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ARTICLE · 03 FEBRUARY 2020

Brexit FAQs

What does 31 January really mean? How does the transition impact my business? Are there legal and regulatory changes from next week? Look at our FAQs to find out …

European UnionGovernment, Public Sector

What does 31 January really mean? How does the transition impact my business? Are there legal and regulatory changes from next week? Look at our FAQs to find out ...

This FAQs document provides a brief overview of the impact of Brexit on your business on 31 January 2020 and beyond.

On 31 January 2020, the UK will formally leave the European Union, after over 40 years of membership. The UK's relationship with the EU will no longer be governed by the EU Treaties, but instead by the terms of the Withdrawal Agreement agreed between the UK and the EU in late 2019. Following that agreement, the UK will be in a "transition" period, which commences the moment the UK leaves the EU and is currently set to end on 31 December 2020.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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