For example, when a company in another EU member state has a branch of a British entity (for example.B. it must consider whether it can continue to work in that Member State after Brexit (either on 29 March 2019 or after the end of the transition) in that EU Member State or whether it is restructuring to become a national entity/partnership or branch of a company established in another EU Member State. In particular, companies need to consider whether national rules allow local professionals to work with experts from third countries, as well as the potential effects on capital, interest, liability limitations and taxes. In some EU Member States, for example, local lawyers are prohibited from practising or sharing profits or equity with lawyers from third countries. In some EU Member States, lawyers are also prohibited from practising through a limited liability vehicle. The Directive on mutual recognition of professional qualifications (“MRPQ”), a mutual regulation allowing EEA nationals to have their professional qualifications recognised in an EEA state other than the one where the qualification was acquired. The Withdrawal Agreement (Article 28) also provides for the consideration of an application for recognition of a professional qualification submitted before the end of the transitional period (31 December 2020) by EU citizens or British nationals (but not apparently by family members) in the State of residence or state or state or labour, and with regard to the decision on such an application. Therefore, an application submitted before the end of the transitional period, but which has not been decided, is protected. In this context, the provisions of the 2005/36/EC Directive on the European professional card must apply to the relevant extent for recognition under this system. Brexit is the term used to describe the UK`s (Britain and Northern Ireland) exit from the European Union (EU). The departure took place on January 31, 2020. Brexit has a legal impact on the recognition of professional qualifications in the UK. The withdrawal agreement, which came into force on 1 February 2020, provides for a transitional period until the end of 2020.
In the meantime, EU recognition rules will continue to apply to both EU citizens and British citizens with qualifications. This means, for example, that some qualified professionals in the United Kingdom, based in France, whose professional qualifications are recognised in the United Kingdom or who have applied for recognition in France before the end of the transitional period, will be able to continue to practice in France on the same basis after the end of the transitional period. It would be the same if the British professional worked in France, but lives in Belgium, for example. The professional may continue to work after the end of the transitional period in France with his British qualification as a border worker, if his professional qualification has been recognised or if he has applied for recognition before the end of the transition period. The non-binding declaration on the future relationship between the UK and the EU recognises the need for an agreement on market access and non-discriminatory treatment of service providers, as well as appropriate rules on professional qualifications. On 14 November 2018, the UK government published a much-anticipated draft withdrawal agreement (“agreement”) between the UK and the EU, as well as a political statement on future relations with the EU after Brexit, updated at the time of the letter and leaked to the press (“statement”). As political uncertainty persists following the release of the draft agreement, we have outlined an initial assessment of the impact of the draft agreement and declaration on the professional services sector. “professional qualifications”, qualifications certified by proof of formal qualifications, a certificate of qualification in accordance with Article 11, point a) (i), directive 2005/36/EC, and/or work experience.