Whilst not normally considered an offshore zone, with careful planning, where the management and control and trading activities of a UK company are carried out wholly outside of the UK, then UK corporation tax does not become payable. In this way, a structure has the benefit of a UK entity without the corporation tax charge.
The UK is an established location as part of many corporate structures since it is well regulated, has a wide set of Double Tax Treaties and a strong financial services system.
We recommend using a UK company as an Intermediary Holding Company or a middle trading company acting as agent in a more complex structure.
Similar to a Private Limited company except:
Corporation Tax and Capital Gains tax (for companies) is charged at 20% on profits. A scale charge applies for certain turnover levels resulting in higher corporation tax rates. VAT is currently 20%.
Double tax treaties: most countries worldwide except for zero tax jurisdictions.Print