UK Residency + Estonia Corporation

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spacely said:
Just to be clear, e-residency does not give you any of the tax advantages, it is just a convenient tool to manage your company online.
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Most seem to miss this point. It's about receiving the ID card which enables you to interact with all levels of government with relative ease. It does nothing for taxation.
 
What happens if you pay your corporation tax in the UK on your UK company, and then you create a loan with the rest of your money to your Estonian company, do you need to pay a tax on the Loan? and you keep the profits every year in the company, you don't take dividends or salary, do you need to pay taxes on this? thank you all for your answers
 
nomorejobs said:
What happens if you pay your corporation tax in the UK on your UK company, and then you create a loan with the rest of your money to your Estonian company, do you need to pay a tax on the Loan? and you keep the profits every year in the company, you don't take dividends or salary, do you need to pay taxes on this? thank you all for your answers
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when the money is in Estonian company you do not pay taxes if you do not distribute the profits
in this case you will only need to pay % return according to loan agreement to your UK company
However if both companies have different corporate structure estonian company can invoice UK company and there wont be necessary to pay %
 
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