AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
These firms generated a combined turnover of £68.09 billion (versus £50.5bn in 2023) and employed 118,430 people (up from 105,931). Technology, Media & Telecoms (TMT) is the single largest sector among these companies, followed by engineering and manufacturing, and pharmaceuticals/chemicals.
This rapid growth of Indian businesses – alongside other Asia-Pacific entrants – is mirrored in government data. For example, the UK’s Department for Business and Trade reports 108 FDI projects from India in 2023–24 (creating 7,533 jobs), making India the second-largest source country, followed by China’s 39 projects (2,158 jobs).
Compliance Obligations Drive Need for UK Process Agents
The influx of foreign firms brings heightened compliance demands. In the UK, overseas companies are generally required to appoint a local “process agent” – a UK-based representative to accept service of legal documents – whenever they enter UK contracts or financing. A UK process agent like Tremark Process Agents accepts service of legal notices, proceedings and documents on behalf of overseas clients.
This is critical because English law requires papers to be served within the jurisdiction; without a UK address, service abroad can be lengthy and uncertain. In practice, banks and counterparties often insist that any foreign borrower or contractor appoint a UK agent to receive formal notices (for example, a loan default notice) in the event of dispute. In short, the surge of Asia-Pacific investors in the UK is directly translating into greater demand for process-agent services to ensure foreign entrants meet UK legal requirements.
Tremark Process Agents Sees Uptick in Demand
Tremark Process Agents is experiencing these trends first-hand. The firm reports a sharp rise in enquiries from India and other Asia-Pacific companies seeking UK compliance support. As more foreign firms establish UK subsidiaries or sign UK-governed contracts, Tremark Process Agents’ clients range from tech start-ups to manufacturing enterprises. The company notes that these clients often need guidance on meeting the UK’s regulatory obligations, including the timely appointment of a UK process agent.
UK FDI Market Outlook for 2025
Despite global headwinds, the UK remains an attractive target for FDI. In 2023–24 the UK secured 1,555 new FDI projects, creating about 71,500 jobs. Notably, sectors such as software and technology led the inflows. While UNCTAD reports that worldwide FDI fell by roughly 2% in 2023, the UK bucked that trend with a rebound in tech and digital projects.
The UK also has a strong performance in attracting tech investment – the country now accounts for over a quarter of Europe’s tech FDI projects – underscoring the UK’s continued appeal. Overall, experts conclude that the UK “remains a leading European investment destination”.
Looking ahead in 2025, the combination of a robust Asia-Pacific interest in the UK and ongoing policy efforts (such as a prospective UK–India trade agreement) suggests inflows will stay strong. In this environment, compliance requirements – including the need for UK process agents – will remain front of mind for incoming businesses. Tremark Process Agents expects the trend to continue, positioning its services as a critical resource for foreign companies navigating the UK legal system.
Claire Brook
Tremark Process Agents
[email protected]
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