Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Economy

UK Start-up Boom: Nearly 1 Million New Companies in 2023

by
August 30, 2024
in Economy, Investing
0
UK Start-up Boom: Nearly 1 Million New Companies in 2023
0
SHARES
6
VIEWS
Share on FacebookShare on Twitter

Last Updated on:

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.

ShareTweetPin

Related Posts

Barrick’s Plan to Sell Hemlo Mine for US$1.09 Billion Marks Canadian Exit
Investing

Barrick’s Plan to Sell Hemlo Mine for US$1.09 Billion Marks Canadian Exit

September 15, 2025
Prismo Metals Identifies Porphyry Style Mineralization at Silver King
Investing

Prismo Metals Identifies Porphyry Style Mineralization at Silver King

September 15, 2025
Editor’s Picks: Gold Knocks Out Inflation-Adjusted High, Silver Breaks US$42
Investing

Editor’s Picks: Gold Knocks Out Inflation-Adjusted High, Silver Breaks US$42

September 13, 2025
Top 5 Canadian Mining Stocks This Week: Guardian Exploration Gains 94 Percent
Investing

Top 5 Canadian Mining Stocks This Week: Guardian Exploration Gains 94 Percent

September 13, 2025
Canada’s First Set of Nation-Building Projects Paves Way for Mining, Energy Operations
Investing

Canada’s First Set of Nation-Building Projects Paves Way for Mining, Energy Operations

September 12, 2025
WPIC: Platinum to Hit Third Annual Deficit as Supply Fails to Meet Demand
Investing

WPIC: Platinum to Hit Third Annual Deficit as Supply Fails to Meet Demand

September 12, 2025
Next Post
“Men Take a Stand on White Ribbon Day, November 25th: It Begins with the Launch of ‘It Starts with Men’”

“Men Take a Stand on White Ribbon Day, November 25th: It Begins with the Launch of ‘It Starts with Men'”

Recommended

RCBC eyes ‘regular’ bond issues to stay present in debt markets

RCBC eyes ‘regular’ bond issues to stay present in debt markets

October 31, 2024
Cityland Development profit down on lower real estate sales  

Cityland Development profit down on lower real estate sales  

August 21, 2024
San Miguel eyes partnership for Caticlan resort project

San Miguel eyes partnership for Caticlan resort project

September 12, 2024
Globe deploys dedicated 5G network for B2B

Globe deploys dedicated 5G network for B2B

January 5, 2025
Most Filipinos expect inflation to continue to rise — survey

Most Filipinos expect inflation to continue to rise — survey

December 10, 2024
Peso extends climb amid growing dovish Fed bets

Peso extends climb amid growing dovish Fed bets

August 21, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 InvestDailyPro. All Rights Reserved.

    Disclaimer: InvestDailyPro.com, its managers, its employees, and assigns (collectively InvestDailyPro ) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    No Result
    View All Result
    • About us
    • Contact us
    • Home
    • Privacy Policy
    • Suspicious engagement
    • Terms & Conditions
    • Thank you

    Copyright © 2025 investdailypro.com | All Rights Reserved