Home Business British companies fall into the “sequelae” of Brexit. Government officials have no choice but to give advice.
British companies fall into the "sequelae" of Brexit. Government officials have no choice but to give advice.

British companies fall into the “sequelae” of Brexit. Government officials have no choice but to give advice.

by YCPress

January 24 According to a report by the British Guardian on the 23rd, since Brexit on January 1, British foreign trade enterprises have had to face additional tax burdens and approval licenses.

Therefore, British international trade officials privately advised British exporters that they can register new companies in the European Union. To avoid border issues and corresponding value-added tax.

It is reported that two British companies have decided to register new companies in the European Union, but many small and medium-sized enterprises have not yet made a decision.

The head of a British sales company for EU consumers said that this was a last resort, and it also meant layoff of some British employees and rehired employees in EU countries.

However, he also said that this can indeed avoid time delays caused by cross-border and reduce transportation costs.

So far, the British international trade sector has not commented on this.