Why should I launch a new business in the UK?
Despite Brexit and the current pandemic, the UK is still one of the best countries in Europe and the world for #entrepreneurs, whether you want to start your own business or simply open a new office.
In fact, the UK has topped Forbes' "Best Countries for Business" list in both 2018 and 2019, regardless of the uncertainty still surrounding the transition from the EU.
One of the main contributors to the UK performance is Digital Technology, growing 50% faster than the broader economy, with London being well ahead of any other European location for capital investment, making it an “international digital powerhouse”.
Moreover, the UK is considered one of the best countries for setting up a business due to its Competitive Business Environment. London is also globally recognized as one of the top international hubs of finance, therefore a very appealing place to set-up a company.
Businesses can take advantage of a highly-skilled talent pool, benefit from no language barrier for English speakers, and advantageous timezone for clients/colleagues communication.
One should also know that in the UK venture capital (VC) funding is constantly increasing, with no lack of VC funding for entrepreneurs looking to start a company or open an office. Last but not least, the UK is a crucial hub of artificial intelligence (AI), making it stand out in both a European and global setting.
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If you want to learn more about the benefits of launching your business in the UK, get in touch with The Entrepreneurs Private Office. We offer free initial consultations entirely dedicated to your needs!