Looking to set up a business in the UK?
With a thriving financial centre, a market of more than 66 million people and a favourable corporate tax regime, there are endless reasons why you would choose to do business in the UK.
The UK has a diverse and stable economy, making it an attractive location for businesses. As one of the world’s largest economies, it is known for its expertise in its finance, technology, and creative industries.
Access to the EU market
Despite having left the European Union, the UK still has access to the EU market through several trade agreements. This means that businesses based in the UK can still benefit from trade with a European audience.
Favourable Tax Regime
The UK has a relatively low Corporation Tax rate of 19% for smaller companies with profits under £50,000 per year. Although the Corporation Tax rate for businesses making larger profits has risen to 25% since April 2023, for companies with augmented profits between £50,000 and £250,000, tax is tapered down using a marginal relief calculation.
Research & Development Incentives
For all businesses, regardless of size, there are tax incentives available, such as research and development (R&D) tax credits. These provide UK businesses with a significant advantage compared to other countries.
The UK has a highly skilled and educated workforce. As such, businesses based in the UK can benefit from access to a talented pool of employees.
Supportive Business Environment
The UK Government is supportive of business, with a range of schemes and incentives available to help new and established enterprises. This includes funding for start-ups, grants for innovation, and support for exporting.
Overall, the UK provides a favourable environment for businesses, with a strong economy, advantageous tax regime, skilled workforce, and a supportive business environment.
Quick start guide for international entrepreneurs
Our quick start guide, covering everything from trading structures to tax and accounting, is now available for free, to overseas entrepreneurs.
Businesses travelling ‘across the pond’ (USA – UK)
With common principles, a long history and shared business values, British and American businesses benefit from an undeniably close working relationship.
Did you know, for instance, that the United States is the single largest investor in the UK, and the UK is the single largest investor in the US?
From regulatory hurdles and trade issues across the Atlantic to setting up a business and moving your family to the UK, we support American businesses, helping to overcome challenges, reach European markets and expand international operations on British soil.
From visas, business structuring, tax planning and investments, our specialist advisors offer a compliance-managed and hassle-free service to US businesses coming to the UK.
Trusted worldwide, our experts provide a dynamic accounting and advisory service you can rely on.