Address

Oryx World Business Centre,
Dubai - UAE

info@oryxworld.com

Free call

+(971) 44 46 2000

Address

Oryx World Business Centre
Dubai, UAE

info@oryxworld.com

call

+(971) 44 46 2000

SETTING UP YOUR BUSINESS IN THE UK

Innovative Business Solutions

The UK is one of the most open and welcoming countries for business and, with its reinvigorated global outlook post-Brexit, is attracting entrepreneurs from all around the world to participate in its global success story. Foreign entrepreneurs have three options depending on their circumstances. For those setting up their own business, first-time entrepreneurs can setup under Start-up visa route while more experienced entrepreneurs or businesspersons can setup under the Innovator visa route. For those seeking to open a branch of their existing business, the Sole Representative visa route makes the process straightforward. Each route carries unique benefits, so we recommend consulting a specialist to determine which is best for you.

STARTING BUSINESS IN UK

Types of visa routes available

Start-up visa

A two-year visa designed for first-time entrepreneurs to develop, launch and grow a UK business.

Innovator visa

A three-year visa designed for experienced entrepreneurs or professionals to grow, launch and scale a UK business.

Sole Representative visa

A three-year visa designed for overseas businesses seeking to launch a wholly-owned UK subsidiary.

Tier 1 (Investor) visa

Entrepreneurs and businesspersons can also start a business in the UK after gaining access by making a Tier 1 (Investor) visa-qualifying investment.

HOW WE CAN HELP?

We help new and existing UK businesses succeed through a combination of planning services, financial support, tailored guidance, visa-consultancy services and information. Whether you’re an early-stage founder or seasoned entrepreneur, our experienced consultants provide a comprehensive service to help you plan, optimise, launch, scale and start a UK business. Whatever stage you’re at, we’re ready to help you with your UK business idea. Book a free consultation with our multi-lingual team now.

HOW TO SETUP AN OFFSHORE BUSINESS

What you need to do to set up depends on your type of business, where you work and whether you take people on to help.

SOLE TRADERS

It’s simpler to set up as a sole trader, but you’re personally responsible for your business’s debts. You also have some accounting responsibilities. Find out more about being a sole trader and how to register.

LIMITED COMPANIES

If you form a limited company, its finances are separate from your personal finances, but there are more reporting and management responsibilities. Some people get help from a professional, for example an accountant, but you can set up a company yourself.

PARTNERSHIP

A partnership is the simplest way for 2 or more people to run a business together. You share responsibility for your business’s debts. You also have accounting responsibilities. Find out more about being in a partnership and how to register.

RULES FOR YOUR TYPE OF BUSINESS

You may have other responsibilities depending on what your business does. Check if you need: There are also rules you must follow if you:

RULES FOR YOUR TYPES OF BUSINESS

WHERE YOU WORK

Check what your responsibilities are if you: If you rent or buy a property, you may have to pay business rates. Small businesses can apply for a discount on business rates and some may pay nothing. Check if you can claim office, property and equipment as expenses.

TAKING ON PEOPLE TO HELP

If you take on agency workers or freelancers you have some responsibilities, for example their health and safety.

BECOMING AN EMPLOYER

There are things you’ll need to do if you take on your own employees. You’ll have more responsibilities, including: