Brexit: how will it affect my business relationships?

 

The UK left the European Union on 31st January 2020. At present it is in a “Transition Period” where the relationship remains as it was prior to Brexit for all practical purposes. Complete withdrawal is expected by the end of 2020, and the nature of the 2021 relationship is to be negotiated.

I’ve spoken to a few clients who are concerned about the post-Brexit future and working with me while I’m based in the UK. To deal with this, I’ve taken steps to ensure part of my business can be available from the EU.

First, I’ve obtained Estonian E-Residency.

Second, I’ve completed the groundwork to create an Estonian based business should the need arise.

Third, I’ve identified all necessary suppliers to maintain compliance with GDPR from within the EU. I am watching the situation with Google particularly closely as they do provide some services.

Should the need arise, I can create the Estonian business in a few hours and have it operational within a week.

Page updated on 1st May 2020

About Ross A Hall

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