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Currently, Vietnamese investors are increasingly turning to setting up companies in the UK. Is this market really potential? As a corporation specializing in providing foreign business establishment services, One IBC will reveal a lot of interesting information about this ideal investment destination in the article below.
Besides Hong Kong as in the article of One IBC: Register Trademark In Hong Kong, Easy Or Hard? The UK is also attractive to Vietnamese businesses because it is the sixth largest economy in the world and has the largest global financial center in London (according to the GFCI Global Financial Center). This key point makes the UK an extremely important financial center for investors. Furthermore, the London Stock Exchange has a market capitalization of over $6 trillion with over 3,000 companies from over 60 countries listed on the exchange, including many from China and the Americas. , Europe, Asia.
The UK has been attracting a large number of the world's leading businesses
The biggest benefit of doing business in the UK is the ease of doing business. According to the World Bank, England is one of the countries with the highest favorable business scores, with huge potential for growth: from manufacturing, import and export to information technology. The Organization for Economic Co-operation and Development (OECD) also stated that the UK ranks second in the world in product market regulation after Australia, and has the fewest barriers to startups.
Possessing many of the same advantages as Hong Kong (see also Hong Kong - the ideal place for Vietnamese to create an e-commerce business), the UK is only ranked second after the US in the ranking of the most innovative countries in the world. This economy is always in a strong competitive position in derivatives, foreign exchange, currency, insurance, credit markets...with advanced infrastructure, high-quality information technology, stable policies, highly qualified workforce and excellent healthcare are 10 points for the UK.
Conveniently located between Asia and North America, right in the heart of Europe with GDP in 2021 expected to reach 3 trillion USD, the UK is always an ideal investment location for Vietnamese businesses looking for international market expansion. Mr. Vu Dai Duong - Deputy Director of One IBC Vietnam, said: “The UK business environment is constantly improving towards the benefit of long term businesses, on an equal basis for businesses of all national and international economic sectors.”
If you want to know more about investing in the UK, you can send us questions to answer specifically, such as Answering questions about opening a company in Hong Kong. However, it is easy to see that more and more Vietnamese companies and corporations are expanding their business activities and setting up their headquarters in the UK to enjoy many advantages, such as: Business names are copyrighted and protected which means your competitors cannot transact under a registered business name or use a similar name in the same line of business. Not to mention, when you are setting up companies in the UK, you will create a more professional and reputable image, help the company build customers' trust in products or services as well as bring many opportunities and other attractive cooperation.
More and more investors are looking to One IBC for setting up companies in the UK
In addition, Vietnamese investors when setting up companies in the UK also enjoy many commercial advantages, through bilateral cooperation agreements and a variety of financial and corporate services, helping to enhance the brand’s position. Owning a company in the UK is also a guarantee of prestige and potential, helping to make the image of the business perfect in front of partners and customers. Many investors who cooperate with One IBC have confirmed with One IBC that the establish a company in UK has made it easier to export goods and services, bringing huge growth in both scale and profit.
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