İNGİLTERE DE ŞİRKET KURMAK İÇİN EN İYİ SEKTÖRLER

THE BEST SECTORS TO SET UP A COMPANY IN THE UK

Main Points:

• The UK offers a variety of opportunities for innovative entrepreneurs.
• Real estate, healthcare and biotechnology, e-commerce, informatics and cyber security, education technologies, green energy and sustainability sectors are among the sectors that offer good job opportunities in the UK.
• To establish a company in the UK, you need to follow certain steps. It is important to follow the legislation.

Real Estate Sector

England has a high-level real estate sector and the potential to establish companies in this sector is quite high. With its high population density, business volume and government incentives, the real estate sector plays an important role in the UK economy.

The value of the property market in the UK reaches approximately £1.5 trillion, and this figure shows that the sector is growing. London, one of the leading cities of England, stands out as one of the most popular investment destinations due to high demand. However, other cities also offer great real estate potential.

The UK property market offers a variety of business opportunities ranging from high rental returns and share investments. Additionally, investors in this sector can also benefit from various tax advantages offered by the state.

1. Government incentives

The UK government offers many incentives for the real estate sector. Those who want to establish a company in the UK can receive some tax deductions and support from the government to operate in the real estate sector. For example, companies can obtain a certain exemption amount from rental income when they purchase investment properties.

2. Mortgage Market

The mortgage market in the UK is an important source of financing for those who want to do business in the real estate sector. Lending activities in the UK are carried out under strict government control and regulation. For this reason, the mortgage market in the UK stands out as a safe investment tool, especially for foreign investors.

3. Residential vs. Commercial

The real estate industry in the UK is divided into residential and commercial properties. The housing sector is very popular due to high demand and is one of the most preferred categories in real estate investment. On the other hand, the growth potential of the commercial sector is also quite high, and especially offices, mansions, shops and hotels have seen high demand recently.

The real estate sector in the UK indicates high return potential and long-term profitability for investors. There is a serious potential for those who want to benefit from business opportunities in this sector by establishing a company in the UK.

Health and Biotechnology Sector

The UK is a leader in healthcare and biotechnology. Research and investments in this field have made the country a global health center. There are many world-renowned research centers, hospitals and laboratories in the country.

In the UK, the size of the biotechnology market is estimated at approximately £25 billion. It also ranks quite well in terms of performance.

Alongside biotechnology and the healthcare sector, medical devices and diagnostic tests are also important to the UK economy. Companies working in this field are known for the quality and innovation of the products they produce.

1. Business Opportunities

To establish a company in the healthcare and biotechnology sector in the UK, you first need to know the legal and financial regulations regarding the establishment process. You should also evaluate existing players and potential competitors in the industry.

There are several options available for investing, such as:

• Government incentives
• Investment funds
• Commercial loans

As a company owner, you need to sell your products to the relevant market at home and abroad. The advantage of being among the UK's healthcare and biotechnology sectors is that it provides easier market access compared to similar companies in Europe.

2. Important Companies in the UK

AstraZeneca is a UK-based pharmaceutical company and operates worldwide. The company carries out studies in many areas such as oncology, cardiovascular diseases and respiratory diseases.

GlaxoSmithKline is a global pharmaceutical company and is also a vaccine manufacturer. The company develops vaccines for various diseases such as HIV, hepatitis and cancer.

E-Commerce Sector

E-commerce has been growing rapidly around the world in recent years, and the situation is no different in the UK. The e-commerce sector is an ideal sector to start your own business, and the UK is an attractive market for entrepreneurs with the advantages it offers in this field.

Depending on the type of your e-commerce business, you may be able to sell to customers in the UK as well as many international markets. In addition, the e-commerce infrastructure in the UK is highly developed and the British have adopted online shopping.

Another advantage for starting an e-commerce company in the UK is the ease of doing business in the country. Investors can register their companies and deposit their capital in British banks in just a few steps.

The e-commerce industry may be ideal for you. The UK government is adopting an investor-friendly approach by offering incentive programs for post-Brexit businesses to come to the country and do international business.

Information and Cyber Security Sector

The UK has a history of innovation in technology, and the IT and cybersecurity sector is also following this trend. The UK has a significant reputation for security and defense, offering a wide customer base for your company.

However, similar to other industries, it is recommended that you have a good understanding of the UK market before entering the IT and cyber security industry. It is important to be knowledgeable about the local regulations, tax laws and industry standards you must comply with when doing business.

