London - Capital quintessence of Europe For overseas companies looking to establish a European base of operations, to decide on the best location must be one of the first considerations. Europe is home to many business centers worldwide fame. Frankfurt, Brussels, Barcelona, Munich, Amsterdam, the list is long. However, when it is the place to do business and at the same time enjoy a safe, output and even glamorous lifestyle, one city stands out head and shoulders above rest.
Why London?
European Portal
Served by three major airports: Heathrow, Gatwick and Stansted, there are flights to all major countries, but more importantly, most destinations in Western Europe are less than two hours drive, while Brussels and Paris can also be achieved in the same amount of time by the excellent service Eurostar.
Economic Growth
London Mayor's economic strategy document states that the next 10-15 years it is estimated that between 1400 and 3200 firms from China, Taiwan, South Korea and India could consider transferring to the Europe.
Although these figures are amazing, it is hardly surprising that companies are tempted to move to London despite the recent recession, it still manages an annual £ 52000000000 foreign direct investment, £ 22 billion tourism and £ 1.5 billion of its 93,000 students.
A city that can sustain that kind of income in one of the worst recessions ever known is certainly something special, and deserves serious consideration as a business base, especially among Latin American societies American looking to establish a successful and profitable European presence coupled with a safe, enjoyable lifestyle and satisfactory for their families and their employees.
Assisted Start
In 2009, cost of living survey by the Economist Intelligence Unit (EIU), found that for the first time since 2002, it is now cheaper to live in London than in New York. Encouraged by this, and in order to attract foreign companies to locate in the capital, the mayor of London was incubator "A" service. In collaboration with a leading provider of service bureau, new businesses can now benefit from a maximum space of twelve months free office and related facilities to the massive support throughout the process of establishing an operation in London.
UK Tax
The tax system of the United Kingdom is very favorable, with corporate taxes today against 30% to 28%. The highest rate of tax on income is 40% and VAT at 17.5%. In addition, as there are fewer restrictions on the ownership and conduct of international affairs than any other European country, the newcomers will benefit from much faster startup times.
Integration
Families will also find opportunities to explore and enjoy all that London has to offer as they settle into their new lives, and those who speak little or no knowledge of English, there are Classes available throughout the city that specialize in teaching English to foreign visitors. Continuous education of their children is of course a main priority for most parents, and London is certainly no shortage of schools for all ages, including international schools and colleges.
Entertainment and Lifestyle - It's not all work and no play!
From a stylistic point of view of life, London is a city that can be frenetic, one minute calm the next. It's a city that is vibrant, dynamic, cosmopolitan, multicultural and hip, and packed with iconic images of Big Ben and the London red buses to Nelson's Column and the Tower of London Beefeaters: there never a shortage of things to see and do.
Arts
Absolutely full of history, London is also ho.
Posted on May 14, 2010.