Need advice. UK company non res. UBO pay sallery pay tax??

[burnmehot]

I have a problem.

I want to setup a UK LTD employ myself and send the monthly pay (3000 EURO) to my local bank account in Norway. I'm sure I can find some accounting firm that can do all this for me including to pay tax in the UK and all the paperwork.

BUT where do I open a bank account or EMI for this UK LTD so customers can pay their invoices into this account and I can get my monthly pay ?

Any good suggestion would be very very much appreciated?

I don't care about taxes nor privacy.

 

[lavel]

You could possible ask them Register a Limited Company with VAT and PAYE Registration

AND

I don't know this company and have not tried them, I only know they⁣ are good in company delivery from friends but if they are really able to open⁢ bank accounts I don't know.

 

[WoWNull]

i have the same thing, i just setup this with an agent, but the issue‌ he mentions me that i am a residence in uk, while i am not living‍ there.
and i dont know how the taxes will be
what i know that every⁠ year i need to pay 19% to the government but i dont understand how to⁤ get the money from there etc.. =)

hopefully can find some information about this

 

[lavel]

You need a bank account or EMI to receive money and from where you pay‌ the taxes and other company expensens

 

[WoWNull]

i have transferwise

and i get money from stripe and paypal which they are linked to my transferwise business‍ account on same ltd

 

[Martin Everson]

Can I‍ ask why you want to use a UK Limited company?

 

[burnmehot]

I need it because I can't have a local company in my home country. The‌ VAT office is coming after me and ask for ultra high deposit because of past‍ history.

Means, no problems to pay tax, vat or what else need to be paid,⁠ I just need a valid EU company which is VAT registered and where I can⁤ employ myself and have some sort of bank account where my money is secure.

 

[fshore]

You don't need to register for⁤ paye if the only employee is non resident.

 

[Martin Everson]

Hummm...for 3k euro a month why not consider a services like⁢ Xolo Go? You get everything in one including iban account (LHV Bank ca#"!), invoicing,︀ VAT number etc etc etc.

 

[burnmehot]

sounds very good and looks good but

Can I trust it if it is so new?

 

[Martin Everson]

Xolo was leapin.eu they have rebranded with new investment backing. They have managed my Estonian company‌ for some time. Trust is a strong word. However they are legit.

P.S Customers must‍ be in EU and business activity in EU so no global trade with this setup.⁠

 

[burnmehot]

very good @Martin Everson

But their website say they are in BETA and not open‌ for new registration. Limit is £36000 per year which can be a problem in 6‍ to 8 months.

 

[Martin Everson]

3000 euro x 12 = 36k does⁠ it not conf/(% Or I guess your earnings will increase from the 3000 euros a month⁤ you stated over time. In which case the service is useless for your needs. "BETA"⁣ - Ask them nicely and they may give you early access 😉.

 

[WoWNull]

@Martin Everson what you can suggest for me in this ?

 

[Martin Everson]

I am confused by this question. You are a⁠ UK resident while not living in UK????? I mean are you a resident non-domicile in⁤ UK or did you mistype? conf/(%

Please explain again so I understand properly.

 

[WoWNull]

Iam not, but⁠ the agent put me in companies house as residents =_=.

I did this through a⁤ middle man, and i cant reach the agent and companies house refuse to give me⁣ there name also

So i try to find solution and process to not get in⁢ any trouble

 

[Martin Everson]

Why oh why they give false information to companies house??? doh948""

File a compliant with⁤ companies house. I can't speculate on what the impact is tax wise yet so just⁣ get things resolved first.

 

[WoWNull]

Oh is it that much problem!!!⁠

Also does it affect the paypal and stripe account that made for this ltd?

 

[burnmehot]

@WoWNull you hijacked my thread 😡 mind to open your own thread!
Would it be better to open a company somwhere⁤ else than UK you think?