Uk Business Continues To Hold Its Own
If you've been following news headlines, you know that's been a continuing
buzz in many industries in the UK regarding business, particularly with science and technology but by no means limited to those areas. From the central locations in England to the outskirts of Scotland and Wales, there is no question that business is alive and staging a resurgence even in the midst of the turmoil that continues to besiege the country and the world with the war in Afghanistan.In addition to the strength of this resilient nation, the UK is regarded as one of Europe's leading destinations for companies that are seeking to develop global business and for those who are interested in an investment destination that offers many advantages over neighboring countries and other locations around the world.
The UK is an excellent destination to set up a business because, according to The World Bank, you can quickly and easily set up a business in less than three weeks. In other words, a prime opportunity to make an investment in the UK business arena will not have to be overlooked by legalities that tie up paperwork and processing for more than a month in other comparable locations. This makes the UK a smart move for investors who believe in striking while the iron is hot.
So that there is no confusion, starting a business in the UK doesn't mean you have to pack up your life and relocate everything and everyone to the UK. Quite the contrary, your decision to utilize UK as a business location while maintaining the auspices of a foreign investor can be beneficial with a competitive corporate tax rate for investors that's a modest 28 percent, which is less than half of the rate that was imposed on foreign investors back in the 80's.
Did you know that the UK also stands second in line behind only the United States for the most productive places for innovation firms in the world? It's true and with so much technology continuing to advance, choosing the UK as your location for business innovation puts you in touch with some of the industry leaders who already have businesses in the UK.
For those who are conscious of the political environment and want to approach the UK as a solution that holds no surprises for business formation regulations, the UK is recognized as a stable regulatory environment with a consultative approach to business formations. The methods and options to register are easier in the UK than neighboring countries of Italy, Germany and France.
The UK also holds claim to one of the most extensive broadband markets in the world, offering one of the world's strongest infrastructures in existence. The UK will host the 2012 Olympic Games, making now an ideal time to have a business in this fantastic country that has world class transportation options, including Terminal 5 at Heathrow Airport. With more overseas companies headquartered in the UK for their European location and a high quality of workers, the UK is an ideal place to start your business.
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