ALTERNATIVE BUSINESS MODELS FOR OVERSEAS INVESTMENT

Overseas-registered companies can open a branch or liaison office, or join a partnership or a joint venture. To view these alternative overseas business models, select from the list below:

» Setting up a Branch
» Setting up a Place of Business
» Partnership
» Joint Ventures

SETTING UP A BRANCH

A principal registered overseas may wish to carry out business in the UK through a local representative by opening a branch instead of conducting the business directly from the home country or having to register a company in the UK for this purpose. The overseas principal must be established in the home country as a limited company.

Requirements and obligations
The following must be submitted to Companies House:
– A completed BR1 form. To download this form, click on Form BR1
– A certified copy of the company’s constitution and operating agreement
– A copy of the latest set of audited accounts published in the overseas country
– These documents must be in the language of the home country
– A certified translation of the documents made in the home country
– The registration fee of £20

SETTING UP A PLACE OF BUSINESS

If the business is restricted to few items such as warehousing, process of documentation or simply a representative office, the activities of the company may not warrant the setting up of a branch. To provide a contact a Place of Business may be set up instead.

The requirements and obligations for establishing a Place of Business are the same as for Setting up a Branch except the form be submitted to Companies House is Form 691. To download this form, click on Form 691

PARTNERSHIP

To view a sample partnership organisation as a base for overseas business in the UK, click on Partnership.

JOINT VENTURES

A Joint Venture is a business method used by companies to pool resources in order to acquire and share new technology and new markets. An overseas company can set up a business in the UK by joining with a British company usually in the form of a limited company or a partnership.