The United Kingdom has one of the most successful economies in the EU. It attracts more inward investment from Asia and the
US than any other EU country, securing almost a quarter of all investment into Europe in 2003, according to Ernst & Young.
This success is reflected in the number of foreign companies that have expanded into the UK. You can be part of it. Find out how easy it is to set up a British company by taking a look at our company formation service. Investors have cited a number of reasons for choosing the UK, including these:
size of the market – it is the world’s 4th largest economy strong currency – the pound has performed better than the euro location and language – a natural point of entry into the EU government policy – the UK has a liberal business environment.
At the same time, it should be noted that the UK doesn’t have a particularly attractive tax regime – full corporate income tax is 30% – and there are few general incentives. These are the most popular structures for foreign companies entering the UK:
- private limited company (Ltd)
- public limited company (Plc)
- branch of a foreign company
- limited liability partnership
The City of London is one of the world’s foremost financial centres, and banks from most countries have offices here. The UK offers sophisticated banking facilities to the business community, but the process of opening an account can be time-consuming, unless you contact us to solve this matter.