future relationship between the two parties remains unclear.

What does a no-deal Brexit mean and how can you prepare?

If no deal is reached between EU and the UK prior to 29th of March, the UK will no longer be part of EU's single market and can no longer take advantage of the free movement goods, services, people and capital that comes with it.

What does a no-deal Brexit mean and how can you prepare?

If no deal is reached between EU and the UK prior to 29th of March, the UK will no longer be part of EU's single market and can no longer take advantage of the free movement goods, services, people and capital that comes with it.

Brexit - How Swedish companies should prepare - Business Sweden - Medium

Only six months away from the UK's formal exit from the EU, the outcomes of Brexit remain unclear. Companies that assess their areas of vulnerability and formulate mitigation-strategies will be better prepared for the UK exit - enabling them to stay ahead of the competition.

Three actions to take today in preparing your company for Brexit

We are now 66 days away from the official UK exit from the EU and last week's historic defeat for Theresa May's deal in the house of commons means the future relationship between the two parties remains unclear.

WE CAN HELP YOU TAKE THE NEEDED ACTIONS

Johan Ottosson - Brexit
 

JOHAN OTTOSSON
Consultant,
London
+44 7572 60 98 81
Johan.Ottosson@business-sweden.se

 

GUSTAF BERGSTRÖM
Market Area Director,
UK & Ireland
+44 20 7258 5134
Gustaf.Bergstrom@business-sweden.se

Business Sweden’s purpose is to help Swedish companies grow global sales and international companies invest and expand in Sweden.

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