Useful Information

Advantages of doing business and investing in the UK: 

  • easy to start up a business
  • no restrictions on foreign ownership and investments
  • clear and stable legislation
  • a reliable system of justice and enforcement of court decisions
  • political stability
  • access to local and European markets, including capital markets
  • convenient geographical location
  • the position of London as the world’s financial capital
  • widely-spoken English language

Doing Business in the UK and Ukraine (according to the World Bank’s report 2012):
Source: http://www.doingbusiness.org/reports/global-reports/doing-business-2012

 

 

UK

Ukraine

Starting a business takes 

13 days

24 days

Obtaining a construction permit takes

99 days

375 days

Propertyregistration takes

29 days

117 days

Investor’s protection index  (1-10)

8,0

4,7

Total tax rate (% of profit)

37,3%

57,1%

Paying taxes takes (hours per year)

110

657

Cost to export (per container)

USD950

USD1,865

Cost to import (per container)

USD1,045

USD2,155

Enforcing contracts(cost, % ofclaim)

24,8

41,5

Resolving insolvency takes

1,0 year

2,9 years

 

English law does not provide for registration of foreign investments. Absence of currency control means that capital can be freely put in place or withdrawn.