UK

General Information

Advantages:

130 DTT
19 TIEAs
Entrepreneur’s and Investor`s relief
Patent Box (10% corporation tax)
Low tax rates and allowances for eco-friendly products
A clear tendency of lowering the rate of corporation tax
No capital duty
The stable and sustainable banking system

Disadvantages:

Open public registers (UBOs, directors, shareholders)
Diverted Profits Tax (DPT)
Substance for tax matters
Strict bank compliance

The United Kingdom of Great Britain and Northern Ireland is an island country located in the north-west of the European mainland. It consists of four constituent countries: England, Scotland, Wales and Northern Ireland.

Being a permanent member of the UN Security Council, European Economic Community, Council of Europe, G7, NATO, OECD and WTO, the UK is regarded as a prosperous country in the economic, political and social sphere.

British stable, but still progressive, due to the active role of the judicial branch, legislation enables entrepreneurs and companies to run their business smoothly, without any unreasonable restrictions on the governmental side.

The previous statement is proved by numbers: the stock of UK investments abroad was worth around £11 trillion in 2017, with foreign investment in the UK worth a similar amount.

The UK enjoys the reputation of a prestigious, expensive and credible jurisdiction for any kind of business initiative.