The UK has a hardworking, educated population with an adaptable and motivated workforce, a strong science and technology base and a commitment to improving standards at every level. International companies have also found that the UK has the most competitive business environment of any country in the European Union and is a highly profitable base from which to operate. And it is not only the easiest place in which to do business – it is one of the most stable countries economically, politically and socially.
In the UK, overseas-owned companies are treated just like domestic companies – and they can remit back your capital and profits freely and easily.



High-quality, modern industrial property is available throughout the UK together with green and brownfield sites. The UK also has a world-class construction and civil engineering industry, with an excellent record for building complex, large-scale industrial units quickly and to high standards. Many companies have been impressed by the speed and ease with which their custom-built facilities have been completed.
The UK has six ‘free zones’, in which no taxes or charges are levied on goods from outside the EU until these are released for free circulation. Among other benefits, the zones simplify customs procedures, add security and provide cash-flow benefits. Tax deductions for customs duties relating to the transshipment, handling and processing of goods for re-export are available throughout the UK.



The UK offers companies low corporate and personal taxation, economic stability and a regulatory environment designed to encourage growth and profits. The UK has the lowest main corporation tax rate of any major industrialised country and has no additional local taxes on profits. Although companies are taxed on an individual basis, UK groups can offset tax losses made by one group company against profits made by another.

The UK has no exchange controls and no restrictions on sending profits abroad. There are no withholding taxes on dividends aid overseas, and many double taxation agreements also allow for interest to be paid tree of withholding tax. The UK has the largest network of double taxation agreements in the world.
Low corporate tax rates are complemented by low personal tax rates (the UK’s 40% top rate is the lowest in the EU) and low social security contributions, which keep employment costs down. Europe’s financial services capital, London, is Europe’s business capital. Along with New York and Tokyo, the UK’s capital is an essential component of the world’s round-the-clock money and investment markets. It is also a major centre for Eurocurrency trading, Eurobank transactions, insurance, futures and options, and fund management. Strong financial service communities are also present in other UK cities, including Bristol, Edinburgh, Leeds and Manchester.

Information supplied courtesy Invest . UK



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