Sony to register HQ in the Netherlands, people to stay in UKStaff Writer | January 23, 2019
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.
Europe Sony will not move personnel and operations
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. ■