{"id":3212,"date":"2024-05-09T05:00:20","date_gmt":"2024-05-09T03:00:20","guid":{"rendered":"https:\/\/digitalizeglobal.com\/?p=3212"},"modified":"2024-09-13T09:29:21","modified_gmt":"2024-09-13T07:29:21","slug":"was-ist-brexit-und-warum-ist-es-fuer-kleinunternehmen-relevant","status":"publish","type":"post","link":"https:\/\/digitalizeglobal.com\/en\/what-is-brexit-and-why-is-it-relevant-for-small-businesses\/","title":{"rendered":"What is Brexit and why is it relevant for small businesses?"},"content":{"rendered":"<h2 class=\"text-lg font-bold font-600\">Brexit: Impact on small businesses and considerations regarding company headquarters<\/h2>\n<h3 class=\"font-bold\">What is Brexit?<\/h3>\n<p class=\"whitespace-pre-wrap break-words\">Brexit is the withdrawal of the United Kingdom (UK) from the European Union (EU). This process began with a referendum in 2016 and was completed on January 31, 2020.<\/p>\n<h2 class=\"font-bold\">Why is Brexit relevant for small businesses?<\/h2>\n<p class=\"whitespace-pre-wrap break-words\">Brexit is relevant for small businesses as it has implications for trade, tax policy, the legal situation and the workforce. Leaving the EU has led to changes in these areas that may affect small businesses' operations in and with the UK.<\/p>\n<h3 class=\"font-bold\">Trade<\/h3>\n<ul class=\"list-disc pl-8 space-y-2 -mt-1\">\n<li class=\"whitespace-normal break-words\">Customs duties, import taxes and additional bureaucratic requirements in trade with the UK<\/li>\n<li class=\"whitespace-normal break-words\">Uncertainty with regard to customs regulations and trade agreements<\/li>\n<li class=\"whitespace-normal break-words\">Problems with the procurement of materials, components or services<\/li>\n<\/ul>\n<h3 class=\"font-bold\">Tax policy<\/h3>\n<ul class=\"list-disc pl-8 space-y-2 -mt-1\">\n<li class=\"whitespace-normal break-words\">Possible changes to the taxation of small businesses<\/li>\n<li class=\"whitespace-normal break-words\">Effects on profits, losses and incentives<\/li>\n<\/ul>\n<h3 class=\"font-bold\">Legal situation<\/h3>\n<ul class=\"list-disc pl-8 space-y-2 -mt-1\">\n<li class=\"whitespace-normal break-words\">Effects on labor law, data protection and contract law<\/li>\n<li class=\"whitespace-normal break-words\">Changes in compliance requirements<\/li>\n<\/ul>\n<h3 class=\"font-bold\">Labor force<\/h3>\n<ul class=\"list-disc pl-8 space-y-2 -mt-1\">\n<li class=\"whitespace-normal break-words\">Possible restrictions on access to qualified employees from EU countries<\/li>\n<li class=\"whitespace-normal break-words\">Difficult recruitment and workforce development<\/li>\n<\/ul>\n<h2 class=\"font-bold\">Where would it make sense to relocate the company headquarters: to the USA or to Ireland?<\/h2>\n<p class=\"whitespace-pre-wrap break-words\">The decision depends on various factors, such as the sector, the target markets and the tax situation. The USA offers a large market and a diverse tax system. Ireland has a low corporate tax rate of 12.5 % and is still part of the EU. Both countries have their advantages, but the right decision depends on the specific case. While there is effectively no corporation tax in some US states, for many UK companies the above benefits of EU membership outweigh the potential benefits of being part of the EU. <a href=\"https:\/\/digitalizeglobal.com\/en\/why-is-us-llc-designated-as-tax-exempt-2\/?wmc-currency=USD\" title=\"Why is US LLC called tax-exempt?\"  data-wpil-monitor-id=\"627\">Tax savings in the USA<\/a>.<\/p>\n<h2 class=\"font-bold\">Why is it important for British companies to stay in the EU?<\/h2>\n<p class=\"whitespace-pre-wrap break-words\">There are several reasons why British <a href=\"https:\/\/digitalizeglobal.com\/en\/international-company-formation-for-german-entrepreneurs-2\/?wmc-currency=USD\" title=\"International company formation for German entrepreneurs\"  data-wpil-monitor-id=\"236\">Companies despite the low corporation tax in Ireland<\/a> want to stay in the EU:<\/p>\n<h3 class=\"font-bold\">Access to the EU internal market<\/h3>\n<ul class=\"list-disc pl-8 space-y-2 -mt-1\">\n<li class=\"whitespace-normal break-words\">Enables the duty-free sale of products and services in other EU countries<\/li>\n<\/ul>\n<h3 class=\"font-bold\">Free cash flow<\/h3>\n<ul class=\"list-disc pl-8 space-y-2 -mt-1\">\n<li class=\"whitespace-normal break-words\">Companies can move money, goods, services and labor