In the IT and cyber security sector before you take the steps to start a company in the UK you need to have a business plan. A business plan that brings together your business style, target audience, budget, marketing strategy and all other key elements is important for your company to be successful.

IT and Cyber Security Industry Statistics in the UK

The table above shows general statistics about the IT and cybersecurity industry in the UK. These data show how valuable establishing a company in the UK can be in this sector.

The IT and cybersecurity sector in the UK is home to many large and small companies providing cybersecurity and defense solutions, as well as senior security experts, certification trainers and other technology professionals.

The UK is a world leader in cybersecurity education and research. You are in an ideal position to equip your company with these technologies, as well as experts working in these fields.

Therefore, establishing a company in the IT and cyber security sector in the UK is an excellent opportunity for you to closely follow new developments in this sector, even if you get a job.

Educational Technologies Sector

For entrepreneurs who want to establish a company in the UK, the education technologies sector is a very profitable and fast-growing sector. It is a globally accepted fact that England is one of the countries that provide high quality education services. The education technologies sector offers a huge market potential when combined with this quality education system.

It operates in educational technologies, learning content design, distance learning, teaching materials, measurement and evaluation, student services and many other areas. Companies operating in the sector offer products and services that will make students' learning processes more efficient and enjoyable.

There are many opportunities to do business in the education technologies sector. The fact that materials and teaching technologies that will make learning processes more enjoyable are in demand all over the world offers opportunities to entrepreneurs who want to establish a company in this field in the UK.

The education technologies sector is also closely related to universities operating in England, private educational institutions and the ministry of education. For this reason, entrepreneurs who want to operate in the sector can develop new projects and products by collaborating with universities and government institutions. In addition, the wide investment network in the UK increases the interest in the sector.

Green Energy and Sustainability Sector

Although England is one of the countries with the highest emissions in the world, it has taken important steps in the transition to green energy in recent years. The country has begun to be among the leading countries in sustainability by investing in clean energy resources such as wind, solar, hydroelectricity and biomass.

This increases the potential for establishing companies in the UK in the green energy and sustainability sector. Companies operating in this sector can both generate financial profits and contribute to the environment and human health.

The UK is a country where more than 40% of its energy resources come from renewable sources. This increases job opportunities in the green energy sector.

In particular, the wind energy sector is quite developed in the UK. As of 2020, the country accounts for 50% of wind energy installations worldwide. This potential offers a great opportunity to entrepreneurs who want to establish a company in the wind energy sector in the UK.

The Process of Establishing a Company in England

Establishing a company in the UK is quite simple. The British government's "Gov.uk" website contains essential details for business owners.

Companies operating in the field of green energy and sustainability can also benefit from incentives offered by the UK government and local authorities. Starting an environmentally friendly business can provide advantages when setting up a company in the

The green energy and sustainability sector is one of the fastest growing sectors in the UK. Although the wind energy sector continues to lead, there are also job opportunities in the solar energy, biomass and hydropower sectors.

"Operating in the green energy sector is a lucrative business opportunity in every aspect. Sustainability teaches us to do business without harming both the environment and people."

 Conclusion

In this article, we have discussed the best sectors and business opportunities for starting a company in the UK. We have seen that there is a market offering business potential and advantages for UK entrepreneurs across a range of sectors. Those who want to establish a company in the UK are advised to focus on the sector they have chosen and thoroughly examine the business conditions.

The British economy is the second largest in Europe and is also successful in terms of ease of doing business. Corporation Tax rates are competitive and low, and the UK government offers a range of incentive packages to support small business growth.

There are great opportunities in the UK in the real estate, healthcare and biotechnology, e-commerce, IT and cyber security, education technologies, green energy and sustainability sectors mentioned above. Whatever your chosen sector, there is potential to grow your business by setting up a company in the UK.

For those who want to establish a company in the UK, we recommend that you thoroughly examine the business conditions and seek professional help. If you have identified an industry related to your work, you should learn the rules and legal requirements in the industry. Starting a successful business in the UK requires planning and research, but if you choose the right sector, your business can grow and there may be opportunities in the country, especially as it exits the EU.

Determine the Best Sectors to Establish a Company in the UK with Ifasturk and Choose the One Suitable for Business

For entrepreneurs who want to establish a company in the UK, it is of great importance to determine the sector that best suits their business goals and choose the one that is suitable for the business. As Ifasturk, which helps you successfully establish and manage your business in the UK, we provide you with support in business formation, financial consultancy, tax services and more. You can apply to us to realize your business goals in the UK.

Mesut SENEL | Ifasturk CEO

Independent Accountant Financial Advisor