There are many reasons why the UK is an ideal place to locate your European R&D engineering centre.
UKTI is committed to making the UK the best inward investment location in the world. They provide a world-class service to foreign owned companies considering the UK as a potential location. Their goal is to help investors to maximise their business potential using the unique assets of the UK.
“MIRA Technology Park is a key component in Britain’s engineering future. UKTI is committed to bringing innovative investment to the UK including MIRA Technology Park as a global centre of excellence.”
Chief Executive, UK Trade & Investment
It is a recognised leader in the fields of creativity and innovation, and is the sixth largest economy in the world, with a GDP of US $2,174 billion. The World Bank report ‘Doing Business 2011’ states that the UK is the best place to do business in the EU and the G8, and the UK topped the Ernst & Young European Attractiveness Survey 2011 as the most attractive destination for FDI.
The UK is the easiest place to set up and run a business in Europe (World Bank: ‘Doing Business 2011). It ranks first in Europe and fourth in the world for ease of doing business.
The UK is an internationally competitive location for tax. Advantages include one of the lowest main corporate tax rates in the EU, generous tax allowances and competitive personal rates, the most extensive network of double taxation treaties in the world and low social welfare contributions.The UK is joint first with the USA in the world for Product Market Regulation (PMR). It has the least barriers to entrepreneurship in the world and has the third fewest barriers to trade and investment in the world.
The UK is the number one gateway to Europe, giving easy access to the 27 member states of the European Union, the world’s largest single market. It offers world-class transport links - with Heathrow's new Terminal 5, and more expansion planned for international airports, sea containers and the rail network.
The UK’s labour market is one of the worlds’ most flexible. This factor combined with its strong skills base in the UK is reflected in its excellent record of attracting major foreign investors from all over the world.
The UK is one of the world’s leading locations for commercial and academic R&D and creative industries such as film and TV production and computer gaming. With world-class universities and research institutes involved in undertaking leading-edge R&D in all business sectors, many leading companies have already made considerable investments in R&D activities across the UK.
UK residents enjoy a high standard of living, education and recreation. Publicly funded health care is free to all and there is a rich cultural heritage and abundance of leisure facilities.
Companies establishing a legal entity in the UK for their research and development base may be eligible to bid for European Commission, European Regional Development Fund, Technology Strategy Board and other research funding programmes. Collaboration opportunities may well exist with MIRA and other businesses on MTP in technology areas of mutual interest.
possible. We do not collect any personal information about you through
these cookies. If you continue without
changing your cookie settings,
we will assume you are happy to receive all cookies on our web site.