The United Kingdom left the European Union on 31 January 2020, after 47 years of EU membership. The EU and the United Kingdom concluded a withdrawal agreement that provided for a transition period until December 31, 2020.
January 1, 2021 marked the end of the transition period during which EU law continued to apply to the UK.
On this date, the UK left the EU's single market and customs union and withdrew from all EU policies and international agreements. The UK is now officially a third country. The EU and the UK are now two separate markets and two separate legal and regulatory areas.
Following the conclusion of negotiations on a EU-UK Trade and Cooperation Agreement, the procedures for signature and ratification are currently underway. Given the exceptional circumstances, the draft agreement currently provides for provisional application.
As of January 1, 2021, the draft Trade and Cooperation Agreement sets out the rules applicable to relations between the United Kingdom and the European Union in a number of areas. The new rules introduce significant changes that our companies will need to adapt to when doing business with the UK.
This website aims to provide all the necessary resources for your companies to ensure that your business is prepared for the Brexit changes.