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’. Find out more about the regulatory sandbox 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. London as a Centre for Management of Financial Risks The UK is uniquely placed to find solutions to, and manage, global financial risks, with its access to sector experts and willingness to think outside the box. Download the report 40% of global corporates see London as the most preferred seat for international arbitration 31% of cases issued in the UK Commercial Court involved at least one party from outside the UK 88% of international cases issued in the UK Commercial Court in 2020 involved only international parties 4 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% 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 Partner story Hunit: 'In terms of access to capital for the growth of the company and to customers, the UK is hard to beat' Hunit: 'In terms of access to capital for the growth of the company and to customers, the UK is hard to beat' 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' Partner Story Nakhoda: 'London gives you access to talent in a way that very few other cities do' Nakhoda: 'London gives you access to talent in a way that very few other cities do' See more case studies "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 1 2 3 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. Read more Accounting Asset Management Banking & Capital Markets Cybersecurity Equity financing Fintech Infrastructure Financing Insurance Legal Management consultancy Sustainable finance Wealth Management Need more information? The City of London Corporation London & Partners Great Campaign TheCityUK Innovate Finance Association for Foreign Banks Association of British Insurers The Investment Association AFME UK Finance