Current Posts

The Free Trade Agreement Between the EU and the UK and Its Impact on the Limited Company in Germany

The Non-Discrimination Clause

Firmengruendung.de 0 3187

The EU and the United Kingdom have agreed on a free trade agreement.

Especially relevant for the Limited in Germany could be the non-discrimination clause (national treatment) included in the free trade agreement. This can be found on page 101 of the German version of the agreement and reads as follows:

Article SERVIN.2.3: National Treatment

1. Each Party shall accord to investors of the other Party and covered enterprises treatment no less favorable than the treatment it accords to its own investors and their enterprises in like situations with respect to the establishment and operation in its territory

2. The treatment granted by a Party under paragraph 1 means ...