Businesses Looking to Expand in Europe Choose London as First Destination

London continues to be a word leading business destination for international companies wishing to set up or expand their business. Last year, a Deloitte study revealed 60% of non-European companies chose London as the base for their headquarters, and 40% of the globe’s biggest companies chose London for their European headquarters over anywhere else on the continent. 121CompanyFormation.co.uk, a specialist business registration service, is helping entrepreneurs and start-ups establish businesses in the capital as it continues to attract foreign investment.

The figures from the Deloitte study follow on from IBM’s 2010 Global Location Trend report, which identified London as the top ranking business city destination for a number of global investment projects.

London’s dominance of the global business market can be attributed to its access to finance, its entrance to different markets and customers, a world renowned top talent pool and a reduction of operating risks. Whether a business is expanding into the European market or would like to build it from the ground up in the capital, one of the leading online company formation agents, 121 Company Formation, can guide them through the simple process.

Nwora Eze, Managing Director or 121 Company Formation, said, “It is no surprise that London has been revealed as one of the world leading business destinations. The UK is an international business hub, with easy access into European markets but also close connections with the US and other areas, especially through ecommerce. Forming a company online is a lot easier – and cheaper – than many people think. With 121, in under five hours, you can be trading as a UK company.”

Overseas companies can choose from a range of company formation options. The bronze package will successfully and legally set up the company with Companies House, and the business will receive all electronic company documents and a fast track introduction to business banking services from Barclays Bank. A printed certificate of incorporation and a printed share certificate is available for an extra cost.

Nwora added, “We are here to help overseas companies start trading in the UK quickly and efficiently. We know it’s difficult to start from scratch, which is why we also offer free business banking with our partner Barclays Bank as part of our service.”

To find out more about 121 Company Formation visit the website at: http://www.121companyformation.co.uk/