The Impact of Brexit on UK Company Formation for Non-Residents
Video overview
Explore the effects of Brexit on UK company formation for non-residents in this insightful video. We delve into the regulatory changes that have occurred since Brexit and what they mean for global entrepreneurs.
Key Takeaways:
- The impact of the loss of EU establishment rights and what it means for EU citizens.
- Positive UK company formation trends, even post-Brexit, with a notable rise in non-resident company directors.
- Competitive corporate tax rates in the UK compared to other countries.
For a comprehensive analysis backed by data, watch now and discover why the UK remains an attractive business destination.
https://www.cgincorporations.com/blog/the-impact-of-brexit-on-uk-company-formation-for-non-residents/
#Brexit #CompanyFormation #Entrepreneurship
Video details
| Video title | The Impact of Brexit on UK Company Formation for Non-Residents |
|---|---|
| Published | 07 November 2025 |
| Duration | 2m 16s |
Video transcript
The Impact of Brexit on UK Company Formation for Non-Residents The United Kingdom has long been a preferred destination for global entrepreneurs. With Brexit introducing regulatory shifts, many non-residents have asked: Is the UK still a good place to start a company? The short answer is: yes. This article provides a comprehensive, legally compliant, and data-backed analysis of how Brexit has influenced UK company formation for non-residents. Despite the changes, the UK remains one of the most trusted, tax-efficient, and globally connected business environments. Key Changes in UK Company Formation Post-Brexit One significant change is the loss of EU establishment rights.
Pre-Brexit, EU citizens had automatic rights to establish businesses under EU law. Now, they are treated like any other non-resident, requiring import/export declarations and separate VAT registration and compliance. However, UK company formation trends remain positive. From 2018 to 2023, the total number of new companies formed continues to rise, with an estimated 12.6% of new formations in 2024 involving non-resident directors. Corporate Tax Comparisons The UK's corporate tax rate remains competitive. For 2025, businesses with profits below £50,000 will pay 19%, while those above £250,000 will see a 25% rate. Comparatively, Ireland's rate is 12.5%, and many other
countries have higher tax rates. FAQ: UK Company Formation After Brexit Non-UK residents can still form and own UK companies under the Companies Act 2006. For those not planning to live and work in the UK, no visa is required. Despite Brexit, the UK's competitive tax structure, high VAT threshold, and ease of doing business rankings make it an attractive location for non-resident entrepreneurs. Learn more, visit: www.cgincorporations.com