smallbusiness.co.uk: Helping your business think big

Short-term finance

Rory Earley, CEO of Capital for Enterprise, explores the options...
Have your say »

RSS

Q: I want to start a software company with a development centre based in Thailand and sales and marketing office in UK. Is it a good idea to register as an overseas company rather than a UK one?

Dec 30 2008

Answered by: Ashley de Safrin Ask a question

If starting up abroad and you decide to register your business overseas, say in Thailand, you need to know the local rules and regulations. Unless you speak the language and understand the culture, this could be a minefield.

You might find it easier to start your business initially in the UK, where there is a great deal of help for start-up businesses. Business Link provide a free and impartial advisory service which can be accessed via the website.

My suggestion is to then talk to someone from UK Trade Invest (UKTI) who will be able to give you more detailed information about setting up a business abroad. They are the export arm of the Department of Business and Regulatory Reform (BERR).

Comments

There are currently no comments on this article

Mentoring – Now there’s a bright idea for business

Whether you're starting up, taking your business to the next level or just need a sounding board, Lloyds TSB understands that a business mentor can offer you the support and guidance you need to develop your business. Find out more today.

Barclays Business Start Up Account

Get everything you'd expect from a Barclays Business account…Free business banking for up to 2 years (Ts&Cs apply). Free day-to-day support from our Barclays Business Team by phone 24/7 and Mobile Banking, manage your account quickly and easily from a web-enabled phone. Apply online.

Fixed fee banking puts you in control

Our simple fixed fee banking means you’ll always know where you stand. It’s just one of the reasons why we’ve been named Moneyfacts Best Business Current Account provider for the 10th year running. Find out more.

Polls

Starting a business abroad Questions & Answers

Franchising

Rik Hellewell, Ovenu Ask a question

Legal Advice

John Staniforth, Partner - Kingston Smith LLP Ask a question

Entrepreneurship

Simon Mosey, Nottingham University Business School Ask a question

News

smallbusiness.co.uk: Helping your business think big

Help with be available for small businesses

Government advice scheme to help SMEs

A government scheme designed to help up to 26,000 of England’s brightest small businesses has launched.

Queen's Speech 'missed opportunity' for business

The Queen’s speech could have delivered more for enterprise, according to business commentators.

FPB: Protect small operators from supermarkets

A business group has urged the government to defend small suppliers from unfair treatment by supermarkets.

UK enters recession

The UK has entered recession following GDP contracting by 0.2 per cent in the first three months of 2012.

Caan: Cut the red tape for SMEs

The government must stop piling unnecessary rules and regulations on small businesses if the economy is to grow, says entrepreneur James Caan.

Branson most respected in business

The man behind the Virgin brand, Richard Branson, is the UK’s most admired entrepreneur, research finds.

Entrepreneurs look beyond UK shores

Nearly half of aspiring UK entrepreneurs feel they need to emigrate to achieve success, research finds.

'Dormant entrepreneurs' missing opportunities

Some 70 per cent of those with an idea for a business have not acted on it, research finds.

Cable announces SME measures

Business secretary Vince Cable has set out the practical steps that the government will be taking to help small businesses by boosting investment and cutting red tape.

Budget 2012: FSB hails Budget

The Federation of Small Businesses has welcomed Chancellor George Osborne’s Budget speech.

Business confidence increases

Small business confidence has improved despite rising overheads and problems accessing finance, according to the Federation of Small Businesses.

Guides & Tips

Starting a business in Brazil

Here we present some links to useful resources for those considering doing business in or with Brazil

Taking the business abroad can open up many new opportunities

Doing business abroad

SmallBusiness.co.uk investigates the steps to take when considering expansion into foreign markets.

5 Ways to Fast Business Growth

Business owners across the UK remain as focused as ever about achieving growth.SmallBusiness.co.uk finds out how they're doing it.

Store

FT Guide to Personal Tax

The FT Guide to Personal Tax is published by Pearson Education. Written by Sara Williams, CEO of Vitesse Media Plc and John Bloxham, this unique guide gives step-by-step advice to completing your tax return as well as over 230 tax-saving tips.

Growth Company Investor

Growth Company Investor is widely recognised as the leading magazine for investors interested in AIM and smallcap companies. Published 10 times per year, and brought to you by an award-winning analyst team, it offers subscribers unrivalled insight into high-potential smaller companies. Subscribe today with a 50% discount in your first year.

FT Guide to Business Start Up

The FT Guide to Business Start Up 2012, published by Pearson Education, is written by Sara Williams, CEO of Vitesse Media Plc. This unique guide has sold over two million copies. It offers practical advice about starting and running your own business.