Six months after the Brexit referendum and with the negotiations coming nearer : moving to Brussels might still prove to be very useful !

Posted on 06/02/2017

Half a year after the surprising Brexit vote we have seen the British PM Theresa May meet the European leaders, including Germany's Angela Merkel and French president Francois Hollande, but formal negotiations on the UK's departure from, and its future relationship with, the EU have yet to start.  When they will eventually begin, it can be an occasion for different corporates to come to the old continent and to Brussels.

EU leaders have said Article 50 of the Lisbon Treaty must be triggered before negotiations can begin. The British government has not yet set out in detail what it wants from the talks, with reported differences between key figures on the balance between free trade and immigration curbs.

The situation is now, it looks like it is gonna be a “hard” Brexit. That means that several companies who have waited a few months to see what was going to happen, may now still decide they want to be nearer to the European Union and to Brussels. For them HDS offers full services, from a business address and offices to corporate and legal administration and content services.

The British national Satistics Office said there was "only limited evidence so far" that the fall in the pound's value after the Brexit vote had led to a "marked increase in UK exports". The UK has long been running a trade deficit, meaning that overall it imports more than it exports. The UK does sell more services abroad than are imported - but this is not enough to counter the bigger deficit in the value of the goods sold abroad, compared with the value of the goods imported. If the British services companies want to continue to sell more services abroad once the negotiations about the Brexit have started, it could be very useful for them to open an office in Brussels. At HDS we are welcoming them with open arms !