Inward investment support

If you are an overseas organization considering establishing an operation in the UK there are many factors to take into account. Some of these are:

 

  • Which structure is most appropriate for you? - a limited company, branch or representative office? Each of these has different legal and tax consequences.
  • From the outset what will be needed?
    • Company/Branch formation
    • Opening a bank account
    • Registration for VAT
    • Payroll arrangements
  • How will the financial records be maintained and reports made to Head Office?
  • How can you deal with recruitment, IT, accommodation etc.

From our experience in dealing with businesses setting up in the UK from both the US and mainland Europe we are able to provide the required solutions. In particular we will:

  1. discuss the appropriate structure with you and liase with your local advisors.
  2. deal with the formation of your UK entity.
  3. assist with the opening of your UK bank account through our connections with the main clearing banks and their international departments.
  4. obtain both VAT and Payroll registrations.
  5. discuss your accounting requirements and whether you should utilize our outsourcing service. This will include ensuring that reports are made to Head Office in the required format and with the reporting deadline.
  6. where appropriate operate your UK bank account.
  7. undertake raising invoices, paying suppliers and credit control.
  8. consider any transfer pricing issues that may arise and negotiate with the UK tax authorities.
  9. in conjunction with recommended legal advisors, assist with HR matters and deal with employee benefits.

In our experience it is essential that planning for these matters should be done at an early stage. We would suggest you contact us at either our Richmond or Windsor office to discuss how we can help.