Brexit is a fact, where do we go from here?

Be prepared!

The time to act is now!

After a transitional period, a new trade agreement between the EU and UK will need to be in place.The final outcome of this process cannot be predicted but whatever form it takes, Brexit will cause disruption and uncertainty.

Nonetheless, there are actions that you can take now to ensure that your business is Brexit ready.

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Is your business ready for Brexit?

  • Have you analysed the impact of tariffs on your sales margins and cost base?
  • Have you identified how increased customs duties and import VAT will influence your cash flow?
  • Do you have sufficient legal, tax and customs expertise to deal with new regulatory requirements?
  • Have you obtained the necessary registrations, permits and authorisations to be able to continue your business without interruption after Brexit?
  • Have you considered how Brexit will impact your supply chain and operations (delivery times, warehousing needs, stock levels, etc.)?
  • Have you analysed the impact on your employees (expats, immigration, business travelers, etc)
  • Have you considered the potential legal impact (contracts referring to EU provisions) and direct tax (no longer being applicable of EU directives)?

How we can help?

While there’s still uncertainty around the final outcome of the new trade relationship post Brexit, there are a set of actions that you can take now to make sure that your business is ready. Our multidisciplinary team of tax, customs, legal, HR specialists is here for you, ready to help you with:

 

  • Assess and clearly present the financial and operational impact of Brexit on your business
  • Design a Brexit strategy for your business to mitigate risks and leverage opportunities
  • Implement your Brexit strategy and obtain the necessary registrations and authorisations in the territories where your business operates

 

PwC's multidisciplinary team of Brexit experts is ready to prepare you and your company for Brexit. We are happy to help you!

Our latest insights to help you prepare for Brexit

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Contact us

Jan-Willem Thoen

Senior Director, PwC Netherlands

Tel: +31 (0)88 792 36 80

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