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UK Government should provide incentives to foreign startups and small companies.

Submitted on Thursday 29th December 2016

Published on Thursday 5th January 2017

Current status: Closed

Closed: Tuesday 2nd May 2017

Signatures: 8

Tagged with

Economy ~ Law ~ Tax ~ UK ~ UK economy

Petition Action

UK Government should provide incentives to foreign startups and small companies.

Petition Details

All foreign companies contributes a lot UK economy, employment by paying taxes and creating jobs. Government has to amend Foreign Direct Investment policy to increase investments .This can be interest free loans or discount in VAT or Taxes.Recognise them as 'MAKE IN UK' companies.

Additional Information

Due to Brexit effect all foreign companies are in big ambiguity whether to stay in UK or NOT.Especially startup companies,budding entrepreneurs and small scale companies are mostly effected.Fear of upcoming changes in trading law may discourage their plans and ventures in UK. It’s going to effect largely to the future UK economy and the growth. UK Government should encourage them.


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