How to run a business in the United Kingdom: A comprehensive guide to forming and operating a company as a foreigner

By Simone Domenico Casadei Bernardi

Starting a new business can be a daunting task, and certainly one that should not be taken likely. However, there are a few simple things to remember. The first key is to ensure that one is launching a business within the appropriate legal structure. If choosing to operate as a sole trader or a partnership, the rest of setting up and sustaining the business is quite simple. Though if one wishes to incorporate a business as a limited company, it becomes more complicated with additional legislation and key dates to bear in mind for submitting financial and administrative statements.

This book is intended to provide you with an overview to starting and sustaining a new business in the United Kingdom. Whilst there may be challenges to face, an understanding of the content of this book will enable you to be in the position when joining the United Kingdom's economy.

Included is a basic overview of the country, along with business law and information about taxation and trade.

The United Kingdom has been a centre of world trade and business for centuries. In most recent times, it remains an important country in terms of international commerce. It is a migration hub, where people from a wealth of different backgrounds and experiences meet, work together, and co-exist. Regarding communications, many of the world's submarine fibre cabling systems have central points in the United Kingdom, enabling online communication and trade to flow more smoothly. The country also has broad links with other parts of the world, such as the other twenty-seven Member States of the Euro-pean Union; the fifty-three members of the Commonwealth; the fourteen British Overseas Territories; and the other sixty-six countries with English as the official language.

Which taxes are pertinent to which business types are discussed at length in a dedicated chapter. This is a particularly important topic, as running afoul of such regulations can be financially very costly.

ContentsThe United Kingdom: an overwiewGeneral economic dataLimited companies in detailThe banking system in the United KingdomAccounting and reportingBusiness law in the United KingdomTaxation in the United KingdomImport and exportLabour law and labour costsBusiness Etiquette in the United Kingdom

About the author. Simone D. Casadei Bernardi is a business consultant. He specialises in business strategy, compliance and internationalisation. He is the founder and director of European Business Advisory Ltd. and senior managing partner of Blockchain ConsultUs Ltd., consultancy firms based in London. He is a member of the Management Control Association and the International Compliance Association.

• Format: Paperback
• Language: English
• ISBN: 1731212852
• ISBN13: 9781731212856
• Release Date: November 2018
• Publisher: Independently Published
• Length: 158 Pages
• Weight: 0.39 lbs.
• Dimensions: 0.4" x 5.0" x 8.0"