KNOWLEDGE BASE Setting Up Business In The UK

 

October 30th, 2019 Update: On March 29, 2017, UK Prime Minister Theresa May triggered Article 50, which formally started the process whereby the UK will leave the European Union. The original plan was for the UK to leave the EU on March 29th, 2019 but the process has proven to be very complicated and dates and outcomes have continued to shift. On October 28th, 2019, the EU agreed to push the extension deadline to January 31, 2020. 

We will continue to update this bulletin as information is provided.

Expansion Guide - Setting Up Business In The UK

 

There are many ways to take your business into a new country. Know your options and which ones are best for your company and expansion plans. 

 

Use the related sections to work through these steps:

Ways To Do Business In The UK and Setting Up A UK Business

Determine how quickly you want to enter the market and how much control you want 
Review your options for exporting physical goods: direct and indirect exporting
Review your options for contractual strategies: licensing or franchising
Review your options for equity strategies: acquisition, joint venture, wholly-owned subsidiary, setting up a new business
Follow the steps to set up your business

 

Value Added Tax In The UK

Determine if the value added tax (VAT) applies to your business, how it is calculated, and how to keep records

 

Billing Regulations In The UK

Understand billing regulations for invoicing, returns, and refunds and set up your plan to comply

 

 

Globig Knowledge Base

Learn more about your options for setting up business, the Value Added Tax, and Billing Regulations in these related Globig Knowledge Base sections.

Ways To Do Business In The UK

Setting Up A UK Business

Value Added Tax In The UK

Billing Regulations In The UK

 

Globig Resources

Use these related resources if you would like to learn more on your own. 

 Gov. uk has compiled helpful information to assist in your overseas expansion, including how to decide what (if any) UK entity is right for you, how to create that entity, and where and how to register your overseas business.

World Bank Report, Doing Business 2016: Measuring Regulatory Quality and Efficiency

World Bank Group's Ease of Doing Business rankings

For specific World Bank Group Ease of Doing Business ranking information on the UK

Value Added Tax

HM Revenue and Customs

VAT Return

VAT Registration Process

Online Registration

List of Reduced-Rate and Zero-Rated Goods and Services

VAT on Digital Services

UK VAT MOSS

Policy Paper: VAT Rule Change 2015

VAT Invoicing and Record Retention

VAT Invoice Requirements

Consumer Rights Act 2015

Consumer Contracts Regulations 2013

Consumer Protection from Unfair Trading Regulations 2008

 

Globig Marketplace

Are you ready to explore what service providers are available to help you on the ground in the UK?

The Globig Marketplace contains vetted, quality service providers who can help you. Review your options, learn more about them, and even send them an RFI. 

 

Globig

Do you have additional questions or want some help?

Globig is here for you.  Send us a message and we'll get back to you right away to assist you in your global expansion. 

 

KNOWLEDGE BASE Setting Up Business In The UK