Question in Small Businesses & Startups

Question : Can foreigners own a business in London?

Answer from Tom Redfern, expert in Small Businesses & Startups

Yes, foreigners can own a business in the UK. If the foreigner does not have a work visa, the foreigner can still own a UK company but will probably have serious problems trying to open a UK bank account for the company. This is because the UK banks like the company to have a director who is resident in the UK.

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