In December 2018 Forbes Magazine placed the UK as number 1 in its list of Best Countries for Business.  There is no doubt that the UK offers tremendous opportunities for businesses to be set up and to thrive.  However the fact that this is so well recognised means that it is also probably the most competitive country on earth for businesses.  You need to make sure that all aspects of your UK operation are run to the highest professional standards in order to succeed. The aim of this article is to give you some tips as to how to setup a company in the UK. Visa. If you do not already have the right to live and run a business here you will need a Tier 1 Entrepreneur Visa.  For this you will need to invest a minimum of £200,000 in your new business and employ yourself and take on at least two members of staff in the first two years. Business Idea. You need to start with an idea of what product or service you want to sell.  The first step is to think who might buy your product and … [Read more...]