Afaia
16th March 2008, 13:37
Hi
We run a sailing school in Greece and have a Greek company. We want to expand into a slightly different sphere and offer powerboat day trips, lessons, and holidays including hotel and renting a RIB.
I've discovered that we cannot do this with our existing company which cannot own any boat less than 7m and has various other restrictions on it. We are trying to set up a new company but it is so complicated. We can set up a company that can do day trips but it can't offer ribs for hire. At the moment it looks as if we may have to have three different companies & it is all driving me nuts!
I am wondering if it would be easier to set up a UK company to do what we want? If it is possible how would we go about it, and are there any problems trading in Greece with a British company?
My husband and I own the current company, we are both British although non resident in the UK. We both pay small amounts of UK tax. Would we have to pay tax on our income in both the UK and Greece?
Th emajority of our clients are from the UK also.
Is there anyone on here who has experience of British companies trading in the EU?
I'm coming to the Cambridge area next week so I'd be particularly keen to hear from anyone based in that area.
Many thanks
Melody
We run a sailing school in Greece and have a Greek company. We want to expand into a slightly different sphere and offer powerboat day trips, lessons, and holidays including hotel and renting a RIB.
I've discovered that we cannot do this with our existing company which cannot own any boat less than 7m and has various other restrictions on it. We are trying to set up a new company but it is so complicated. We can set up a company that can do day trips but it can't offer ribs for hire. At the moment it looks as if we may have to have three different companies & it is all driving me nuts!
I am wondering if it would be easier to set up a UK company to do what we want? If it is possible how would we go about it, and are there any problems trading in Greece with a British company?
My husband and I own the current company, we are both British although non resident in the UK. We both pay small amounts of UK tax. Would we have to pay tax on our income in both the UK and Greece?
Th emajority of our clients are from the UK also.
Is there anyone on here who has experience of British companies trading in the EU?
I'm coming to the Cambridge area next week so I'd be particularly keen to hear from anyone based in that area.
Many thanks
Melody