Forming a UK Ltd as a non-resident freelancer?

[galadrel]

Looking to open a company in the UK and open a bank account with Revolut/TW business account, is this a good choice for a freelancer software developer?

 

[EliasIT]

I understand that Revolut is a EMI and not a bank or did I misunderstand it, a bank or is it a EMI ?

Transferwise has worked better for me the last year.

Toggle signature
If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability!
My personal favorite thread posted in the Mentor Group. Group of investment companies to avoid licensing.

 

[galadrel]

EliasIT said:
I understand that Revolut is a EMI and not a bank or did I misunderstand it, a bank or is it a EMI ?

Transferwise has worked better for me the last year.
Click to expand...

Ah yes, an EMI, I forgot. TransferWise has worked wonders for me personally.

 

[CaptK]

You will need to be an EU resident to be able to use both.

 

[dragodrago]

CaptK said:
You will need to be an EU resident to be able to use both.
Click to expand...

You can open a TW account for a UK LTD as a non-resident of UK/EU. I am not sure about Revolut though.

 

[Spinat]

TW and UK Ltd works fine, no problems to get it work together or to set both up.

Toggle signature
Specialized in advisory service for tailor made Offshore setups with banking and payment processing. Privacy and Anonymity is my priority.
Contact

 

[cyprusbanker]

Transferwise is a good choice, I don't like Revolut, to complicated. Look into Satchelpay also.