he United Kingdom welcomes your business. The UK market is the fourth largest, according to the World Bank, which ranks it the fourth easiest place to do business in the world (out of 183 economies). The UK includes a robust and affluent marketplace that seeks products and services from all over the world. With a stable regulatory environment and relatively easy-to-clear barriers to entry, the UK can be a highly rewarding place to do business.
Whether you are interested in exporting your goods to the UK or forming a joint venture with a company in the UK, the following resources can help guide you to the key resources you'll need to make your endeavor a success. While most of the resources that follow are in English, some of the World Bank resources are available in French, Spanish, Portuguese and other languages.
More About Business Basics
Along with the UK's highly developed economy is a sophisticated system of monitoring and governing its imports and exports. Companies wishing to do business in the UK need to abide by a series of requirements that, while not difficult, are important to ensure smooth business practices within the country. DHL has compiled an introductory collection of these resources to help you get started in the best possible way.
The UK's Business Link web site publishes this helpful checklist of start-up basics for new businesses and businesses that are new to doing business in the UK
The Department for Business, Enterprise & Regulatory Reform (BERR) fights anti-competitive practices and promotes open markets to foster competition in the UK and the European Union. This site gives a solid overview of some of the legal requirements for doing business in the UK and throughout Europe.
The U.S. Department of Commerce prepared this report, and while it includes chapters dedicated to the sale of U.S. products and services in the United Kingdom and leading sectors for U.S. export and investment, it also addresses topics of more universal interest, such as:
- Political and economic environment
- Trade regulations and standards
- Investment climate
- Trade and project financing
- Business travel
- Contacts, market research and trade events
This portal offers a wide variety of resources on doing business in Scotland with links to various country-specific sections.
This site includes information about starting, running and partnering with businesses in Wales.
The Enterprise Directorate was created to support enterprise, start up and small business growth. Its goal is to strengthen the environment for small businesses and enable more people and communities to launch new business operations.
These easy-to-read fact sheets offer quick information on a variety of important UK business issues ranging from regulations to employees to tax requirements.
The UK has robust opportunities for marketing goods and services both to the private sector and to the government. This collection of resources will help you plan your market entry, target government procurement opportunities, locate franchise opportunities and even find partnering opportunities.
Learn about the UK market from experienced importers and exporters who share their informative stories here.
Use this collection of information and tools to learn about sales and marketing in the UK. Some of the helpful resources you'll find here include an interactive tool for identifying UK sales and marketing channels, as well as an introduction to advertising media, regulations and other important aspects of running an import or export business.
The British Chambers of Commerce maintain an informative web site that is kept current with the latest data about UK economic factors, including a quarterly economic survey.
This resource reviews the UK's business regulations, tax environment for foreign investors, finance and funding incentives, labor environment, infrastructure, and intellectual property rights.
The World Bank's "Doing Business In" project compares business procedures and economic regulations in 183 countries throughout the world. This overview provides introductory information about the UK market. Most World Bank materials are published in English, Spanish, Portuguese, French, Russian, Chinese and Arabic.
This comprehensive report includes chapters about starting or closing a business, employing workers, getting credit, protecting investors, paying taxes, enforcing contracts and trading across borders in the UK.
This World Bank chart summarizes the procedures and costs associated with setting up a business in the UK.
Need to learn more about the demographics and other statistics-based information in the UK? This web site will give you information gleaned from UK studies and census data.
This section of the HM Revenue and Customs web site gives you the trade statistics you need to get an idea of the potential of UK importing and exporting in your sector of trade.
Cultural missteps can derail even the most promising business relationships. UK culture is one steeped in protocol and propriety, although the degree varies depending on the country you're targeting. It is important to be polite and aware of cultural expectations.