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If I register a company in the UK living abroad, just to have the name of my niche blog as a company, are there any downsides? Do I have to pay taxes?
by 101008 2y ago
If I register a company in the UK living abroad, just to have the name of my niche blog as a company, are there any downsides? Do I have to pay taxes?
- switch007 2y agoIANAL nor an accountant but I do have a dormant Ltd company There is no requirement to be a UK resident. You just need an address in the country it is registered in, to receive post. People often use a PO Box or an accountant's office. NB they do send important documents to this address so you have to be able to receive post. Many accounting firms offer this as a service, including international forwarding You also have to pay to file the statement of accounts which I believe is also around the £13 a year mark. No taxes etc as the company doesn't generated any activity that is taxable Only downside is the paperwork, and small fees. You can have an accountant handle everything if you want to pay more.