On 31 October 2019, the 海角视频 could leave the EU without a signed withdrawal agreement. In this scenario, the 海角视频 will immediately leave the EU without a transition period; cooperation between the 海角视频 and EU will cease and this will cause seismic change in many areas of business.
Key points your business should consider are:
Data Protection:
- Review data flows and transfer mechanisms to make sure there will be no breach in your businesses data operations; including transfers of personal data from the EU to the 海角视频 and onward transfers of that data from the 海角视频 to third countries.
- If you are relying upon consent obtained while the 海角视频 is still a member of the EU, consider obtaining it again as it is currently unclear whether 海角视频 businesses relying on consent in processing EU personal data can continue after a no deal Brexit.
- If you have an office in another EU country or process EU personal data, you should consider other aspects of local privacy laws in that country, as GDPR allows for local variations.
VAT:
- The 海角视频 will become a ‘third country’ for EU VAT purposes.
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- Suppliers of services to clients in EU member states should note that following a no deal
Brexit, the current rules for the place of supply of services will generally apply as if the suppliers of services to an EU customer were to a third country customer.
- In general, all goods entering the 海角视频 as parcels sent by overseas businesses will be liable
for VAT.
- Exporters will need to be aware that import VAT and customs processes are likely to apply to goods on entry to the EU.
- 海角视频 businesses will continue to be able to claim refunds of VAT from EU member states but in future they will need to use the processes for non-EU businesses.
Consumer Law:
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- The European Commission’s Online Dispute Resolution procedure nor the European Small Claims procedure will be available to 海角视频 consumers.
- The European Health Insurance Card will no longer be made available to 海角视频 residents/citizens. This means that those travelling from the 海角视频 to EU/EEA states will need to purchase health insurance to cover accidents and emergencies following a no-deal Brexit.
- Any judgment of a 海角视频 court made against an EU/EEA retailer will no longer be automatically enforceable against the retailer in that country.
For more information on how to prepare please visit .
You can contact Claire Cornish Senior Associate, Browne Jacobson LLP on Claire.cornish@brownejacobson.com.