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Business bank account in the UK for an offshore company?

Discussion in 'Business & Tax Advice' started by KDOGG, Nov 2, 2012.

  1. KDOGG

    KDOGG Registered Member

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    Hi guys, I hope that some of you will be able to provide some valuable input before I go and see an accountant and set up my banking structure. I am currently a UK resident and passport holder. However, in the next few months I will be non domicile and thus will not have to pay tax in the uk. I'll in effect be a perpetual traveler for the foreseeable future. Bearing this in mind, please tell me if you think the following banking setup would be viable.

    Company - Registered as an IBC in the Seychelles.
    Bank account - Offshore, multi currency business account from a UK bank for the seychelles IBC.

    Like I mentioned before, I would be a UK citizen but a non resident/tax resident.

    I have considered opening a bank account in an offshore jurisdiction, but if I can get the same tax benefits from a UK bank account then it just makes things a lot more easier for me.

    In put is greatly appreciated.

    Thank's bros!
     
  2. Halilovic-Squad

    Halilovic-Squad Regular Member

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    aren`t there possibilities to open up offshore within the UK itself?
    as far as i remember there are some small islands right infront of your country that have offshore benefits as well.
    isle of man?!

    look that up...
    ...i think there is something.
     
  3. GoTRooT

    GoTRooT Jr. VIP Jr. VIP

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  4. KDOGG

    KDOGG Registered Member

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    I just thought i'd mention, this is for a corporate/business account, not personal banking
     
  5. carmamir

    carmamir Junior Member

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    Contact with some local accountant, BHW isn't good place to find informations about taxes...