non-UK LLP

[Gualter]

Hi guys,

Can you confirm me this?

Company - Non-UK LLP
- > Member 1 (PORTUGAL)
- > Member 2 (PORTUGAL)
-> No income or trade from UK
-> The corporate tax will be 0%.
Only will be chaged tax if I am a UK Citizen, trading in UK or the income is UK.

I am right?


Thanks

 

[Robert S.M.]

Could you be a bit more specific please? If your LLP is not based nor operating in the UK, why would you be concerned at all about the UK corporate tax?

 

[U-235]

Hi guys,

Can you confirm me this?

Company - Non-UK LLP
- > Member 1 (PORTUGAL)
- > Member 2 (PORTUGAL)
-> No income or trade from UK
-> The corporate tax will be 0%.
Only will be chaged tax if I am a UK Citizen, trading in UK or the income is UK.

I am right?


Thanks

Members are taxed on proceeds from the LLP individually, so and the other member will be liable to pay income taxes in Portugal.

The LLP itself is transparent.

 

[UniHost2u]

you want to pay income taxes in Portugal?

 

[Gualter]

Yes, I want pay income taxes in Portugal