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