Brexit pushes growing number of businesses to Netherlands

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The Dutch authorities says ongoing uncertainty about the effects of Brexit is pushing an growing series of international companies to characteristic up areas of work within the Netherlands

February 19, 2020, 9: 31 AM

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THE HAGUE, Netherlands — Ongoing uncertainty about the effects ofBrexitis pushing an growing series of international companies to characteristic up areas of work within the Netherlands, the Dutch authorities acknowledged Wednesday.

Since the 2016 referendum on Britain leaving the European Union, 140 companies have established a presence within the Netherlands, with 78 animated operations there ultimate year, in holding with the Netherlands Foreign places Investment Agency.

The agency acknowledged in an announcement that business uncertainty is growing no matter Britain’s departure from the EU thanks to unanswered questions over the country’s future buying and selling relationship with the bloc. London and Brussels have unless the tip of the year to agree a pact on their post-divorce relationship.

The agency acknowledged it is in talks with around 425 companies considering animated or growing to the Netherlands thanks to Brexit.

The companies come from Britain, however additionally consist of companies from the Americas and Asia that are reconsidering the structure of their European operations within the aftermath of Brexit.

“For these companies, 2020 will possible be a extraordinarily well-known year,” acknowledged Jeroen Nijland of the international investment agency.

While some companies are waiting to review how the new UK-EU economic relationship pans out, “extra and extra companies are picking the easy job and balance our country presents within the European market,” Nijland acknowledged.

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