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.
Rigorous pre-market entry planning is required and the most important aspect of that is market research.
Many start up’s fail because of insufficient market need for the goods or service. To my mind, you must be customer centric before launch. A product or service that is viable in the home market may not sell in the UK for many reasons, such as, greater competition or different technologies etc. It is important to speak to potential customers about their needs not the current attributes of your product. This may mean your product needs to be redeveloped or modified. Continue to align customer wants with the attributes of your goods or services.
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.
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.
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 more information, or to discuss your specific requirements, please get in touch