A business environment that helps firms thrive

Business environment

The UK's Offer

  • Access capital, clients, partners and services as part of the world's largest financial and professional services cluster
  • Enjoy business friendly conditions in the top ranking major European economy in the World Bank’s Ease of Doing Business Index
  • Benefit from the best legal advice in the home of the world's business law
  • Be at the heart of the world's markets, close to more bank head offices than any other centre
  • Benefit from the lowest average corporation tax rate in the G20

Where firms succeed

The UK is one of the saftest and easiest places to do business in the world. One of the highest ranking countries in the World Bank’s Ease of Doing Business index, it is home to the world's business law, pro-innovation regulators, robust market infrastructure, and the gold standard in corporate governance standards. The UK has more flexible and liberal labour laws than most other EU countries. The depth of expertise, and the range of products and services available to financial and professional services is unparalleled,

The UK's business enviroment is set up to help firms to succeed.

The world's most innovative regulators

The Financial Conduct Authority’s Project Innovate enables start-ups and corporate innovation units to test their products in the real market through its ‘regulatory sandbox’. 

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The home of the world's business law

The UK has a strong reputation for rule of law, stabilty and impartiality in the working of its legal system, alongside world-leading dispute resolution, arbitration and mediation services. This means that businesses from across the world trust the UK's legal system for a fair hearing. This, coupled with the renowned quality and range of UK advisory services, and the fact that English Common Law is the most popular for cross border contracts, make the UK an attractive, and predictable place to do business.

The legal system of choice for business

The most widely used legal system globally is English and Welsh Common Law - used in 27% of the world's 320 jurisdictions, giving the UK's renowed legal services expertise a unique advantage in providing legal services to businesses internationally. 

40%

of all corporate arbitrations globally

use English and Welsh law

75%

of cases issued in the UK Commercial Court

involved at least one party from outside the UK

53%

of claims issued in the UK Commercial Court between December 2018 and March 2019

involved only international parties

5 of the 15

largest global 100 law firms

have their main base of operations in the UK

The lowest average corporation tax rate

in the G20 group of major economies

The lowest average corporation tax rate

The joint lowest statutory corporate tax rate of the G7

at 19% - falling to 17% by 2020

The joint lowest statutory corporate tax rate of the G7

One of the world's largest double tax treaty networks

covering more than 100 countries. These treaties reduce with holding taxes on interest and royalties - in many cases to zero

One of the world's largest double tax treaty networks

"The UK’s stability in terms of rule of law and our high standards of regulation are major selling points too. We were having a conversation just last week with a big financial asset manager in Europe. When they realised that we are a regulated pension provider in the UK and that we have met all the high regulatory standards in the UK, then the lights really went on."

Dan McLaughlin, Director of International Smart Pension

"We export a lot of the policies that we develop over here into other jurisdictions so it sets a good example internationally. So as a UK-based company expanding internationally, we take that experience and those policies with us which makes a difference in those countries as well."

Jana Mackintosh, Director of Government Affairs and Public Policy Worldpay

"It is easy to take London’s unique infrastructure for granted, but establishing and growing our business would not have been as smooth in the many other cities that may compete for selection as a European base."

Xinhan Xia, Chief Executive CICC UK

Partner story

Wadhawan Global Capital: 'Conducive to growth'

Wadhawan Global Capital: 'Conducive to growth'

Partner story

Smart Pension: 'Plain and simple - the UK is massively conducive to doing business'

Smart Pension: 'Plain and simple - the UK is massively conducive to doing business'

Scale, range and expertise

The UK's financial and professional services sector has unparalleled range: from banking to insurance; asset management to green finance; professional services to fintech. The knowledge, experience, performance and talent across each of the sector’s verticals in the UK is world class, making the UK uniquely positioned to provide financial and professional services to the world.

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