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Apologies. I am planning on speaking to another accountant who seems to think profits in Singapore will indeed be exempt so I will update if anything is relevant. Thanks - I will follow that thread. Very keen to find a solution otherwise I will need to either do nothing and continue with my UK...

Just looked it up and it's as I say. Either Amazon themselves own that brand (they have their own "non-Amazon" private label brands too) or the seller is using Vendor Central which means Amazon is buying upfront like a normal retailer. When you're a vendor you relinquish control of your listings...

I believe it says that only for Amazon brands or maybe also people using vendor central. For most sellers it says "Sold by <seller name>"

I live in Thailand and manage everything myself. But hoping to fly under the radar here and not get them involved so I won't benefit from any treaty. I've mostly settled on Singapore due to the simpler system, and the people I have spoken to seem much more competent than most in the US who give...

No, not a US person. This article explains that I essentially have effectively connected income as the transfer of ownership of my inventory to the customer occurs in the US: https://onlinetaxman.com/foreign-owned-llc-taxation I sell via Amazon FBA and everything is made in the far east...

I've spoken to several US accountants and their opinions are even more mixed. Some say LLC other say can't use LLC because I'm not classified as a manufacturer so S Corp is best. S Corp is 21% but can deduct salary obviously. Finding good, reliable people in the US seems like the biggest...

Just spoke to a Singapore based accountant regarding setting up in Singapore and their response to corp tax exemption was basically this: - If everything is overseas then you can claim exemption from corporation tax. - However if everything is overseas then IRAS or other regulators may question...

Is anyone able to recommend a legit accountant who can help setup a company in UAE and assist with bookkeeping and annual filing etc? Not looking to be treated as just another number by some huge firm. A smaller more personable company would be preferred. Google just doesn't seem like the best...

Thanks - really appreciate your help.

Great thanks, so that part is straightforward then. Does having a TIN introduce any reporting requirements or do you only need to do anything if you have some taxable income each year?

Sure - I just meant I was running through this flow and can seem to pass it even if I answer no to working full time abroad (working some days in the UK and having a temp home here etc.) - Guidance ”“ Guidance ”“ GOV.UK Anyway, I think I should be fine. Do you know specifically about the rules...

Thanks for your help. I think this is possibly a good thing for me. Even when I purposely fail the working abroad full time test, I can think I can still pass the residency test and be marked a non-resident. Hopefully they just leave me alone.

He basically said that HMRC have some broad law they can act on if they see anyone doing anything simply to evade tax. The structure might be legal but the way I'd be using it they could decide to take some action. I don't really want to go there as I'd like to sleep well at night. US LLC would...

You mean an LLP? I've spoken to my accountant an he basically advised against that. Right now my priority is to fix my personal tax liability and then I will consider working on restructuring the business.

I'm struggling to find an answer so if anyone can help that would be appreciated... I'm currently a UK resident and I want to move to Thailand. It seems the Elite visa is the best option for me. I have a UK Ltd company from which I take a salary and dividends from and I've been told that if I...

I have no idea - just stating the professional's opinion. Apparently there's some general clause/law/something that says they can penalize you if they find you doing anything solely for the purpose of avoiding paying tax in the UK. I will get a second opinion but I'm always wary of speaking to...

Spoke to my accountant who basically said the LLP structure would put me at risk of being penalised for tax avoidance by HMRC as the sole reason for setting it up would be”¦ to avoid corporation tax.

Thanks all for your input - this has been very valuable. It's pretty difficult to really find any info on this elsewhere. Great point and noted. I have a few months to figure this out so hopefully time to get an account setup. Wise should be enough. None of those but there's nexus with storing...

Ah ok - so you switch all transactions to go to the LLP then? Get bank accounts in the LLP's name etc? And then the LTD becomes dormant and all profits the LLP makes pass straight to me in my personal UK bank account. In the following calendar year I can then simply transfer funds from my...

I need both companies as they serve different brands. Let's treat them separately... So I make 1 LLP that contains my LTD and myself as partners. Not sure how the LTD would be dormant as that is the one making all the money? Or can I just assign dormant status to it and say all profits are...