Doing business in the UK - Considerations

Before deciding to do business in the UK, you should consider

Appropriate vehicle
Consider the most appropriate vehicle for you. This will be determined by a number of commercial factors, including taxation.

Take Advice
The complex nature of UK law can result in unnecessary costs and liability. Legal and accountancy advice will assist in minimising this.

Carry out research
Undertaking research on market trends, cultural impact etc will assist your business in any UK launch. Again, we are more than happy to assist in putting you in touch with relevant experts.

The European Union
Any business operation in the UK will need to consider the increasing impact of EU legislation.

Tax advice
It is imperative that proper tax advice is taken before you undertake any investment or venture in the UK. Consideration should be given as to the most tax efficient structure. Available grants should be investigated.

The Internet
Electronic trading has changed the way we do business. Consideration should be given as to whether a physical presence in the UK is actually needed.

Cost
Any set up is unlikely to be cheap and consideration should be given at the outset as to the available budget. However, it is important to be realistic and ensure that sufficient money is spent to meet objectives.

Time
It all takes time and will often take longer than anticipated.

Ashfords
We are here to help. We have the expertise and depth of resource to be able to assist you in your trading arrangements in the UK.

Ashfords LLP is regulated by the Solicitors Regulation Authority.  The information in this note is intended to be general information about English law only and not comprehensive.  It is not to be relied on as legal advice nor as an alternative to taking professional advice relating to specific circumstances.