Brexit is there – no changes yet!
On January 31, 2020, 11 p.m. GMT, the UK has left the European Union. However, with no changes for businesses and consumers as of now. The Withdrawal Agreement includes a transitional period until December 31, 2020 within which EU laws fully continue to apply in and towards the UK.
It is generally possible to jointly extent this transitional period. EU bodies and the UK will use the transitional period to conclude an agreement to regulate their future relations.
We will continue to keep you updated regarding your rights and options following Brexit. For the time being, we may refer to our previous newsletters and client communications on our homepage, see here.
Autor: Dr. Rudolf Böckenholt