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Insights & Resources • Filed under The first academic year has now concluded since the removal of the VAT exemption for private school fees came into effect on 1 January 2025, marking a significant shift in the financial and operational landscape of independent education in the UK. The introduction of VAT at the standard rate of…

Insights & Resources • Filed under The Challenge A venture-stage biotechnology company leveraging AI-driven data to develop precision therapies encountered significant compliance risks following a Delaware flip. After a recent funding round, the company discovered discrepancies within its Enterprise Management Incentive (EMI) share scheme. Specifically, the company had inadvertently issued replacement EMI options with incorrect…

Insights & Resources • Filed under Every year, countless UK startups set their sights on the American dream, envisioning growth, opportunity and success across the Atlantic. For many, the journey to the US market begins with a pivotal step: the Delaware Flip. In our previous article, we discussed the Delaware flip, including the reasons and…

Insights & Resources • Filed under In preparation for a NASDAQ listing, a European investment firm consolidated a dozen biotech companies under a single UK-based parent entity. By adopting an asset-centric structure, each subsidiary could focus on a distinct drug development program while benefiting from shared infrastructure—accelerating R&D, optimizing costs and diversifying risk across a…

Insights & Resources • Filed under In June 2025, over 60 professionals from across the UK’s tech and life sciences sectors gathered at the Royal Society of Medicine in London for a timely and thought-provoking event. Set against the backdrop of global political shifts and economic uncertainty, the discussion centered on a pressing question: Does…

Insights & Resources • Filed under As the global trade landscape adjusts to the 10% flat baseline tariff on imports—alongside specific higher tariffs for goods originating from certain countries (particularly China)—businesses engaging in international trade face mounting challenges. For UK companies that rely heavily on exporting physical goods to the US, these tariffs threaten to…

Insights & Resources • Filed under In early 2024, a university spin-out Life Sciences company was seeking to raise funds following positive indicative data from their academic research. At that time, they were operating a simple company structure with very little by way of operational processes, particularly in the areas of R&D tax relief, vendor…

Insights & Resources • Filed under The US National Institutes of Health (NIH) has long been a pillar of global medical research and lead agency of the United States government for biomedical and public health research. It has been instrumental in advancing medical knowledge and improving health outcomes through its extensive support of clinical trials….

Want to understand key terms like CFC and PFIC relevant to US investors? Learn about tax implications, compliance requirements, and strategies for efficiency.

Want to understand the Delaware Flip process for UK startups seeking US investment? Learn about the steps, benefits, & strategic considerations for expansion.