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| Europe |
| Brexit: Sony to move European HQ from UK to Netherlands to avoid disruption |
| 2019-01-23 |
| TOKYO (AFP) - Sony will shift its European headquarters from Britain to the Netherlands to avoid Brexit-related customs issues, but operations at its current UK company will remain unchanged, a company spokesman said on Wednesday (Jan 23). "We are moving the location of our European headquarters' registration to the Netherlands" by the end of March, company spokesman Takashi Iida told AFP. The relocation is aimed at avoiding cumbersome customs-related procedures after Britain leaves the European Union, he said. The Japanese electronics giant late last year registered a new company in the Netherlands, and plans to integrate its existing European headquarters in Britain into the new company. The move will make the firm "a company based in the EU", so the bloc's common customs procedures will apply to Sony's European operations after Britain relinquishes membership, Iida said. Sony, however, will not move personnel and operations from the existing UK company to the Netherlands, and "the only change we will make is the change of registered location of the company", he added. Its rival Panasonic last year moved its European headquarters from Britain to the Netherlands over concerns about potential Brexit-related tax issues. |
| Posted by:Besoeker |
| #6 Last Christmas I got a nice little Sony audio system with tuner, CD player Bluetooth, line in, line out, USB interface, remote for not that much money. It may not be a hot product, but it was just what I wanted. |
| Posted by: Anguper Hupomosing9418 2019-01-23 18:27 |
| #5 Totally OT thanks to Sony for a cheap, ugly all-in-one CD player whose freakishly pleasant sound (merely a lucky accident, as I learned when I went to replace it) made a good chunk of the '90s more tolerable. O oh-so-euphonious Sony, No box less expensive or tony, But never more faithful A friend playing plates full Of Bach have I known, no baloney! |
| Posted by: Zenobia Floger6220 2019-01-23 16:18 |
| #4 #2, sounds a lot like people in US gummint who totally assumed swillary would be elected. Whuttasurprise... |
| Posted by: M. Murcek 2019-01-23 15:43 |
| #3 Doe's Sony have any hot products anymore? Just curious. |
| Posted by: 3dc 2019-01-23 12:41 |
| #2 Consider poor Airbus; they have just recently discovered the coming Brexit and now have their panties in a knot because most of their wings are built in the UK. And there is currently no sort of agreement between the UK and EASA for airworthiness approvals. Several other major aerospace companies also have business units in the UK and also haven't got a plan for post-March 29 festivities. |
| Posted by: USN, Ret. 2019-01-23 08:37 |
| #1 Sony, however, will not move personnel and operations from the existing UK company to the Netherlands, and "the only change we will make is the change of registered location of the company", he added. aka Panamanian or Liberian registry |
| Posted by: Procopius2k 2019-01-23 07:27 |