Doing Business in the UK

According to UK Trade & Investment there are key advantages for investing and doing business in UK:

  • The easiest place to set up and run a business in Europe. Studies conducted by the World Bank suggest that it takes an average of 13 days to establish a business operation in the UK. Thus setting up business headquarters in the UK is very advantageous. World banks rank the UK first in Europe and sixth in the world as the best place to set up business headquarters.
  • No red tape. British commerce doesn't require guarantees, performance bonds, joint ventures, technology transfer or local management participation.
  • Low tax rate environment for foreign investors. The UK tax system is simple. Companies are taxed at 26% on profits over £1.5 million while small companies pay tax at a rate of only 20% on profits up to £300,000.
  • No discrimination between local and foreign business. The UK doesn't discriminate between foreign individuals and nationals in the formation and operation of private companies. Also, it doesn't discriminate between UK firms or foreign national owned firms.
  • Gateway to Europe. The UK is prominent in the European Union. Having a headquarters in the UK gives a  business an opportunity to easily enter and explore the European market.
  • One of the most flexible labour markets in Europe. There is an abundance of skilled and non skilled workers seeking both permanent and temporary positions.
  • A good and stable political environment is one of the prime factors that investors take into consideration when setting up their business headquarters in the country. The UK has one of the best political set-ups in the world. The political system is very transparent and stable at all times, and with low rates of corruption.
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·         The easiest place to set up and run a business in Europe. Studies conducted by the World Bank suggest that it takes an average of 13 days to establish a business operation in the UK. Thus setting up a business headquarter in the UK is very advantageous. World banks rank the UK first in Europe and sixth in the world as the best place to set up business headquarters.

·         No red tape - British Commerce doesn't require guarantees, performance bonds, Joint Venture, technology transfer, local management participation.

·         Low tax rate environment for foreign investors. The UK tax system is simple. Companies are taxed 26 percent on profits over £1.5 million while small companies pay tax at a rate of 20 percent on profits up to £300,000.

·         Nodiscrimination between local and foreign business. The UK doesn't discriminate between foreign individuals and nationals in the formation and operation of private companies. Also, it doesn't discriminate between UK firms or foreign nationality owned firms.

·         Gateway to Europe. The UK is a very prominent country in the European Union. Having a headquarters in the UK gives a  business an opportunity to easily enter and explore the European market.

·         One of the most flexible labour markets in Europe.

A good and stable political environment is one of the prime factors that investors take into consideration while setting up their business headquarters in the country. The UK has one of the best political set-ups in the world. The political system is very transparent and stable at all times. The country also has low rates of corruption.