1. Investing Climate
for Overseas Companies
in the UK

2. Why international businesses
locate to the UK?
http://goo.gl/IsFoMK
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3. Economic Context
• Gross Domestic Product (GDP) increased by 0.7% in Q4 2013 compared
with Q3 2013. Compared with the same quarter a year ago, Q4 2012, GDP
was 2.8% higher in Q4 2013.
• The unemployment rate for November 2013 to January 2014 was 7.2%,
down 0.2 percentage points from August to October 2013. There were 2.33
million unemployed people, down 63,000 from August to October 2013.
• Annual inflation, using the Consumer Prices Inflation measure, was
estimated to be 1.9% in the year to January 2014 down from 2.0% in
December 2013. In December 2013, inflation hit the Bank of England’s
target rate of 2.0% for the first time in 4 years.
• Retail Sales estimates for January 2014 increased by 4.3% compared to the
same period the previous year. Compared to the previous month, retail
sales declined by 1.5% in January 2014.
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4. Registering a business in the UK
If you’re expanding your business to the
UK and want to carry out business from an
address in the here, you must register
your business with Companies House.
http://www.companieshouse.gov.uk/
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5. Choose a legal structure
• Choose a legal structure for your business
• If you want to form a new limited company
in the UK, you need to register with
Companies House. This costs £20 and
takes about 24 hours.
• ewf.companieshouse.gov.uk
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6. Financial support
• Businesses can take advantage of
different grants and tax allowances in the
UK. These provide financial help and
assistance for research and development
work and investment in business.
• www.startuploans.co.uk
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7. UK Regional Growth Funding
• The Regional Growth Fund supports
projects and programmes that are using
private sector investment to create
economic growth and jobs in different
areas of the UK.
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8. Start-up loans
• The British Business Bank offers start-up
loans for businesses that are less than 12
months old.
• The scheme helps entrepreneurs who
can’t access funding from banks, but
whose business ideas are still capable of
success.
• http://british-business-bank.co.uk/
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9. Tax in the UK - Corporation tax
• The UK government is lowering the rate of
corporation tax to 20% in 2015. It will be the joint
lowest in the G20.
• The current rate of corporation tax is 21%.
• The UK has double taxation agreements through
tax treaties with other countries. This means that
the majority of UK based companies benefit
from an exemption from corporation tax on any
foreign dividends that they receive.
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10. Tax in the UK - Indirect taxation
• Value Added Tax (VAT) is payable on most goods and
services supplied in the UK.
• Goods imported or purchased may also have VAT.
• A company has to charge VAT when their taxable
turnover is, or is expected to be above a certain
threshold.
standard - 20 per cent
reduced - 5 per cent
zero - 0 per cent.
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11. Research and Development
(R&D) Tax Credits
• Tax credits are available for companies investing in
R&D. This means that companies pay a lower rate of
corporation tax.
• Companies are normally entitled to a 100% deduction of
corporation tax on work related to R&D.
• Alternatively, if your company or organisation is small or
medium-sized, you may be able to choose to receive a
tax credit instead, by way of a cash sum paid by HM
Revenue & Customs (HMRC).
• But your company or organisation can only claim R&D
Relief if it's liable for CT.
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12. Tax in the UK - Indirect taxation
• You can find on website who can apply for R&D Relief
and what conditions an R&D project must meet to
qualify. It also explains what costs you can claim for,
how you claim, and whether you can get tax relief, or tax
credits paid back to you.
• SMEs are entitled to a further deduction from their
taxable income of 125% of their current spending on
qualifying R&D
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13. Trademark
• A trademark is a sign that can distinguish the goods and
services of one business from another business.
Trademarks can be: words, logos, pictures, sounds.
• There are 45 types (class) of business activity in the UK
under which a trademark can be registered.
• Registering a trademark costs:
- £170 if done online
- £200 for a paper application
- an additional £50 is payable for each additional
type of business activity added to an application.
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14. Copyright
• No registration is required for copyright in the UK. An
item has automatic copyright when it’s written down or
recorded. This covers: art, broadcasts, computer
programmes, databases, films, literature, music,
photography, technical drawings, websites.
• Your copyright work will be automatically protected
abroad in the same way it’s protected in the UK.
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15. Locations
• Commercial and industrial premises are available in
most areas of the UK to rent or purchase.
• Enterprise zones are different locations across the UK
that offer investors incentives to locate themselves there.
Incentives include: reduced taxes, simpler planning
rules, financial benefits.
• Many Enterprise Zones have employment clusters,
where businesses from the same sector are located in
the same zones.
Examples – go to Appendix 1
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16. Help from UKTI
• UKTI support for companies wanting to locate to the UK
• UK Trade & Investment is the UK national government
department that offers free support and independent
advice to overseas companies looking to invest or locate
in the UK.
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17. Help from UKTI
UKTI provides a number of services to overseas
companies. These include:
1. Accessing market opportunities
Help international companies quantify and assess
market opportunities in the UK and Europe
2. Access and introductions to the right people
Work with every UK Government Department to support
business access to a vast network of industry experts
and local partners
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18. Help from UKTI
3. Setting up in the UK
Provide guidance on set up procedures, including registering a
company, corporate structure and opening a bank account
4. Bespoke market research
Compile in-depth factual reports tailored to your needs, including
market entry support, research and development collaborations and
cost analysis
5. Helping select the best market location
Provide practical help with site selection through visits to locations
and premises and has regional experts on hand to offer advice
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19. Help from UKTI
6. Tax advice
Provides information about the UK tax system, incentives and
administrative processes.
7. Ongoing Government support
Continued support after your business is established in the UK,
providing assistance on expansion and representing your interests
in government
8. Support with applying for visas and entry to the UK
Provide practical support and advice on the UK immigration system,
how it works and the different visa categories
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20. Help from UKTI
9. Finding top quality staff
Guidance on staff recruitment and locating the required skills base
10. Tailored assistance for entrepreneurs
Assistance to entrepreneurs through a network of mentors with the
insight and experience to help make a commercial success of early
stage companies
UKTI Investment Services Team
Email: enquiries@ukti-invest.com
Telephone +44 (0)20 7333 5442
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21. Appendix 1: Locations
ICT Zones in the UK - Local Enterprise Partnerships
• Buckinghamshire Thames Valley
Local Enterprise Partnership
• Buckinghamshire is located just
outside London, within easy
reach of the comprehensive ICT
cluster in the west of the capital.
• Cornwall and the Isles of Scilly
Local Enterprise Partnership
• A strong military presence and
mining heritage means that
Cornwall has had a dedicated
engineering base for
generations.
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• Greater Birmingham & Solihull
Local Enterprise Partnership
• Birmingham is an ideal hub -
software companies already
based there include
Codemasters, Sega and Blitz
Games.
• Enterprise M3 Local Enterprise
Partnership
• There are close to 10,000 ICT,
Software and Digital Media
businesses in the Enterprise M3
Local Enterprise Partnership

