How will the vaccine roll out in different jurisdictions impact cross-border businesses? What will professional advisors need to ensure best practice and governance are carried out?

Lionel Paraire

Partner, Galion

Figures shared by the WHO show that most European countries are in the same situation regarding the vaccine roll-out. They also show that only 10% of the global population has been vaccinated so far.

This means that travel will only be possible again in certain countries and most will still have restrictions in place. This will have a negative impact cross-border business.

Regarding Europe, the EU Digital Covid Certificate is aimed at facilitating a safe, free movement of citizens in the EU during the pandemic. The certificate will be introduced in EU Member States. Some of them can start issuing and using it already and it will become available across the EU from July 1, 2021. An EU Digital Covid Certificate is digital proof that a person has either been vaccinated against the virus, received a negative test result or recovered from Covid-19.

It is digital and/or paper format with QR code, free of charge, in all national languages and in English, safe and secure and valid in all EU countries.