Introduction to setting up overseas

By Tolley

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

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