theartofbeingaloclworldwide international management and business administration
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THE ART OF BEING ALOC L WORLDWIDE
International Management and Business Administration
International Management and Business Administration
Antony Hawker
Antony Hawker is the Chief Executive of InterGest United Kingdom Limited.
He has been working with foreign companies in the UK since the early 1980’s.
He has a long and successful track record of bringing foreign companies to do business in the UK.
InterGest United Kingdom
International Management and Business Administration
Antony Hawker
InterGest United Kingdom
Located in modern style offices in Purley.
We employ 35 staff who are all highly trained with a wide range of specialist skills.
We use modern, streamlined technology to maximise our efficiency and reduce costs.
International Management and Business Administration
Antony Hawker
Concentration on core business. Everyone should concentrate on what they do best!
Outsourcing with competent partners. Reduces the process costs and increases efficiency.
Converting overheads into variable costs. Creates more flexibility and independence.
Provide a ‘one-stop’ business outsourcing solution. Providing local expertise for global players.
InterGest‘s Basic Concept
International Management and Business Administration
Antony Hawker
What does InterGest do?
Debtor control and collection of customer accounts.
Creditor ledger management including payments.
Payroll and associated tax returns.
Management accounts.
Value Added Tax including Intrastat.
Cash management and operation of bank accounts.
Corporate and personal taxation.
Statutory accounts production.
Employment law and HR administration.
Company law and general legal matters.
International Management and Business Administration
Antony Hawker
The British Isles
Scotland
England
Northern Ireland
Ireland
Wales
Guernsey
Jersey
Isle of Man
International Management and Business Administration
Antony Hawker
UK Law
UK law operates under a common law system, rather than the civil system preferred in continental Europe.
UK courts look at past cases when reaching verdicts; their decisions are heavily influenced by Case Law.
These regions have different Company Registrars:Cardiff (England and Wales)Edinburgh (Scotland)Belfast (Northern Ireland)
Different laws apply to different regions of the United Kingdom.
International Management and Business Administration
Antony Hawker
UK Law
The Isle of Man, Jersey, Guernsey, Alderney and Sark all have separate Judicial Systems.
The Isle of Man is within the United Kingdom for VAT purposes.
The Channel Islands are NOT part of the European Union and as such are not part of the VAT system.
International Management and Business Administration
Antony Hawker
Financial Information for the UK in 2012
Currency - Pound Sterling (GBP)
Population: 63 Million (December 2011)
Inflation (RPI): 2.8% (June 2012)
Inflation (CPI): 2.4% (June 2012)
Unemployment Rate: 8.1% (May 2012)
Wage Growth: 1.8% (April 2012)
GDP Growth Rate: - 0.7% (July 2012)
Bank Base Rate: 0.5% (July 2012)
Euro Land Rate: 0.75% (July 2012)
International Management and Business Administration
Antony Hawker
Structuring your business - the options
Limited Company3
Direct1
Branch2
International Management and Business Administration
Antony Hawker
Branch
Registration of the overseas trading entity in the UK.
Pay tax at full rates – 24%.
Constitution documents have to be filed in English.
In a commercial context, this structure is often perceived as not fully committed to the UK market.
Overseas accounts have to be filed every 12 months, also in English.Become public documents.
International Management and Business Administration
Antony Hawker
Limited Company
Provides a separate legal entity
Can shelter a parent company from third party liabilities
Need to file annual accounts
Minimum one director – does not need to be UK resident
Minimum one shareholder
Minimum share capital of one penny
Process is quick and simple
Can qualify for lower tax rates depending on group size and profits
International Management and Business Administration
Antony Hawker
Company Tax Rates
The profit thresholds are divided by the number of companies in the worldwide group.
Small Company Rate, profits < £300,000 20%
Intermediate Rate, profits £300,001 < £1.5m 25%
Full Rate, profits > £1.5m 24%
International Management and Business Administration
Antony Hawker
Who are our Clients?
Predominantly small and medium-sized enterprises in the consumer and capital goods sectors.
Subsidiaries of large Multinational organisations.
Service companies operating in all sectors of the economy.
International Management and Business Administration
Antony Hawker
Some of our clients…
International Management and Business Administration
Antony Hawker
InterGest United KingdomPalmerston House814 Brighton RoadPurleySurreyCR8 2BR
Phone :+ 44 (0)20 8655 8450Fax: + 44 (0)20 8655 8501
Contact Information