Introduction to setting up overseas

By Tolley
Corporation_tax_img6

The following Corporation Tax guidance note by Tolley provides comprehensive and up to date tax information covering:

  • Introduction to setting up overseas
  • Permanent establishment
  • Other useful guidance

A UK company expanding overseas may do so in a variety of ways, including:

  • •distance trading from the UK, with no local presence
  • •a branch, which can be formed with just one employee working from home
  • •a fully established local subsidiary

The tax position of the UK company overseas will depend on the extent to which the company does business in the jurisdiction.

Simply doing business with a country is unlikely to lead to the UK company having a directly taxable presence in the country although, depending on the particular circu

More on Setting up overseas:
What happens at the Tribunal hearing
What are employer compliance checks?
Employment-related securities
Brexit and the implementation period ― moving goods between the UK and EU
Gain deferred through EIS becomes chargeable
Franchising
Small companies ― who is affected by off payroll working (IR35) in the private sector
Off payroll working (IR35) in the public sector ― overview
CIS ― compliance
Corporate interest restriction ― overview
Find Tax Guidance quickly and avoid undue risks.
TolleyGuidance gives you direct access to critical, comprehensive and up-to-date tax information and expertise you can rely on.
Read full article