Set Up UK Operations

How to establish your uK presence.

Set Up UK Operations

Opening a business in the UK is relatively straightforward.

There are also a range of incentives to help foreign businesses set up and expand in the UK, making Britain an attractive place to do business.

To set up UK-based operations, there a number of factors to consider and steps you’ll need to follow, from choosing the type of business structure, to finding premises and deciding whether you will need to hire people to help.

Sole traders
It is more straightforward to set up as a sole trader, but you will be personally responsible for the business’s debts. You also have some accounting responsibilities.

Limited company
If you are setting up as a limited company you will need to appoint directors and a company secretary, work out your shares and shareholders, write your memorandum and articles of association, open a separate bank account and register for corporation tax.

HMRC
You will need to register with HM Revenue and Customs (HMRC) for tax purposes.

Additional rules
Check if there are any additional licences, insurance or other rules for your type of business in the UK. There are also rules you must follow if you sell goods online, buy goods from abroad or sell goods abroad and store or use personal information.

Employment
Will you employ people, or take on agency workers or freelancers? You will need to understand your legal duties under UK employment law.

Premises
Where you work will also determine responsibilities, such as whether you run your business from home, rent or buy premises, and whether you are liable for business rate.

IP
Will you need to register the trade mark in the UK to stop anyone else from trading under the name?

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