Pay 0% Business Taxes with a UK LLP

👉🏼 Learn how you can legally Pay 0% taxes with a UK LLP…

A UK LLP is a partnership structure of natural persons, legal entities or a mix of both with a legal personality separate from that of its members.

Benefits of the UK LLP:

• No Corporate Tax: As a legal partnership, a LLP pays no corporate taxes as long as it does no business in the UK which generates income.

• No Income Tax: LLP members are not subject to income taxes as long as their income is not sourced inside the UK.

• Two Members: Only two members are required to form a UK LLP.

• Fast Registration: Can be registered within 24-48 hours if done online.

•Easy Banking and Payment Processing.

• No Minimum Starting Capital.

Requirements:

•An address

•At least two members

•Annual Fees: LLP’s have to file annual tax returns with a negligent amount of fee.

In conclusion a UK LLP receives many benefits including: no corporate tax, no income tax as long as income is not earned in the UK, only two members to form a LLP, low registration fee, fast registration within 24-48 hours, and no minimum starting capital.

If you’re yearning for a 0% tax lifestyle watch more of Miquel Gironès’ videos to educate yourself or reach out to us at

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Timestamps:
00:00 - Intro
00:34 - What is the UK LLP?
01:01 - Tax Advantages of the UK LLP
01:37 - How the UK LLP works
02:53 - Example 1: UK LLP + UK Resident owners
03:39 - Example 2: UK LLP + Non-Resident owners
04:31 - How to become Tax Free on a personal level?
05:09 - How to register a UK LLP?
05:43 - Maintenance of the UK LLP
06:40 - Banking with the UK LLP
07:16 - Payment Processing Tips
07:41 - How to get started

[TheDividendExperiment]

That makes sense why you suggest using LLP not LTD, thanks for this!

[randomorange]

Is there a way I can do this without being a partnership, but also paying no UK taxes?

[rifatrashidadnan]

OH man you are a life saver brother. Correct me if I am wrong. I am from Bangladesh how sells books through Amazon KDP. We have a tax treaty with US that is 10% so for ROYALTIES GENERATES FROM US AMAZON MARKETPLACE amazon automatically cuts 10% withholding tax.

What I have come to know that being a non uk resident if I form a ltd company to sell books through Amazon then 19% corporate tax will ONLY let me repeat will ONLY be applied when I will generate sales in Uk. Like many other online entrepreneurs majority of my sales from Amazon book selling will come from Us so there will be no tax on my income from Uk or Germany or any other counties except UK. There is Vat issue for yearly around 83k turnover but my business will not be that big. What do you think? Is the above statement about 19% tax is right? Please write me in detail and let me know how to get your service.

[lexlacefield]

Will a PO Box work for the UK address? If not what is recommended to have an address there?

[khaledMohamed-tpwx]

Can you give me your opinion?
If a UK ltd has a sole director who is non-resident, would diverting 100% of the company's income as a salary for the director negate the CT in the UK (only liable for income tax in the country of residence).

[zuluking]

One thing I wanted to ask is that if I live outside the UK and my business partner lives in the UK and the services the business provides are conducted in the UK can I still pay 0% tax on my profits?

[milkovivaldi]

I'm resident in Malta therefore I think that me 99% + my Uk holding 1% >>> LLP would be perfect to do trading on stocks exchange right?

[stefanocicchinitravelfoodi]

Great video. I want to close my company in Italy and take fiscal residence in Philippines (territorial taxation) because I leave in the Philippines more of 6 months for year.

My online business for now sell principal in Italy but can sell everywhere (want to extend like USA, UK etc). Have sense for you and LLP company for sell online everywhere? I can sell in UK with LLP without pay taxes/vat?

[qwertydebutant]

Miquel, muy buen video

I suppose that UK LLPs make their partners liable for capital gains tax regardless of whether they withdraw or not funds from a stock broker account, is that correct?

S/he needs to move to Gibraltar/IOM/Malaysia to truly get CGT exemption.

So for those who don't want to move out of the UK, would you say that a Dubai co would be better? US LLC?

[matttur]

But you still have to pay personal taxes in the country of your residency... I thought you were going to provide more information about countries with no personal taxes. What can you recommend?

[YairDeR]

Is it possible to register a LLP As a solefounder, I am a non resident and will be a resident of dubai in 6 months. I want to setup the structure to get paid through the LLP and personally pay myself in Dubai. or is it possible to add a friend and give him just 0.01% stake?

[xandreocho]

Great content, terrible audio. Bump up the voice, reduce the music and added sounds and it is perfect. Thanks for sharing!!!

[Dismiacs]

so basically this video is not helpful for uk residents one bit lol

[allanb]

I am trying to get in touch, do you have an email address?