Anyone here who is using a UK company while not based there?
Supposedly there are some additional requirements when you're controlling a UK company from abroad. I'm interested in establishing an additional company for some of my ideas but am based in a country which requires high start up capital (Germany, Italy, Belgium, ...).
It is easy to get company registered, the issue can be getting a bank account. I have seen that UK banks do not trust a company if sole Director is a foreign company, even if from another EU state. Some have told that it is easier if Director is physical person (even if from another country). So yes, expect challenges.
Supposedly there are some additional requirements when you're controlling a UK company from abroad. I'm interested in establishing an additional company for some of my ideas but am based in a country which requires high start up capital (Germany, Italy, Belgium, ...).
Anyone familiar with this?