Results 1 to 2 of 2

 

Thread: Setting up an offshore Ltd company and staying in the UK

  1. #1
    workingNOMAD's Avatar
    Registered User

    Status
    Offline
    Join Date
    Jul 2008
    Posts
    96
    Thanks
    3
    Thanked 4 Times in 3 Posts


    Has anyone considered doing this?

    Keeping your money from affiliate marketing offshore in a low tax company but remaining in the UK?

    Is there any point doing this if you intend to pay yourself and of course pay personal tax in the UK?

    Accountancy fees offshore are much cheaper so perhaps there is a reason to do this, or if you ever decide to move abroad you can then pay yourself in a new country with their tax?

  2. #2
    SteveBramall's Avatar
    Registered User

    Status
    Offline
    Join Date
    Apr 2010
    Posts
    12
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Mate

    there are plenty of laws related to this practice. You need to look at laws for company registration country, domicile and tax status.
    From my understanding if your not where the company is you personally wont benefit by the practice. I think its only worth it if your talking big money and its worth you going with it.

    I would advise talking to a tax specilist as there are other things you can do to reduce your tax liability



Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Where's everyone staying?
    By drivetowin in forum A4u Events
    Replies: 42
    Last Post: 13-10-08, 09:28 PM
  2. Setting up a company - help
    By day_job_sucks in forum Affiliate Marketing Lounge
    Replies: 10
    Last Post: 24-06-08, 12:08 PM
  3. Setting up a company
    By Guest3241 in forum Affiliate Marketing Lounge
    Replies: 15
    Last Post: 05-09-06, 03:58 PM
  4. offshore
    By godsakes in forum Everything Financial : Funding, VAT, Taxation, Startups
    Replies: 4
    Last Post: 05-09-06, 12:57 AM
  5. Offshore company
    By frazer987 in forum Affiliate Marketing Lounge
    Replies: 6
    Last Post: 21-10-05, 12:42 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
To Top

Content Relevant URLs by vBSEO 3.5.0 RC2