UK inward investment
If you are looking to establish your business in the UK then we can help to make it happen - quickly and easily.
We understand the challenges facing organisations wishing to locate in the UK. We have a significant number of overseas branches and subsidiary companies amongst our clients. We can also draw on our connections in Europe and the rest of the world through our membership of IEC, a worldwide network of accountants and business advisors.
The service offered can take many forms and is tailored to each company's individual needs and requirements. The extent of our service is dependent upon the type of activity of the overseas company concerned. Set out below is a broad summary of the areas of activity we offer advice on:
- Initial advice on legal entity for UK operation and liaison with existing tax accountants and solicitors/attorneys.
- UK taxation law for payroll, income and corporate taxes including VAT.
- Registration with the relevant UK Government departments.
- Provision of registered office address.
- Provision of responsible officer/UK representative services including cheque signatory services.
- Provision of secretarial and support staff.
- Provision of UK based accounting support.
- Annual audit/accounting review services in consultation with parent company auditors.
We will invest time in order to understand your exact needs, and future plans, in order to ensure that you select the most appropriate option. Typically companies can operate in the UK through a subsidiary company, a UK registered branch or a UK registered place of business.
The UK now has one of the lowest rates of business tax ("corporation tax") in Europe and has a favourable capital taxes regime to rival that of the Netherlands. In addition, UK social taxes are lower than many of its European counterparts.
In the UK both branches and companies pay corporation tax, although the rates applicable will be dependent on your circumstances. The social tax is known as national insurance ("NI"). Employers have an obligation to collect NI, together with UK income tax, and pay the amounts over to the tax authorities.
For more detail on how we would work to help you, contact Matthew Wright and Matt Bird.