Next week, Prime Minister Teresa May will send the letter to the EU that will formally activate the EU Treaty's Article 50 on withdrawal. A process of negotiations between the British government and the EU about the arrangements for withdrawal will follow.

It is expected to take approximately two years to reach an agreement on the exit terms and the future trade conditions between the United Kingdom and the EU.

Wait and see

The United Kingdom's letter of withdrawal will have no immediate legal effect on businesses as EU law and UK law will still apply without any changes for the time being. Accordingly, the future legal framework is still uncertain.

Plesner's Brexit task force still finds that the final conditions for undertakings doing business with the United Kingdom have still not been clarified sufficiently and that undertakings should bide their time.

Plesner's Brexit task force

Uncertainty as to Brexit may give rise to a number of questions. Our task force is available to clients in all industries requiring Brexit advice.

Plesner's Brexit task force is headed by Attorney Casper Münter and consists of the following experts who will be pleased to assist you:

• Employment and Labour Law - Jacob Falsner
• Banking and Finance - Rasmus Mandøe Jensen
• Capital Markets - Janus Jepsen
• Commercial Contracts - Hasse Olesen
• Commercial Real Estate - Karina Brinch
• Dispute Resolution - Frants Dalgaard-Knudsen
• Energy Law and Infrastructure - Niklas Korsgaard Christensen
• Construction - Frants Dalgaard-Knudsen
• EU and Competition Law - Christopher Kjølby Jensen
• Insurance and Pension Law - Torben Bondrop
• IP Law -  Kasper Frahm
• M&A -  Tina Kang
• Marketing Law and Consumer Law -  Jane Frederikke Land
• Data Protection Law -  Michael Hopp
• Corporate Law -  Lars Bunch
• Tax Law - Mathias Kjærsgaard Larsen
• Excise Duties - Thomas Gønge
• Technology, Media and Telecoms (TMT) - Niels Chr. Ellegaard