Setting Up in the UK
We have acted for many businesses investing in the UK from many different countries, including China, the United States, India, Australia, Canada, and throughout the Middle East, by collaborating with The Department of International Trade and partnering with a firm of lawyers to provide all required services.
Helping businesses to expand globally for over 50 years
Although the UK remains one of the easiest countries in which to do business, it is always beneficial to have a local advisor who is familiar with UK legislation, taxation, and has a tried and tested network of contacts to help you get started.
We have over 50 years of experience in assisting businesses to grow, many of which are overseas businesses that are already established or are in the process of establishing themselves in the UK. Our clients come from all over the world, including many from Europe, the United States, the Middle East, and Asia Pacific, and they work in a wide range of industries.
Planning Your UK Operation
It is beneficial to establish your company’s long-term goals before relocating to the UK. To begin, you may want to test the waters with a representative/agency relationship to see if there is sufficient demand for your product or service.
Questions You Should Be Asking Yourself Are:
- Is the level of demand large and profitable enough to merit establishing more permanent presence in the UK?
- Does your firm have the resources and infrastructure to support UK entry?
- What is the best way of servicing this demand?
- Who are your main competitors in the UK?
- What are the barriers to entry?
How Can DRG Help?
We can provide a full range of accounting services to assist you in establishing and running your UK entity, including:
Advice on HRMC and statutory requirements
- Audit requirement for UK businesses
- Annual Statutory Returns
- Corporate tax
- VAT
- Personal tax
- Expatriate tax
Advise you on the best business structure and help you establish either a:
- Branch
- Subsidiary
Running your UK operation
- Payroll services
- Monthly management accounts
- VAT returns
- Statutory reporting and compliance
- Reporting to parent company, as required
Provide support and advice to help you set up your UK operation
- Opening bank accounts
- Selecting professional advisors
- Building your UK team
- Immigration
- Local employees
- Insurance
- Use of local contractors