brexit - it is time to act

The UK is now set to leave the EU on the 12th of April. 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.


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The 29th of March is no longer the date the UK will leave the EU. Instead, the new earliest exit will be on the 12th of April, otherwise on the 22nd of May if the UK parliament passes the withdrawal deal in the coming three weeks.

However, no date is currently set for when a potential third “meaningful vote” on the withdrawal deal will take place in parliament. The default scenario hence remains a no deal Brexit.

BREXIT - IT IS TIME TO ACT

The UK is now set to leave the EU on the 12th of April. 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

recent updates 

The 29th of March is no longer the date the UK will leave the EU. Instead, the new earliest exit will be on the 12th of April, otherwise on the 22nd of May if the UK parliament passes the withdrawal deal in the coming three weeks.

However, no date is currently set for when a potential third “meaningful vote” on the withdrawal deal will take place in parliament. The default scenario hence remains a no deal Brexit.

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 19th of March (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

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.

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.

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...

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 to grow their global sales and international companies to invest and expand in Sweden.

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