Consequences of no-deal Brexit on UK SaaS customers
Big chance there's going to be a no-deal Brexit in a couple of months. Are there any consequences when you're running a B2B SaaS and have Brittish customers? My company is based in the EU.
Big chance there's going to be a no-deal Brexit in a couple of months. Are there any consequences when you're running a B2B SaaS and have Brittish customers? My company is based in the EU.
wow, interesting topic... any insights so far? there is a lot of confusion around no-deal exit.. and it seems as if nobody is certain on the consequences
The only thing I found was:
"SaaS and other IT services (e.g. consultancy) are classified as services rather than a product. These fall under the General Agreement on Trade in Services (GATS). Similarly to the WTO rules for goods, the GATS imposes an unconditional most favoured nation obligation, and also requirements concerning national treatment and market access, subject to the member country having made relevant concessions in its schedule of commitments. GATS specifies generally that the international sale of services between WTO members are tariff-free."
source: https://www.twobirds.com/en/news/articles/2018/global/no-deal-brexit-checklist-for-technology-and-communications-businesses