Pixel

Overseas Medical Technology Companies

Gary Green
Gary Green
May 2, 2019

As Chartered Accountants in London, we help many business with the accounting. Today we're going to tell you about one of our clients.

Overseas clients often look for Chartered Accountants in London to headquarter in the UK or set up subsidiaries.

Overseas Medical Technology Companies

As a member of the Department of International Trade’s professional members, we have been referred to many overseas medical tech companies from countries such as Portugal, Spain, Germany, Australia, USA, and Ireland.

These companies are very exciting. They deal in:

  • skin healing creams,
  • artificial limb product development
  • spine assessment
  • bespoke product development
  • cancer, and other illness detection and treatments.

We are very proud to be a part of the chain in this endeavor.

How We Helped

We have helped them to headquarter mostly, but also sometimes to get a UK subsidiary. This involves navigating the local and UK tax and legal implications in doing so. Most of the time moving to the UK is motivated by UK government grants obtainable through university medical departments and also to offer the HQ shares to UK taxpayers to claim SEIS and EIS tax relief on.

Since the owners and investors are overseas at least partially then our preferred online bookkeeping systems sit well with providing access to their own data and importantly audit trails of our work. We also give training to the business owners so they can navigate their own data in the system when required.

The other standard services we provide include payroll, VAT, personal tax setup and ongoing compliance services. If the business owner has international income then we can also advise on residence and domicile tax issues in moving to the UK.

And if you'd like to work with an expert team of Chartered Accountants in London, get in touch.

Interested in our services?
Fill in your details and a member of our experienced team will be in touch shortly to discuss your needs.
We adhere to strict GDPR rules and do not reveal or sell your data to any third-parties. For more, please read our Privacy Policy.
Latest Insights
May 26, 2021
The Most Common Tax Breaks for Small Businesses in the UK

A significant number of small businesses in the UK do not take full advantage of HMRC-approved...

May 24, 2021
The Complete Small Business Checklist for Hiring Your First Employee

There are a multitude of rules and regulations that you must be aware of when you...

May 21, 2021
Dealing With a Deceased Person's Estate - With or Without a Will

Everything you need to consider when dealing with a deceased person's estate and paying the relevant...

May 19, 2021
All You Need To Know About Workplace Pensions

A workplace pension is a pension scheme offered to employees by employers. Some workplace pensions are...

May 17, 2021
Tax Rates, Thresholds & Allowances for Employers in 2020-21/2021-22

All the tax rates, thresholds and allowances set by HMRC that employers should be aware of...

May 14, 2021
How to Fill Out a PAYE Settlement Agreement (PSA) Form: P626 & PSA1

A PAYE Settlement Agreement (PSA) allows employers to make one annual submission and payment to cover...

May 13, 2021
How Easy Is It to Get Funding as a Startup in the UK?

Financing a new startup business is one of the most crucial aspects of helping a new...

May 12, 2021
Benefit in Kind (BIK) Tax Rates: Calculating Tax on Employee Company Cars

The tax benefits of driving a company car have been steadily reduced over many years. Most...

May 11, 2021
The Essential Guide to Tax Relief Rates on Pension Contributions

You can claim tax relief for your private pension contributions worth up to 100% of your...

View Our latest insights »
Get the latest UK tax & business news and guidance delivered straight to your inbox
We care about the protection of your data. No spam. Unsubscribe anytime.
Copyright © 2021 Key Business Consultants LLP. Reg: E&W OC389322
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram