How do I set-up an overseas business in the UK?
Here are some of the key issues to consider to increase the likelihood of a successful business expansion to the UK.
The two main time considerations relate to bank account set up and employing staff.
Opening a bank account with one of the main banks can take two months or more and can be a time-consuming process. An online application to one of the emerging challenger banks is much faster. However, the range of banking services provided by challenger banks will be reduced in comparison to the full-service menu of one of the main banks.
When hiring employees, you will need to factor in their likely notice period from their current role. This period can range from one to three months. In the case of C suite executives, it can be up to six months in length. At the discretion of the current employer, these notice periods may be reduced.
Read more about how we support International industry at every stage of Entering the UK Market business journey. As always, please feel free to get in touch with me to discuss your own business situation.
Here are some of the key issues to consider to increase the likelihood of a successful business expansion to the UK.
After choosing your legal entity and agreeing your corporate structure, it’s time to get to create a tax, audit and compliance environment.
For businesses importing goods and services to the UK market, here is a summary of the Brexit implications to consider.
Setting up a business is an exciting time for anyone but, for a lot of people, it’s also a bit scary knowing where to start and can be fraught with questions.
For businesses entering the UK market, here is a summary of the admin procedures to run a UK payroll.
If you’re making plans for your business to enter the UK market, there are three main tax registrations for you to consider.
For businesses entering the UK market, here is a summary of the key filing dates that need to be met.
For more information, or to discuss your specific requirements, please get in touch