Written question asked by Lord Jones of Cheltenham (Liberal Democrat) on Monday, 19 November 2018, in the House of Lords. It was due for an answer on Monday, 3 December 2018. It was answered by Lord Henley (Conservative) on Friday, 30 November 2018 on behalf of the Department for Business, Energy and Industrial Strategy.

Overseas Companies: Netherlands

Question: To ask Her Majesty's Government what arrangements they are making for UK citizens to be able to open businesses in the Netherlands after the UK has left the European Union; and what advice, if any, they provide to those who wish to do so.

Answer: The UK and EU negotiating teams have reached agreement that common rules will remain in place during an implementation period that will start on 29 March 2019 and last until 31 December 2020. During this implementation period UK citizens will be able to open businesses in the Netherlands as they do now. As stated in the Prime Minister’s speech before the House of Commons on 15 November, the intention is for the UK and EU to secure a deal to ensure a close ongoing relationship on services and investment after the implementation period. The Government has published advice on a “no deal” scenario through a number of technical notices, which citizens may wish to refer to.

Secondary information