As well as the commercial considerations for business looking into international expansion, you should also factor in any local tax costs as these could have a significant impact on your margins. It is important to consider whether your activities will give rise to local filing obligations and the impact on your tax position.
Taking advice as soon as possible will mean that you can proactively structure your legal and tax structure to align with your commercial objectives. Appropriate advice can also assist you in mitigating unnecessary tax leakage and ensure that you do not fall foul of any penalties for late registration and filings.
The Corporate team at Armstrong Watson has a wealth of knowledge in international structuring and compliance and can support UK companies setting up overseas or foreign companies in establishing operations in the UK.
- Considering whether activities give rise to a permanent establishment for corporate or sales tax purposes
- Advice in respect of the legal structure of your foreign activities, whether through a branch or a subsidiary
- Cross border acquisition/disposals
- Cross border financing
- Cash repatriation strategies
- Withholding taxes/double tax relief claims
- Do we need a reference here to link to Post Brexit VAT & Duty Advice?
Armstrong Watson is also part of the global MSI network which enables us to provide you with local adviser support in the day to day running as well as establishing your business in new geographies.
LEARN MORE ABOUT MSI Global
Our role is more than transactional and we will continue to work with you through the life cycle of your business, keeping you up to date on legislative change both in the UK and internationally as well as reviewing your structure and strategy to ensure it continues to be fit for purpose.
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Call: 0808 144 5575
