Last Updated on: 30th August 2024, 09:30 am
With new company registrations hitting 900,000, corporate services providers like Jestiyon are becoming increasingly important in driving innovation and nurturing entrepreneurial talent, which are vital for the future of the UK economy. Jestiyon offers advanced services to streamline operations for international entrepreneurs entering the UK market.
The UK’s business landscape is thriving, with a record-breaking 5.31 million active companies and 900,000 new businesses established in 2023 alone. This surge in start-ups has led to a heightened demand for comprehensive business support services. Jestiyon, a leading provider of corporate services, is at the forefront of this movement, offering a suite of solutions tailored to the needs of international entrepreneurs navigating the UK market.
Jestiyon’s services, which include company formation, accounting, and e-commerce consultancy, are designed to facilitate a smooth market entry and ensure ongoing compliance with UK regulations. These services are particularly crucial for foreign entrepreneurs who may find the UK’s legal and regulatory landscape complex.
Through these essential services, Jestiyon not only supports business operations but also contributes significantly to the UK economy through job creation, tax revenue, and increased business activity.
Positive economic impact and future growth
A recent report from NatWest and Beauhurst highlights the dynamic nature of the UK’s business environment, underscoring the critical role that corporate support services play in sustaining this growth. Jestiyon’s innovative platform simplifies the process of starting and running a business in the UK, ensuring that international entrepreneurs can focus on growth rather than administrative hurdles.
The services provided by companies like Jestiyon are vital to the UK’s economic fabric. New Businesses established with the help of these services provided by Jestiyon contribute an estimated £800,000 in tax revenues annually, a figure poised to grow as more entrepreneurs take advantage of these offerings. Moreover, the sector not only directly creates jobs within service firms but also indirectly supports employment in the start-ups it helps to establish.
Facilitator for the establishment of over 1000 businesses
Jestiyon exemplifies the growth potential within this sector. To date, the company has facilitated the establishment of over 1000 nearly 400 businesses in the UK, integrating innovative features such as online document management and e-commerce integration to enhance client success rates. Ardıç Dağ, Co-Founder of Jestiyon, plans to expand operations further by establishing a dedicated UK centre, offering direct counselling and support to clients, thereby driving even greater economic contributions.
“Our mission at Jestiyon is to simplify the journey for international entrepreneurs entering the UK market. By providing an integrated platform that addresses everything from company establishment to compliance and e-commerce consultancy, we empower businesses to focus on innovation and growth. While we take care of the paperwork, entrepreneurs can dedicate their time and energy to growing their businesses and contributing positively to their communities,” he commented.
Top destination for global business start-ups
“The UK government’s ongoing initiatives to support small and medium-sized enterprises (SMEs) and start-ups will further bolster this sector, ensuring that the UK remains a top destination for global business start-ups.
The future of corporate support services in the UK looks bright. As global markets become increasingly interconnected, the demand for integrated digital solutions, like those offered by Jestiyon, is expected to rise,” he added.