Following the Referendum on 23 June 2016, the UK has taken the historic decision to exit from the European Union (EU) which means that the UK Government will trigger Article 50 of the Lisbon Treaty by notifying the European Council of the UK's intention to leave. What the future will look like is uncertain for both UK companies and the economy, and until details emerge, it's also unclear as to the type of relationship the UK will have with the EU.
Planning for the future
In the short-term companies can start to ask the right questions now which will help to identify the potential risks and opportunities that the Brexit scenario causes for their organisations, particularly for those who are involved in the import and export of goods and services into and from the EU and for the movement of persons/employees between the EU and the UK.
Our Checklist outlines the core questions that they should be asking themselves in order to understand the implications for their business.
Speaking to our experts
We have a dedicated team of Brexit experts who are able to help companies navigate their future. If you would like to discuss the implications of Brexit for your company, please get in touch with your usual Baker McKenzie contact or, alternatively, Ross Denton or Samantha Mobley in our London office.
We are running a series of Brexit webinars over the coming months. Please contact our Brexit mailbox for more information and on how to register.