freely within the EU<\/li>\n<\/ul>\n<h3 class=\"font-bold\">Standards and regulations<\/h3>\n<ul class=\"list-disc pl-8 space-y-2 -mt-1\">\n<li class=\"whitespace-normal break-words\">Uniform standards and regulations can simplify trade<\/li>\n<\/ul>\n<h3 class=\"font-bold\">Proximity to important markets<\/h3>\n<ul class=\"list-disc pl-8 space-y-2 -mt-1\">\n<li class=\"whitespace-normal break-words\">The EU is an important trading partner for the UK<\/li>\n<li class=\"whitespace-normal break-words\"><a href=\"https:\/\/digitalizeglobal.com\/en\/the-rip-off-with-exaggerated-costs-for-llc-start-ups-2\/?wmc-currency=USD\" title=\"The rip-off with exaggerated costs for LLC formations\"  data-wpil-monitor-id=\"541\">Reduced costs<\/a> for transportation and storage<\/li>\n<\/ul>\n<h3 class=\"font-bold\">Labor mobility<\/h3>\n<ul class=\"list-disc pl-8 space-y-2 -mt-1\">\n<li class=\"whitespace-normal break-words\">Right to free movement within the EU enables the recruitment of workers from other EU countries<\/li>\n<\/ul>\n<h3 class=\"font-bold\">Political stability<\/h3>\n<ul class=\"list-disc pl-8 space-y-2 -mt-1\">\n<li class=\"whitespace-normal break-words\">The EU offers political stability and legal certainty for long-term planning and investments<\/li>\n<\/ul>\n<h2>Typical sectors that are better off in the EU<\/h2>\n<div class=\"break-anywhere\">\n<div class=\"flex items-center\">\n<div class=\"w-full\">\n<div class=\"whitespace-pre-wrap mb-4 last:mb-0\">There are some sectors that have a greater advantage if they remain in the EU.<br \/>\nHere are some examples:<\/div>\n<ul class=\"[&amp;_li]:mb-2 leading-7 pl-6 mb-4 last:mb-0 list-disc marker:text-lg\">\n<li class=\"pl-1 marker:text-neutral-700\" data-projection-id=\"2984\">\n<div class=\"w-full\">\n<div class=\"whitespace-pre-wrap mb-4 last:mb-0\"><strong><span class=\"font-bold\">Financial services:<\/span> <\/strong>The EU has a large and integrated financial market, which is very attractive for companies in the financial sector. In addition, financial companies have to comply with strict EU regulations and licensing requirements, which is easier in the EU if they are based in the EU.<\/div>\n<\/div>\n<\/li>\n<li class=\"pl-1 marker:text-neutral-700\" data-projection-id=\"2984\">\n<div class=\"w-full\"><strong><span class=\"font-bold\">Pharmacy <\/span><span class=\"font-bold\">and <\/span><span class=\"font-bold\">Healthcare:<\/span><\/strong> The EU has a standardized approval procedure for medicinal products, which makes it easier for pharmaceutical companies to sell their products on the European market.<\/div>\n<\/li>\n<li class=\"pl-1 marker:text-neutral-700\" data-projection-id=\"2984\">\n<div class=\"w-full\"><strong><span class=\"font-bold\">Car industry:<\/span><\/strong> The car industry in Europe is highly interconnected and many car manufacturers have their production facilities in various EU countries. EU membership facilitates the production and trade of cars and parts within the EU.<\/div>\n<\/li>\n<li class=\"pl-1 marker:text-neutral-700\" data-projection-id=\"2984\">\n<div class=\"w-full\"><strong><span class=\"font-bold\">Retail trade <\/span><span class=\"font-bold\">and <\/span><span class=\"font-bold\">Logistics:<\/span><\/strong> EU membership enables retail and logistics companies to optimize their supply chains and distribution channels across the EU, which can lead to cost savings and efficiency gains.<\/div>\n<\/li>\n<li class=\"pl-1 marker:text-neutral-700\" data-projection-id=\"2984\">\n<div class=\"w-full\"><strong><span class=\"font-bold\">Travel <\/span><span class=\"font-bold\">and <\/span><span class=\"font-bold\">tourism industry:<\/span><\/strong> The EU has a large number of tourists who can travel within the EU without border controls or visa requirements. This makes the EU an attractive market for companies in the travel and tourism industry.<\/div>\n<\/li>\n<li class=\"pl-1 marker:text-neutral-700\" data-projection-id=\"2984\">\n<div class=\"w-full\"><strong><span class=\"font-bold\">Agriculture <\/span><span class=\"font-bold\">and <\/span><span class=\"font-bold\">Food industry:<\/span><\/strong> The EU has a common agricultural policy and uniform food safety standards, which can be beneficial for companies in agriculture and the food industry.