ILN: ESTABLISHING A BUSINESS ENTITY: AN INTERNATIONAL GUIDE

[ESTABLISHING A BUSINESS ENTITY IN ENGLAND] 162

ESTABLISHING A BUSINESS ENTITY IN ENGLAND

Foreword The attractiveness of the United Kingdom as a business location is unabated. There are many advantages to doing business in the UK. Investors can draw on a skilled workforce and access a large market; costs of labour and production are lower compared with many other western European countries; investors benefit from a business friendly environment as well as a high degree of legal certainty and political stability; and its capital, London, is a world leading commercial and financial centre. These features make the UK an attractive place to do business, not just for large corporations but also for small and medium-sized businesses. Many foreign companies use the UK as a first stepping stone for expansion into continental Europe. Investing in a foreign country requires awareness of the pitfalls, and prospective investors will have many questions. It is important to have advisers who are familiar with both the legal and the practical issues. This guide offers an overview of legal aspects of conducting business in the UK. It is meant as an introduction to the UK market place and does not offer specific legal advice. Fladgate LLP accepts no liability for anything contained in this guide or for any reader who relies on its content. Before concrete actions or decisions are taken by you or your business, you should seek specific legal advice. We remain at your disposal in relation to questions regarding this guide and look forward to assisting you. This guide describes the law in force in England and Wales as at 14 September 2023, but please bear in mind that statutes, regulations and rules are subject to change.

ILN Corporate Group – Establishing a Business Entity Series

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