Insights

20 Jan 2025

Visa Rules for Skilled AI Workers

In a significant move to bolster the adoption of artificial intelligence (AI) across the country, the UK Government may relax visa regulations for highly skilled AI professionals from overseas. This initiative forms part of the newly released AI Opportunities Action Plan, which outlines a comprehensive approach to position the UK as a leading global player in the AI sector and stimulate economic growth.

20 Jan 2025

Permitted activities in focus – everything you need to know about PA7 and Permitted Paid Engagements (with examples)!

When planning a business visit to the UK, it is important to understand the rules surrounding Permitted Activities (PA) and Permitted Paid Engagements (PPE).

20 Jan 2025

Supporting Global Growth: A Successful UK Acquisition for an Overseas Manufacturer

An established manufacturer with subsidiaries across Europe, had maintained a long-standing commercial relationship with the UK distributor prior to the acquisition. This relationship formed a strong foundation for their decision to invest in a minority share of the distributor, diversifying their investment portfolio and securing a strategic foothold in the UK market. Despite acquiring a minority share, our client gained significant management rights and an option to take over the entirety of the UK business in the future, ensuring their long-term interests were safeguarded.

14 Jan 2025

Avoiding Costly Pitfalls: Director Shareholders, Dividends, and s.455 Tax Liability

Section 455 imposes a temporary corporation tax charge on directors’ loans. This tax is payable alongside the company’s corporation tax bill but can be reclaimed from HMRC once the director’s loan is fully repaid. In many cases, companies advance money to directors as director’s loan, which is later “repaid” by declaring an end-of-year dividend that is credited against the director’s loan account. While this process can work seamlessly, mistakes often arise, resulting in unintended s.455 tax liability.

8 Jan 2025

How a £416k Construction Dispute Was Resolved in Record Time—Without Going to Court

The builder claimed £986,000 for the works, while our client asserted that only £570,000 was due—a substantial difference of nearly £416,000. Neither party had sought legal advice before entering into the contract, and as a result, the lack of a formal, detailed agreement contributed to the ensuing dispute.

1 Jan 2025

Raising Capital Legal Considerations

Get in touch with our corporate lawyers in the UK and call us on 0330 107 0106 to arrange a free no-obligation call or request a free quote. Raising capital is an important step for many businesses. The two main methods are debt financing and equity financing, each with specific legal and financial implications. Understanding these options can help businesses make […]

25 Dec 2024

Intellectual Property Rights Protection

Get in touch with our corporate lawyers in the UK and call us on 0330 107 0106 to arrange a free no-obligation call or request a free quote. This episode explores intellectual property (IP) rights protection for businesses. Olexandr Kyrychenko discusses safeguarding innovations, brands, and designs. Trademarks Protect brand elements such as names, logos, slogans, or taglines. Key considerations: Trademark protection […]

23 Dec 2024

Insights on employment and immigration law for the UK sponsors

Skilled Worker Visa process requires attention to detail, strong compliance frameworks, and effective HR policies. Employers must stay informed and proactive to avoid penalties and maintain a positive reputation.

18 Dec 2024

Navigating Regulatory Compliance

Get in touch with our corporate lawyers in the UK and call us on 0330 107 0106 to arrange a free no-obligation call or request a free quote. In this episode of IMD Corporate’s Business Insights Series, Olexandr Kyrychenko, Partner at IMD Corporate, outlines general requirements that most businesses will need to consider, while emphasising the importance of tailored advice to […]

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