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Sign a contract in UK, do I need a lawyer ?

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In UK, a contract above US$1M can only be awarded to a local or foreign company that is also registered in the United Kingdom as a trading and contracting firm
. To register your company in UK may cost you nearly 10,000GBP. Without this registration, the only alternative that you will have is to engage a UK Lawyer to represent your company in UK and ultimately sign the contract on the behalf of your company. UK Lawyer may charge from 0.1% to 5% depending on the value of the contract. For the value of your contract, they will be willing to accept 0.2% of the contract value with only 50% of this charge paid as deposit before they will render this service to your company.

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