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Greenhousing expands to the United Kingdom

ZM

Zdenek Marsal

Author

April 18, 20142 min read

UKTI_Greendata The United Kingdom represents an attractive place for Czech companies to expand their business, especially for those focusing on IT and technology. A number of Czech companies have already found their second home in Britain, and although starting a company abroad is always a great unknown, all of them see this step as a move in the right direction that has brought them many positives. Companies such as Greendata, Kentico, and Brand Embassy particularly appreciate the fact that they had the opportunity to meet many new business partners and take advantage of the benefits that the country offers to foreign investors. "The British market is 3-5 years ahead of us in terms of server hosting offerings. In addition to new customers, entering Britain has brought us new experiences that we want to subsequently pass on to our Czech customers," said Zdeněk Maršál, Managing Director of Greendata. THE FULL PRESS RELEASE IS AVAILABLE HERE FOR DOWNLOAD According to the OECD, the United Kingdom is one of the best countries for doing business in the world, mainly because of how easy it is to set up a company here. Eight years ago, it also introduced a program to support promising start-ups. Companies engaged in technological innovation can benefit from various forms of tax relief in the United Kingdom, including the so-called "Patent Box" project, which provides reduced corporate tax rates on profits from the development and subsequent use of new patents down to 10%. Generous tax breaks are also provided to companies engaged in research and development or in sectors such as animation, television production, or video game development. Zuzana Nagyová, Director of UK Trade & Investment for the Czech Republic, said: "The Czech Republic is home to many promising and ambitious entrepreneurs who can benefit greatly from the investment environment in the United Kingdom. Czech companies have open doors in Britain. Our investment specialists will be happy to help them get their project off the ground, regardless of its size." More information can be found in the press release on the Greenhousing website. ed

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About the Author

ZM

Zdenek Marsal

Author

Datacenter and server housing expert.

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