Jurisdiction(s):
United Kingdom

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Key definition

Exit day definition

What does Exit day mean? In UK Brexit practice, exit day is the domestic law moment when the UK left the EU. It is the statutory date and time fixed (after earlier extensions) as 31 January 2020 at 11:00 pm UK time. The term is defined in legislation: section 20 of the European Union (Withdrawal) Act 2018 (EUWA 2018), amended by regulations to reflect Article 50 extensions before being set to the above time. Exit day operated as a key legal trigger, including the repeal of the European Communities Act 1972 (subject to savings during the implementation period), commencement of powers to amend retained EU law,...

UK Economic Interest Groupings post-Brexit: automatic conversion from EEIGs, no new registrations, legal framework, membership, management, filing requirements and winding up (Archived)

Published by a LexisNexis Corporate expert

Practice notes

ARCHIVED

This Practice Note has been archived and is no longer maintained. It reviews the law and regulation concerning the corporate structure known as a UK Economic Interest Grouping (UKEIG). A UKEIG originates from the European Economic Interest Grouping framework which, since the UK left the EU, is no longer available in the UK. It is provided for background purposes only.

What is a UKEIG?

In its guidance UK economic interest groupings (UKEIG) and European economic interest groupings (EEIG), the government explains that a UKEIG is an association formed by companies or other legal bodies, firms or individuals from different countries (within the EU or the UK) who need to collaborate across national borders. It undertakes specified tasks for its member-owners and is independent from the owners’ businesses. Its objective is to facilitate or develop the economic activities of its members.

A UKEIG’s official address must be in the UK.
It may enter into arrangements with organisations outside the EU, but those organisations cannot be members of a UKEIG.

The only UKEIGs in existence are EEIGs that were registered in the UK on EU Exit day (31 December)...

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Web page updated on 21/05/2026

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