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.
What tax registrations do I need to consider when starting up a UK business?
The three tax registrations for UK start-ups are:
- Corporate Tax, based on the profits of the UK business
- Payroll Taxes encompassing Income and National Insurance Taxes on all employees and an employers National Insurance charge, and;
- Value Added Tax (VAT) which is a sales tax levied on most goods and services sold here in the UK
All tax registrations for UK start-ups can be done online. VAT registration will take the longest and can be 1 month plus for a registration, so forward-planning is needed for this type of registration.
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.
Gerry Collins
Further Reading
You may also find the information in these articles useful for the stage of your business
Are there any critical timing issues to consider when setting up a business in the UK?
If you’re making plans for your business to enter the UK market, there are critical timing issues for you to consider from the start.
Are there any financial audit obligations for a new UK entity?
After choosing your legal entity and agreeing your corporate structure, it’s time to get to create a tax, audit and compliance environment.
Are there any import implications of Brexit that I need to consider?
For businesses importing goods and services to the UK market, here is a summary of the Brexit implications to consider.
How do I start a business in the UK?
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.
What are the admin procedures for running a UK business payroll?
For businesses entering the UK market, here is a summary of the admin procedures to run a UK payroll.
What filing dates do a UK business need to meet?
For businesses entering the UK market, here is a summary of the key filing dates that need to be met.
Need more advice?
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