England is the main country of the United Kingdom (including also Scotland, Northern Ireland and Wales). It is an island located west of the European continent, bordering on Scotland to the north, Wales in the west, and the English Channel to the south – separating between England and the French coasts. The country also has over 100 small islands close to its various shores. In the distant past England was still connected to the European land mass by a land bridge, but in time separated and migrated westward with the rising sea level. The name originally stems from the Angles - a Germanic tribe that settled in the area in the 5th and 6th centuries, and the official language is of course English. Population is currently estimated at 53 million, and that of the UK 80 million. It is a sovereign state within the British constitutional monarchy, the official head of state is Queen Elizabeth II and its actual political leader is the prime minister.
England is one of the central and most powerful countries in the world, and particularly in Europe. It is not a full member of the European Union and has cautiously chosen to keep its local currency – the pound sterling (GBP). Along with Wall Street in New York and Hong Kong to the Far East, the English capital, London, is one of the world’s central financial centers. Establishing a company there is an attractive opportunity, not only because England is a global financial center, but also thanks to the enormous range of advantages for registering companies.For Viewing England in Google Maps - Click Here
England has one of the biggest economies in the world, although it has undergone dramatic upheavals in the shift of recent decades from a production-based economy to ever-increasing reliance on the financial sector. The local currency it still the pound sterling (GBP), one of the globes strongest currencies. GDP is estimated at 2.7 trillion USD and per capita income at 50,000 USD. From an economy that previously maintained a delicate balance between the public sector and between work unions and employers, the English and British economy has transformed into an incredibly diverse free market. Excluding the financial sector, which is the most significant in terms of national revenues, England still maintains a developed manufacturing sector, as well as an extensive services sector, and it relies on high local consumption rates. Tourism is also an important revenue source, and local agriculture provides 60% of national consumption needs, employing on 2% of the labor force.
The financial sector is based primarily within London, and in some respects the English economy can be divided into two categories – the first including London and regions to the south of the city, and the second includes areas north of the state capital. Tax policies are relatively convenient and competitive in relation to other European countries, including corporate taxes and individual taxation. The country is a member of the EU but not part of the euro zone.
Our representative will contact you shortly.
For further information please contact us: