It is possible to establish a similar business in UK. Generally, prior authorization is not needed for establishing a company except special regulations as Finance, Defence, and Petrol. According to UK Companies Act, there is not a minimum age limit for being the director of a company. Within the scope of Ankara Agreement, there is no minimum capital requirement for a natural or legal person resident in Turkey to establish a Company or open a Branch in UK.

There are 5 types of business for foreign investors to conduct trade activities in UK:

   ● Sole Trader

   ● Limited Liability Company

   ● Partnership

   ● Franchise

   ● Branch

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