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Team Divantage
- June 22, 2022
A prosperous nation where you can grow your business is the UK. Due to the country’s established economy, foreign companies, investors, and entrepreneurs may dependably grow, trade, and invest there. By conducting business in the United Kingdom, you may broaden your horizons into an atmosphere where international trade is thriving.
With the new UK Expansion Worker visa, you may grow your company to the UK. This visa permits the bearer to go to the UK in order to establish a branch of a foreign company that has not yet begun doing business there.
Let’s go through the top 5 reasons why expanding to the UK might be beneficial for your company.
1. Establish a global presence
Numerous international brands are based in the UK. Additionally, the UK has a reputation for being one of the consumer markets with high spending levels, an open economy, and a business-friendly atmosphere, all of which create prospects for growth and increased profitability.
In order to compete in the worldwide market and target UK’s high-spenders to optimise your revenues, you need build an international presence in the UK.
2. Easy-to-do business
The UK is renowned around the world for having few limitations on foreigners conducting business there. It is the perfect place for business owners to grow to the UK because of its controllable taxation structure and general business practises, for both residents and non-residents.
3. Robust Economy
The UK’s economy is set up to support investors and business owners with finances, financial plans, and a wealth of options. A new company may securely establish its foundation in the UK thanks to the country’s robust business infrastructure and its market’s flexibility.
Aside from London, the country’s financial centre, Birmingham is one of England’s numerous expanding towns that is ideal for business.
The UK also has one of Europe’s fastest GDP growth rates.
4. Centre for start-ups and innovation
One of the world’s most inventive nations is Britain. On the 2019 Global Innovation Index, it came in fifth place.
To safeguard original ideas, the nation has a top-notch intellectual property (IP) framework.
For well-known international brands, it is a hub of innovation.
Numerous globally successful businesses have made Britain their European headquarters.
5. Presents avenues for citizenship
UK business visas offer settlement options, so during your time in the UK, you are not only doing business but also working your way to a UK residency and potential citizenship.
As a citizen, you’ll have access to the UK’s top-notch healthcare system, no employment limitations, and a place to call home in a culture and economy that are both stable.
If you are looking to expand your business in the United Kingdom and need help in applying for a UK Business visa, you can book a consultation with our specialists. Thinkbiz is one of the leading business advisers and endorsement specialists in London.  We have our clientele base spread all across the global with many success stories.