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Business is GREAT
Come to the UK
You’re Welcome
Marta Georgieva – UK Trade & Investment
Investment opportunities in the UK
Brno, 25th November 2015
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We provide a wide range of services to support new investors in the UK as well as to help expandfurther export businesses
Investment Trade
▪ Access and introductions to the right people
▪ Advice and support on setting up in the UK
▪ In-depth report tailored to your business needs
▪ Help selecting the best location
▪ Tax advice
▪ Ongoing government support once you’ve arrived
▪ Support with visas and entry to the UK
▪ Help finding top quality staff
▪ Tailored assistance for entrepreneurs
▪ UK Advisory Network access to trusted commercial providers
▪ Passport to Export for new and inexperienced exporters
▪ Gateway to Global
▪ Growth for experienced exporters
▪ Export Marketing
▪ Research Scheme to investigate a potential export market.
▪ Overseas Business
▪ Risk advice
▪ Market visits and trade missions
▪ Overseas Market introduction
▪ Service to access research, identify contacts and plan
events
▪ Seminars, webinars and events in the UK and overseas
▪ Tradeshow Access
▪ Programme support to attend overseas exhibitions.
▪ Open to Export community-driven website for SMEs
▪ Export
▪ Communications
▪ Review to assess communication with overseas customers
UKTI has more than 1,200 staff in over
100 overseas markets
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UKTI Investment Services Team - Our mission
• Identify prospective CEE companies with ambitions to internationalize
• Help CEE companies explore and expand into the UK market
• Create an environment of high-quality inward investment
• Maintain UK’s long standing position as a top investment destination
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Our services to international investors in the UK are free of charge and commercial-in-confidence.
UKTI offers flexible support packages for every aspect of your investment
Not sure which country is best for your business?
Already decided to bring your business opportunity to the UK?
Already established in the UK, but looking to expand your business?
▪ Market information
▪ Business insights
▪ Events / conferences
▪ Relationship building
▪ Accessing finance
▪ Recruiting skilled staff
▪ Choosing the right location
▪ Finding premises
▪ Opening a bank account
▪ Tax and legal advice
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Why UK as a top destination for business expansion?
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Why invest in GREAT Britain?
A GREAT market
A GREAT place to work
A GREAT place to grow
A GREAT government support
• Vast market opportunity
• Business-friendly conditions
• Favorable business environment
• Attractive tax & support regime
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A GREAT market1
As a gateway to Europe, the UK provides access to a market of over 500 million consumers
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UK is the 5th largest economy, 2nd most innovative country in the world and attracts most FDI projects in EuropeLevel of innovation
Source: World Bank; UNCTAD, 2014; Global Innovation Index 2015
World-class industries
Country Score (2015)
1 Switzerland 68.30
2 United Kingdom 62.42
3 Sweden 62.40
4 Netherlands 61.58
5 USA 60.10
… … …
24 Czech Republic 51.32
Largest IT industry in Europe
Advanced transportation industry
2nd largest aerospace industry in the world
• Tailored market research
• Comparative analyses
• Access to Sector Specialists
UKTI support:
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A GREAT place to work2
The UK was ranked 6th globally for ease of doing business in the World Bank’s Doing Business 2016 Survey
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Great Britain is ranked 6th place globally when it comes to ease of doing businessEase of doing business
Country Ease of Doing Business Rank
Singapore 1
New Zealand 2
Denmark 3
South Korea 4
Hong Kong 5
UK 6
Germany 15
Ireland 17
Czech Rep. 35
Source: World Bank, Doing Business 2016
24 hours to open the business online
1 GBP required share capital
Trust towards entrepreneurs
• Registering a UK entity• Opening a bank account• Obtaining VISA, work permits• Finding office premises• Help finding partners (UK Advisory Network)
UKTI support:
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A GREAT place to grow3
The UK is the No.1 destination for international business in Europe
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Almost every region in the UK offers various incentives to companies to attract them to establish there
Catapult Centres
• 10 Catapult Centres allow businesses to access equipment and expertise
• They bridge the gap between research and business, and help commercialize the outputs
Enterprise Zones
• 24 Enterprise Zones offer a combination of reduced taxes, simpler planning rules and a package of financial incentives to encourage businesses to establish themselves there
Local Enterprise Partnerships
• 39 Local Enterprise Partnerships between the government and businesses, which work together to drive business growth and provide the best local advice possible
Types of development deals
• Select the right location for your business
• Overview of local accelerators / incubators
• Introduction to the right people / organizations
UKTI support:
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A GREAT government support4
The UK Government is committed to creating the most competitive tax regime in the G20
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The UK government is doing more than ever to create the best business conditions and attract top investments
Patent box
▪ Patent Box is a preferential tax regime for profits arising from patents
▪ A reduced rate of 10% will be gradually phased in by 2017
R&D credits
• Companies with qualifying R&D expenditures are entitled to a deduction on their taxable profits
• For SMEs, for example, the deduction can reach 230%
Attractive tax regime
• Corporation tax rate of 20% from April 2015 is the lowest in G7
• Further reductions will bring down the rate to 18% by 2020
Examples of government support initiatives
• Overview of government support programs
• Assess eligibility for state funding / aid
• Assistance on how to apply
UKTI support:
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How can UK Trade & Investment support you?
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We can support your expansion by providing information about the UK market, as well as helping you settle every step of the wayOur Top 10 support services
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As a fully integrated advisory service, UK Trade & Investment will support you both from your home market and locally in the UK
Dedicated UK Project Manager
Local Investment
AdvisorC
ompa
nyUKTI cooperation structure
Site and property search
Visiting the UK
Building key contacts
Aftercare
Maximising your global potential
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How to start cooperation?
Contact the local UKTI Inward Investment Team
Start a conversation about your plans and how we can assist you Benefit from our support!
You can contact your local UKTI Investment representative at:
STEP 1 STEP 2 STEP 3
