A hard Brexit seems increasingly likely, and many companies are already planning for “just in case”. Some of them have already started the move. An Overview of No-Deal-strategies and emergency plans.
Long entrepreneur and Chairman of the Executive Board hoped for a Deal between the UK and the European Union, in order to Brexit-Chaos. Because the British government did not deliver and the deadline is getting closer, more and more companies are their emergency plans.
Popular destinations: Central and Eastern European countries
The most start your company to relocate, at least partially, on the continent. The word from the “Brexodus” makes the round of the great escape from the UK. Popular destinations are the Netherlands, France, Germany, or Eastern Europe.
this is An example of Jaguar Land Rover, which shifted the production of the SUV Discovery in Slovakia, to build the UK headquarters for electric cars. Or, the Japanese electronics company Sony, which moved its European administrative headquarters until the end of March to Amsterdam in order to avoid “cumbersome customs procedures”. Also, the turbine manufacturer Rolls Royce has plans of his division to the approval of large aircraft engines, emigrated to Germany.
airlines and banks reasons, EU-subsidiary company
a series Here, also airlines and banks, the business need for the EU a special license. Example: Easyjet. After Brexit, unhindered, continue to fly, the airline set up a subsidiary in Austria and already 130 of the 300 or so aircraft umgeflottet. A similar policy drives Ryanair to the Polish offshoot Ryanair Sun.
From the island to escape many of the 150 banks that operate their business in the EU from the City of London. According to the Association Frankfurt Main Finance more than 30 banks in the main metropolis is located. From Luxembourg, we hear of the 70 new Bank licenses in the last year alone. For Paris, the future site of the European banking supervision, President, Emmanuel Macron advertised.
