Brown discusses the reasons why you should look to establish a business in the UK and why it’s still a good idea post-Brexit.
The UK provides you with numerous opportunities, business-friendly markets and superior tax rates, said Brown. “The UK’s corporation tax rate sits at 19%, the lowest of all G20 countries, including Canada , Germany and Australia . From 2023, there will be a tax increase but corporate tax will remain at 19% for businesses with profits of £50,000 or less.”
“Our investment philosophy has always stressed the importance of regional diversity. Investing in local markets can be easier but it does not provide protection should your local market face setbacks. Expansion into the UK has benefits including diversifying your investments and a safety measure should your other businesses experience a rough patch.
Hold a senior position within the business and have full authority to make decisions on the company’s behalf