Dear Clients,

As you may already be aware, the result of the referendum for the United Kingdom to leave the European Union was announced on Friday 24th of June. The “Out” won by 52% to 48%.

David Cameron has resigned as Britain votes to leave the European Union and a new leader should be in place by October.

The UK has two years to organise its exit from the European Union and will have to invoke an agreement called Article 50 of the Lisbon Treaty.

We understand you may have some questions about the impact of this situation on your business and we would like to reassure you that the United Kingdom is and will remain a dynamic market in terms of trade flows. The United Kingdom will arrange within the next few years new treaties with each country to carry on successful business partnerships with the rest of the world.

This week we have met with LONDON & PARTNERS, a not-for-profit public-private partnership funded by the Mayor of London and a network of commercial partners with the mission to attract investment and visitors to create jobs and growth & build London’s international reputation and UK Trade & Investment which is a UK Government department working with businesses based in the United Kingdom to assist their success in international markets, and with overseas investors looking to the UK as an investment destination. Discussions are still in progress to organise a smooth exit for the UK.

At SEDI, we set up as many European companies as non European companies in the UK market for many years now. To date, we do not have any difference in terms of daily treatment for staff employment or accounting treatment for example. Despite the BRexit we remain confident.

We also would like to share with you the email sent from Gordon Innes, CEO of London & Partners below.

Should you have any questions please feel free to contact us.

With our best regards,

Camille CRUZ NOGUEIRA
Founder – Managing Director

Nelly ROMAN-BEDOC
Head of Corporate Communication