If 2 non-residents physical persons create a UK Limited

Hello, I'm an adviser with JA and I will try to help you.

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Hello, I will try to assist.

Can you please clarify what kind of business would this limited company run?

The call is offered by the platform, not me.

So what would be the point of having a UK-registered company, if I may ask?

If there is no business generated in the UK and no business with the UK?

Hello?

I asked a question. Could you please clarify?

An LLP is not a limited company.

Anyway, as I understand you already know, there is not such kind of limitations for a UK company running a business like the one that you plan.

However, there are not straightforward situations, and I recommend that, before trying to  register a UK company, you speak with a solicitor and/or an accountant for legal and tax advice.

The director, in UK law, is considered the first employee of a limited company, and there are possible implications also in terms of employment law.

Also, when you register a company in the UK and you have to provide a registered address, the company service provider is required by AML regulations to make checks on the directors and shareholders owning 25% or more of the capital (PSC) and, for non-residents, these checks are not always straightforward.

This environment is business friendly, but they are merciless with taxes.

I would not count on HMRC "understanding" if the companies files accounts showing a profit (which must be done annually) without paying any tax in the UK.

They can claim taxes here after 30 years if they want.