22. Appendix 1: Locations
ICT Zones in the UK - Local Enterprise Partnerships
• South East Local Enterprise
Partnership - INVEST Essex
• Home to a skilled labour pool,
with close proximity to the
existing Tech City cluster
• Greater Cambridge Greater
Peterborough Local Enterprise
Partnership
• The Cambridge area is home to
several key computer chip
manufacturers
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• Coventry and Warwickshire
Local Enterprise Partnership
• A leading region for digital media
and development of
communications tools and
software applications
• West of England Local
Enterprise Partnership
• Home to the largest cluster of
silicon chip designers outside of
California, the area is home to
over 200 companies and 5,000
highly skilled engineers

23. Appendix 1: Locations
ICT Zones in the UK - Local Enterprise Partnerships
• Swindon & Wiltshire Local
Enterprise Partnership
• ICT is a rapidly developing sector
in the Swindon & Wiltshire area,
playing a leading role in UK
connectivity and broadband
• South East Midlands Local
Enterprise Partnership
(SEMLEP)
• The area is the proud home of
several multi-national high
technology companies, including
UK and European headquarters
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• South East Local Enterprise
Partnership - Locate East
Sussex
• There is a strong computing and
communications cluster in the
region, with a well-educated and
technologically literate workforce
• Thames Valley Berkshire Local
Enterprise Partnership
• Over 60,000 people working in IT
services; more than four times
the UK average

24. Appendix 1: Locations
ICT Zones in the UK - Local Enterprise Partnerships
• Hertfordshire Local Enterprise
Partnership
• A number of leading ICT and
telecoms companies are
headquartered in the region
including Everything Everywhere
• Manchester City Region Local
Enterprise Partnership
• The birthplace of the computer,
Manchester is the info tech
capital for hardware, software
and IT services
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25. Appendix 1: Locations
ICT Zones in the UK - Enterprise Zones
• Aerohub @ Newquay Cornwall
Airport
• Access to the Superfast Cornwall
broadband project, makes
Newquay of the best connected
places in the world
• Birmingham City Centre
Enterprise Zone
• The UK hub for games and
interactive media, employing
over 53,000, and a suite of digital
support services
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• Alconbury Enterprise Campus
• A business incubator welcomes
small high-technology startups
• Bristol Temple Quarter
Enterprise Zone
• Established cluster of silicon
design companies including
Broadcom, Gnodal, Infineon,
Nvidia and Zuken

26. Appendix 1: Locations
ICT Zones in the UK - Enterprise Zones
• Science Vale Oxford Enterprise
Zone
• Particular strengths in big data,
with large amounts of CERN and
space data downloaded and
managed
• Sci-Tech Daresbury Enterprise
Zone
• Strategic partnerships with blue
chip companies and institutions
such as the Institute for
Engineering and Technology
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• MIRA Technology Park
Enterprise Zone
• Existing tenants include Vocis,
providing advanced automotive
software solutions and
supporting the established
automotive industry

27. Appendix 1: Locations
East London Tech City
• East London Tech City (also known as Tech City or Silicon Roundabout)
is a technology cluster located in Central and East London, United
Kingdom.
• It broadly occupies the part of London's East End between Old Street
(the boundary of Central and East London) and the Queen Elizabeth
Olympic Park in Stratford, with its locus in the Shoreditch area.
• It is the third-largest technology startup cluster in the world after San
Francisco and New York City.
• Development of the cluster has been encouraged by both local and
national government, with the goal of creating a cluster comparable to
Silicon Valley in the United States. Cisco, Facebook, Google, Intel and
McKinsey & Company are among the companies that have invested in
the area.
• City University London, Imperial College London, Loughborough
University and University College London are academic partners in
projects based in the cluster.
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