Reply to post: Re: I hope any fallback systems have been tested for their interconnections ...

Smaller tech firms just aren't ready for a no-deal Brexit, MPs told

Len Silver badge
Mushroom

Re: I hope any fallback systems have been tested for their interconnections ...

I am currently dealing with the headache of intra EU contracts.

What happens if you sell a good tomorrow to a customer in Sweden and it comes with a two year warranty? The good can be shipped this week without any issue. What if that customer wants to make a warranty claim six months after a No Deal? It's not a Good any more, it's a Service. Even the hardest fall back option of WTO trading doesn't deal with services at all.

What happens if a customer in Austria decides to stop paying their instalments after a No Deal? Just finding out which court would be appropriate is something nobody has had to think about until now.

Currently a B2B business doesn't have to charge VAT on intra EU invoices. That will probably change in case of No Deal, I have not found a definitive answer to that yet. Will I need to reopen all contracts to change pricing?

I have found a needle in a haystack the other day, someone who is dual qualified as a lawyer for English law and Dutch law. He is raking it in at the moment. Now on to find someone dual qualified in English and Portuguese law...

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