Business in the UK
Businesses around the world find the UK as a lucrative destination to expand and establish their global presence. Many foreign investors feel encouraged to set up their businesses in the UK because of the country’s advantageous foreign investment policies. Combined with low corporate tax rates and flexible employment laws, UK is sought as a highly competitive market for businesses.
For business immigration purposes, the UK also offers Representative of an Overseas Business visa scheme, which makes it easier for businesses to establish their presence in the UK. The scheme is especially useful for businesses outside of the European Economic Area (EEA) region as it allows them to send representatives to the UK.
Indefinite Leave to Remain (ILR) in the UK is an immigration status that grants an individual the right to live and work in the country without any time restrictions. ILR is also known as settlement or permanent residency. It allows individuals to stay in the UK for an indefinite period and provides them with a wide range of benefits, such as access to public funds, healthcare, and education.
Incorporating a Legal Entity
The first step is to plan and consider the structure of your business. You can decide to establish a UK business as a branch if you want it to be an extension of your overseas company. The other option is to incorporate a UK registered subsidiary company. The ultimate decision will depend on a number of circumstances.
Opening a branch will help you retain direct liability of your parent company whereas, with subsidiary, the limited liability remains at the subsidiary level itself. Both of these structures don’t need any UK directors and cost the same amount to establish in the UK.
In the UK, a spouse visa, also referred to as a partner visa, is a specific type of visa designed to enable individuals to reunite with their spouse or partner who is either a British citizen or a settled person in the UK. This particular visa category is categorized under the Family route within the UK immigration system.