How To Start A Business UK?
- Despite the recent events linked to Brexit, the UK continues to be an inviting destination for entrepreneurs and companies wanting to set up branches in the UK
- So, if you are looking to start or expand your company in another country, the UK is an ideal place
Starting A Business In The UK
- The UK is the 5th highest ranking country in the world in nominal GDP, as per IMF’s 2023 report
- It houses the world’s largest financial centre alongside New York
- London is one of the largest cities in the world and with the highest city GDP in Europe
Read More: What is UK Start Up Visa?
Why Are More And More Companies Starting A Business In The UK?
International business owners are registering a company UK because they want to:
- Enter a thriving global market and access new customer pool
- Develop innovative products and services
- Find new suppliers and partners
- Easily expand their business in other countries across Europe
Did You Know?
Companies based in the UK can reach more than 500 million consumers across Europe.
Benefits Of Starting A Business In The UK
- You don’t pay any duties when importing or exporting within the European Union (EU)
- The UK also has free or preferential trade agreements with many non-EU countries
- Ease of doing business:
- 48 hours to register a company
- 60 to 90 is the typical company set up time
- 25% Corporation Tax for foreign companies
- Tax credits available for foreign companies involved in R&D
- Find a huge workforce with strong skills
- Locate business in Enterprise zones for reduced taxes and financial benefits
Quick & Easy Guide: Starting a Business in the UK as a foreigner in 2023
How Can The SmartMove2UK Help You With Starting A Business In The UK?
- Our UK-qualified solicitors and lawyers are well-versed with all matter concerning UK Visas and Nationality Laws
- We have 1,000+ success stories & clientele in 26+ countries
- We have assisted our clients through every step of starting a business in the UK and registering a company UK
Read: A Comprehensive Guide to Registering a UK Company as a Foreigner for Entrepreneurs and Business Owners.
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