<\/div>\n<\/li>\n<li class=\"pl-1 marker:text-neutral-700\" data-projection-id=\"2984\">\n<div class=\"w-full\"><strong><span class=\"font-bold\">Manufacturer <\/span><span class=\"font-bold\">from <\/span><span class=\"font-bold\">Chemicals <\/span><span class=\"font-bold\">and <\/span><span class=\"font-bold\">pharmaceutical <\/span><span class=\"font-bold\">products:<\/span><\/strong> The EU has uniform chemicals regulation, which makes it easier for chemical companies to sell their products on the EU market. These are just a few examples of industries that have an advantage if they remain in the EU.<\/div>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"pb-6 lg:pb-8 min-h-[calc(100%-60px)] sm:min-h-[calc(100%-120px)]\">\n<div class=\"relative space-y-6\">\n<div class=\"space-y-6\" data-projection-id=\"3002\">\n<div class=\"break-anywhere\">\n<div class=\"flex items-center\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2 class=\"font-bold\">Conclusion<\/h2>\n<p class=\"whitespace-pre-wrap break-words\">There are various reasons why British companies want to stay in the EU despite the tax advantages in the US. Ultimately, it is a trade-off between the benefits of EU membership and the benefits of locating in the US. Companies need to consider which factors are most important to them and where they can best develop.<br \/>\nIf the industry allows it and is not dependent on the EU, the <a href=\"https:\/\/digitalizeglobal.com\/en\/advantages-of-us-company-formation-llc-for-non-us-citizens\/?wmc-currency=USD\" title=\"Tax exemption and flexibility in dealing with company capital: US-LLC\"  data-wpil-monitor-id=\"859\">Tax-free option in the USA<\/a> the clear choice.<\/p>\n\n\t\t\t<div id=\"daexthefup-container\"\n\t\t\t\tclass=\"daexthefup-container daexthefup-layout-stacked daexthefup-alignment-center\"\n\t\t\t\tdata-post-id=\"3212\">\n\n\t\t\t\t<div class=\"daexthefup-feedback\">\n\t\t\t\t\t<div class=\"daexthefup-text\">\n\t\t\t\t\t\t<h3 class=\"daexthefup-title\">Was this useful?<\/h3>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"daexthefup-buttons-container\">\n\t\t\t\t\t\t<div class=\"daexthefup-buttons\">\n\t\t\t\t\t\t\t\n\t\t\t<div class=\"daexthefup-yes daexthefup-button 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Brexit is the withdrawal of the United Kingdom (UK) from the European Union (EU). This process began with a referendum in 2016 and was completed on January 31, 2020. Why is Brexit relevant for small businesses? Brexit is relevant for small businesses because it will impact [...]<\/p>","protected":false},"author":5,"featured_media":3213,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_helpful_pro_status":1,"footnotes":""},"categories":[398,34],"tags":[131,133,43,132],"class_list":["post-3212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-auswirkungen-auf-unternehmensgruendungen","category-begriffe-erklaert","tag-brexit","tag-british-limited","tag-irland","tag-sitzverlegung"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.8 (Yoast SEO v25.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Was ist Brexit und warum ist es f\u00fcr Kleinunternehmen relevant? - Digitalize Global<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/digitalizeglobal.com\/en\/what-is-brexit-and-why-is-it-relevant-for-small-businesses\/?wmc-currency=USD\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Was ist Brexit und warum ist es f\u00fcr Kleinunternehmen relevant?\" \/>\n<meta property=\"og:description\" content=\"Brexit: Auswirkungen auf Kleinunternehmen und \u00dcberlegungen zum Firmensitz Was ist Brexit? 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Unser Ziel ist es, Ihnen dabei zu helfen, ihre unternehmerische Freiheit auf internationaler Ebene zu verwirklichen. Wir glauben, dass jeder Mensch das Recht und die Freiheit hat, seinen Lebensunterhalt mit dem zu verdienen, was er liebt. Legen Sie mit einer Unternehmensgr\u00fcndung den Grundstein f\u00fcr ein selbstbestimmtes Leben! Stets f\u00fcr unsere Kunden erreichbar Digitalize Global ist bekannt f\u00fcr seinen kundenfreundlichen Service und steht Ihnen als Partner vor, w\u00e4hrend und nach der Gr\u00fcndung Ihres Unternehmens pers\u00f6nlich zur Seite. Anders als viele Konkurrenten, die ihre Kunden nach der Gr\u00fcndung oft allein lassen, unterst\u00fctzen wir Sie bei allen Herausforderungen und bieten Ihnen kostenlose Beratungsgespr\u00e4che. Wir sind \u00fcberzeugt, dass internationales Gesch\u00e4ft und Mobilit\u00e4t f\u00fcr alle zug\u00e4nglich sein sollten. 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