Doing business in the UK after Brexit

Regardless of the outcome of ongoing Brexit negotiations, the new conditions for cross-border trade that come into effect on January 1st, 2021 will be very different from the UK’s participation in the Single Market and Customs Union. This entails both new challenges, but also new opportunities for Swedish companies.

Companies that want to remain competitive in the UK market need to formulate their strategies with this new reality in mind and continuously monitor developments of post-Brexit legislation.


Brexit - Contact us


Get in touch


FAQ

RECENT UPDATES

Key perspectives from leading Swedish companies in the UK market:

We are now less three months away from the end of the transition period which expires on December 31. After this date, the UK will enter into a new trading regime that is yet to be defined. On October 14, the European Council convened once again to review the state of negotiations on the future EU-UK partnership and to discuss preparatory work for all potential scenarios.

While there is no shortage of concerns over the possibility of having to face tariffs and restrictions on the free flow of goods, services and people across the UK border, a recent study by Business Sweden shows that most Swedish companies remain confident and committed to the UK market in the longer term.

Given the current uncertainty, decision makers are cautious about making future investment and production decisions, but the threat of trade barriers is not deemed concrete and severe enough for these companies to revise down their sales forecasts. We invite you to explore these first-hand accounts from Swedish companies on the ground in the UK.

Last updated October 15, 2020. 

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

If no Brexit-deal is reached between EU and the UK, 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.

Doing business in the UK after Brexit

RECENT UPDATES

Key perspectives from leading Swedish companies in the UK market:

We are now less three months away from the end of the transition period which expires on December 31. After this date, the UK will enter into a new trading regime that is yet to be defined. On October 14, the European Council convened once again to review the state of negotiations on the future EU-UK partnership and to discuss preparatory work for all potential scenarios.

While there is no shortage of concerns over the possibility of having to face tariffs and restrictions on the free flow of goods, services and people across the UK border, a recent study by Business Sweden shows that most Swedish companies remain confident and committed to the UK market in the longer term.

Given the current uncertainty, decision makers are cautious about making future investment and production decisions, but the threat of trade barriers is not deemed concrete and severe enough for these companies to revise down their sales forecasts. We invite you to explore these first-hand accounts from Swedish companies on the ground in the UK.

Last updated October 15, 2020. 

Regardless of the outcome of ongoing Brexit negotiations, the new conditions for cross-border trade that come into effect on January 1st, 2021 will be very different from the UK’s participation in the Single Market and Customs Union. This entails both new challenges, but also new opportunities for Swedish companies.

Companies that want to remain competitive in the UK market need to formulate their strategies with this new reality in mind and continuously monitor developments of post-Brexit legislation.

Brexit - contact us Get in touch



FAQ

Brexit - trade facilitation Mats Soderstrom

Whatever the outcome, 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 11th of March (in Swedish). 

Our expert Mats Söderström will also share insights about the consequences of Brexit  and how you can start preparing on a live webinar on June 19th. 

Companies that want to remain competitive in the UK need to continuously monitor changes to post-Brexit legislation and reformulate their strategies

GUSTAF BERGSTRÖM 
Trade & Invest Commissioner, UK & Ireland 
Business Sweden

FREQUENTLY ASKED QUESTIONS

Our FAQ page is your go-to destination for questions related to trade impacts from Brexit. Want to know how taxation will be affected next year or how to recruit staff? Find out if your question has already been answered.  

PREPARE FOR BREXIT

Planning and risk mitigation is the path to success in the post-Brexit landscape. Business Sweden’s UK team can help you identify potential implications of a no-deal Brexit, avoid disruption and capture opportunities as events unfold in the market.

Have you assessed your company’s vulnerabilities? How will Brexit affect your supply chains? In this step-by-step guide we outline some of the key questions that need to be answered without delay. Get started now.

Brexit 1

Analyse potential vulnerabilities in the post-Brexit era

Brexit 2

Implement a mitigation plan for business-critical areas

Brexit 3

Monitor developments, identify risks and opportunities – and revise your UK strategy

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.

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WE CAN HELP YOU NAVIGATE CHANGE

Advisory services 

Market expansion: opportunity mapping, sales strategy, market entry plan
Risk assessment

Hands on support

Partner search/selection (distributors, customs agents)
Site localisation for warehousing
Market establishment

Johan Ottosson - Brexit
 

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

 

GUSTAF BERGSTRÖM
Trade & Invest Commissioner
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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