Great Britain consists of England, Scotland and Wales. London is probably the most internationally-oriented business city in the world, with hundreds of international banks represented as well as a dynamic fintech sector that is fast taking over the payments business from traditional banks.
Scotland, meanwhile, has developed a reputation in recent years as a pro-Europe business friendly nation, with a highly educated, English-speaking workforce. Scotland is also known for possibility to set up Limited Partnerships that can operate free any UK taxation provided no business is carried out in the UK.
Despite the challenges of Brexit, British businesses are still welcome to participate freely in many markets in Europe and around the world. The prestige of being a British company subject to the jurisdiction of Queen Elizabeth II resounds around the world.
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