It is a European country which can produce affordable energy for itself with natural gas and petrol sources in the North Sea. As it has a strong infrastructure, it can easily adapt to global economic and technologic changes.
With its developed seaports, airports, overgrounds and underground and by means of other transportation, UK can provide Foreign Investors easy import and export opportunities for Africa, America and Asia as well as other European countries. UK, also known as the Financial Center of Europe, can offer its jobholders an advanced Banking and Insurance services.
In terms of taxation, Corporate tax ratio is far less than (300,000 STG-20%) it is in industrialized European countries. To encourage foreign capitalized investors 2014 tax rate for companies with tax basis of more than 1,500,000 STG is decreased 2% when compared to 2013 and reduced to 21%. There are various tax immunities for high investment allowance on industrial zone and commercial real estates.
There is no need for being a UK or European Union citizen to start a business in UK. In comparison with past, starting a business in UK has become easier with Ankara Agreement. Within the scope of Ankara Agreement, Turkish citizens have the right to start a business and be a sole trader in UK.
How can we help?
If you are in the process of starting a business in UK, we can provide all kind of technical information on preparation of necessary documents in compliance with legal procedures, preparation of feasibility reports before the relevant investment and situation specific tax planning to help you to evaluate every opportunity and to make a healthy decision.
After investment transaction or going into action after completion start-up procedures, we offer comprehensive services on accounting, tax, auditing and general advisory.