Agenda Doing Business in Europe Doing Business in the UK Working together.
Transcript of Agenda Doing Business in Europe Doing Business in the UK Working together.
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Agenda
•Doing Business in Europe
•Doing Business in the UK
•Working together
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Doing Business in Europe
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The European Union
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Top Location (Europe)
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Doing Business in the UK
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Open for Business
•Coalition Government
•“Unbreakable” Relationship
•Government Priorities
•Economy
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Why the UK?
• The easiest place to set up and run a business in Europe
• Access to the world’s largest market
• A strong science base
• A stable regulatory environment
• A flexible workforce
• Most attractive destination for inward investment
• Transport
• Olympic opportunities
The UK provides the best environment for companies to grow
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• Business rationale• Channels & partnering• Funding• Corporate structure •- taxation, transfer pricing•- branch v subsidiary• R&D Tax credits
• Location- the UK’s Regions•- customers, skills pool•- infrastructure•- growth potential• Property• Grants and incentives
• Key executives• Skilled workforce /• graduate population• Visas and work permits• Salary & benefits• Personal tax / NI
•Guidance on:• Company registration• Intellectual property• Licences• Data Protection• Banking intro’s, forex• VAT, Customs advice
• Discussing / Assisting Outsourcing• Introductions to Consultancy services• Intros to Recruitment services• Support from RDA’s• Support from UK Trade & Investment
•VP Sales and HR:
Identify the people
•Support your business
•CEO & VP Bus Dev:
Determine strategy
•VP Real Estate:Identify a location
•CFO and Legal Counsel:Start the business
How we assist
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Working Together
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“Unbreakable Relationship”
• The UK and the US are each other’s single largest foreign investors The UK is No 1 in Europe, the US No 1 in the World
• 1 million people in the US go to work each day for UK companies 1 million people go to work for US companies in the UK
• The US is the UK’s top export destination and the UK is the US’ 6th largest trading partner Total UK imports of goods and services from the US is $70
billion
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Utah Exports
• The UK is the No 1 export destination for Utah companies
• 42% of Utah’s exports are sold to the UK
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British Business in Utah
• UK owned companies employ 8,100 people in Utah
• UK owned companies employ 22% of the 36,600 jobs created by foreign owned companies in Utah
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Utah Business in the UK
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Contact Details
Andrew LewisConsul and Head of UK Trade & Investment
T: 310 996 3024
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