Lowest corporation tax

in the G20

Lower labour costs

than Germany, France and Italy

230% tax relief

available on R&D costs

Ranked 4th

in the G20 Global Innovation Index

Reasons why businesses prefer the UK

 

The UK is one of the leading business locations in the world and offers world-class research facilities, a highly skilled workforce and an outstanding quality of life.

 

A major domestic market and the perfect base to access markets worldwide, the UK’s open and internationally focused economy is one of the largest and most sophisticated in the world and a proven gateway to the US.

 

An unrivalled business environment

Data from the Organisation for Economic Co-operation and Development (OECD) shows the total value of foreign investment stock into the UK by the end of 2018 increased by 5% to $1,890 billion; confirming the UK as the leading destination for foreign direct investment in Europe, and the third most significant in the world, behind the US and China.

The UK, is also ranked top 5 on the Global Innovation Index 2019 and enjoys R&D tax reliefs of up to 230%, and 50% of all R&D expenditure coming from foreign-owned companies.

 

Low business costs

Pay one of the lowest corporation taxes in the G20 and get tax relief of up to 230% on research and development costs.

 

A world-class skills base

Access to graduates from four of the world’s top ten universities, business-friendly labour regulations, combined with the skill, commitment, and flexibility of the country’s workforce are recognised as proven commercial assets by the thousands of international companies that have already invested in the UK.

With a labour force of 32 million and an employment rate of around 75%, the UK is one of the top European economies for attracting, cultivating and retaining global talent, according to the Global Talent Competitiveness Index 2018.

With such a mobile labour force in a geographical area half the size of France, businesses can access the skills they need from anywhere in the UK.

 

UK infrastructure

Did you know that the UK is home to the world’s largest floating offshore windfarm? Has digital infrastructure that supports a tech sector larger than the rest of Europe combined and is home to the largest air transport system in Europe connecting the UK globally.

With over 70 airports, 40 major ports, excellent rail links and toll-free motorways, the UK has the ideal combination of infrastructure components to move goods and people around the country in simple, affordable ways.

The UK also has the largest air transport system in Europe. Almost all of Europe’s leading technology markets can be reached in under 2 hours from any of south England’s international airports including Heathrow, Gatwick, Stansted, City and Luton Airport. And with over 100 ports, the UK is the second largest ports industry in all of Europe.

 

A great quality of life

With a diverse range of highly attractive housing options, a first-class health service, a world-renowned education system, and a sporting and cultural heritage that is second to none, international executives relocating to the UK enjoy a superb quality of life.

 

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