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London is undoubtedly the financial capital of the world. London has seen an explosion of small businesses and company formations in the recent years. Many of the business set ups in and around Central London have benefited from its prestigious office address, access to tubes and proximity to other business centres where the majority of the people can be found.
Paying a high rent within Central London can be a factor for a new business. Having a business with in London is equally attractive. London is a dynamic business centre and the government is keen to develop the city. It is also rich in its infrastructure and talent. Its population is almost eight million residents and number is considerably increasing with an extra half a million commuters who come from areas outside London to work. No matter what skill set your company requires, there is excellent chance that London can provide the talent you need.
There is an impressive array of support you can find from Government run organizations such as Jobcentre Plus. The London Mayor’s office also provides business support including initiatives such as Business Bootcamps in London WC1 to assist budding entrepreneurs. ‘Village Capital London’ is a new scheme for new entrepreneurs in their business that is deemed to have a social value. Governments’ small loans for businesses aim to help newly formed companies in its initial stages up to £50,000. Borough Councils also have their individual schemes to give aid to new businesses. Government offers support to entrepreneurs in terms of promoting international trade, research and development, special training programmes.
Company formations in London have now become more easy through our online application process.