The UK is Europe’s No. 1 destination for foreign direct investment and, given the historical and cultural links between the UK and India, it is not surprising that Indian companies and individuals have been active in investing in the UK. Such investment ranges from setting up representative offices to acquiring some of the UK’s largest and most historic industrial concerns.
A brief overview of some key issues to think about when contemplating setting up in the UK is provided below.
An open economy
The UK has no exchange controls or currency regulations and the repatriation of income or capital back to the investor’s country of origin is unrestricted. UK Trade and Investment provides potential investors with information on how to obtain market research, financial support and so on.
Business structures
When an Indian company decides to make a move towards implantation within the UK, it will need to think about the appropriate corporate structure.
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Gautam Khurana is the managing partner at India Law Offices in New Delhi. Ian Baker is a partner at Miller Rosenfalck LLP in London. The firms are members of the Warwick Legal Network and collaborate for UK entry and other legal assistance for Indian companies.
D – 19 (GF) & D – 31, South Extension – 1
New Delhi – 110 049
Tel: +91 11 2462 2216, 2462218
Fax : +91 11 2465 4364
Email: g.khurana@indialawoffices.com
