Opening an Office in Canary Wharf

Opening an Office in Canary WharfWhen opening a new branch of your business in the UK you should be aware of all the legal requirements involved. You will need to register you business with Companies House, pay VAT, import and export duty, apply for the correct business licences and keep up to date accounts. You should also consider opening a business bank account and take the time to find suitable office premises.

Since it was first developed in the 1990s, Canary Wharf has been considered one of the world's financial powerhouses. The area employs almost 100,000 people who mostly work in sectors like banking, finance, media, and real estate. The most notable employers include Citigroup, KPMG, Barclays Bank, Morgan Stanley, Credit Suisse, JP Morgan, and HSBC. Because of the large number of commuters it attracts, Canary Wharf is well served by public transport, with several underground and railway links, as well as river services. Sunderland University has a campus in Canary Wharf.

London's reputation as one of the world's leading business locations makes it the ideal place to expand your operations and to open your first office in Canary Wharf.

Financial services providers offer money management services and include banks and investment companies.

A tax accountant will assist in completing your tax returns, keep up to date tax records and avoid paying penalties.

There are a wide range of insurance providers in London who will be able to provide the suitable level of insurance for your business needs.

Businesses are advised to thoroughly research UK import and export laws, legislation and customs tariffs.