Why Choose United Kingdom (UK)
When starting a business?

The United Kingdom of Great Britain is a sovereign state located off the north-western coast of continental Europe. The UK is surrounded by the Atlantic Ocean, the North Sea, the English Channel, and the Irish Sea.

The location of a business company is an important consideration in any international structure where there is a desire to minimise the tax charged on the income flow.

UK legislation provides the opportunity of registering and using the UK entities with a zero rate of tax using a vehicle known as Limited Liability Partnership (LLP).

Advantages of the UK concerning LLP Companies

A limited liability partnership must be a commercial venture operating for profit.

The advantages of operating in this way are that no personal liability falls on a member of a limited liability partnership for the contracts or debts of the limited liability partnership and there is no joint or several liabilities for the negligence of any other member. The organisation of a limited liability partnership may well, therefore, be a popular vehicle for future use by the professions in the United Kingdom and for international business operated by non-resident partners outside of the United Kingdom. There may well be taxation advantages to be obtained from this route, where multi-national business is being undertaken by an international of partners.

Subject to the use of the correct structure and that there are no UK activities or ultimate UK beneficial owners it seems that the Inland Revenue will not seek UK tax at either a corporate or individual level.

If a United Kingdom LLP has only Non-Resident partners & no UK business, It will not be taxed In the UK.

There is no requirement for a UK LLP to have a United Kingdom partner. No taxation should arise on non-resident partners on income from a UK LLP where the business of that United Kingdom LLP is managed, controlled and carried out outside the United Kingdom.

Furthermore:

– The highly respectable and credible jurisdiction;
– Well-educated population;
– Highly developed corporate and general law;
– Prestige of having a UK registered entity;
– Low annual Companies House Duties;
– Fiscal transparency for both domestic and non-resident LLP’s;
– Ability of non-resident LLP’s to be externally managed in low tax, tax-free or tax exempted jurisdictions;
– UK LLP’s can be registered in as little as 24 hours (if expedited);

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