- Original Poster
- #1
Hi all,
So I made a website which I want to monetise by selling yearly subscirptions for a small amount of money, about 10 GBP. To do this I need to add a paypal button, google pay button etc onto the site. The problem with this is that all these companies want my business details to allow this (presumably for anti-fraud measures).
The difficulty here is that while I am a UK Citizen (having lived most of my life in the UK, being British, having a British passport etc) I currently live and work overseas in Qatar. I dont want to start the company here because of the ramifications and difficulty of doing so, but also because I will only be here an additional year before moving back to the UK.
My question is what to do. I want to set up as a sole trader really because that seems like the easiest thing to do. However then when paypal asks for things like where I live most of the year I cant answer the UK because I dont. So then I need a company ID to register as a company with them. Im just unsure of how to proceed with this. I have a UK [personal] bank account and was intending to do all tax requirements as if I was a UK resident (even if it means paying more tax than if I were getting money sent here - though thinking my business will make enough money to tax is currently feeling pipe dreamy!
).
Thanks for any help,
Bogo
So I made a website which I want to monetise by selling yearly subscirptions for a small amount of money, about 10 GBP. To do this I need to add a paypal button, google pay button etc onto the site. The problem with this is that all these companies want my business details to allow this (presumably for anti-fraud measures).
The difficulty here is that while I am a UK Citizen (having lived most of my life in the UK, being British, having a British passport etc) I currently live and work overseas in Qatar. I dont want to start the company here because of the ramifications and difficulty of doing so, but also because I will only be here an additional year before moving back to the UK.
My question is what to do. I want to set up as a sole trader really because that seems like the easiest thing to do. However then when paypal asks for things like where I live most of the year I cant answer the UK because I dont. So then I need a company ID to register as a company with them. Im just unsure of how to proceed with this. I have a UK [personal] bank account and was intending to do all tax requirements as if I was a UK resident (even if it means paying more tax than if I were getting money sent here - though thinking my business will make enough money to tax is currently feeling pipe dreamy!
Thanks for any help,
Bogo
