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Clifford Chance

Clifford Chance


Scotland the brave? An overview of the impact of Scottish independence on business

29 July 2021

Scottish independence remains very much a live issue, as First Minister, Nicola Sturgeon, continues to push for a second referendum, but the prospect of possible independence raises a host of legal issues.

In this overview, we examine how Scotland might achieve independence; the effect of independence on Scotland's international status, laws, people and companies; what currency Scotland might use; the implications for tax, pensions and financial services; and the consequences if Scotland were to join the EU.

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