Before setting up a business in the UK, it is worth devoting some time in thinking about the most appropriate form of entity via which the business should be carried out in the UK. This form might be a limited company, a branch of an overseas company, a partnership or some other suitable business entity.
The factors which may influence such a decision could include:
The commercial objectives of the corporation or the individuals behind the UK enterprise.
The time scales involved, the likely duration of the project or initiative and the exit strategy.
Tax implications in terms of tax-efficient initial investment and extraction of wealth from the UK business.
Other factors peculiar to the industry concerned, the economic climate and other relevant considerations.
Advice should be taken so that there is proper compliance from the outset with various UK tax and other regulations. We will be pleased to assist with some of the compliance issues or refer you to suitably qualified advisers in certain specialist areas.