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4 year contract in china with my uk limited company

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    4 year contract in china with my uk limited company

    Hi Guys. I am the sole employee of my limited company. I'm about to start a contract in China for 4 years and I would like know how the tax works and what I will need to arrange before I leave the UK? If it helps, the services that I shall be providing is art direction and design consultancy for a theme park in Beijing. The company that I shall be working for is Universal Studios, which is an American company. My main question is where do I pay tax and how much should I expect to pay if I'm working out of the UK in China for an American company that isn't based in the USA? Thank you for your time and energy.

    #2
    Originally posted by Contrac47 View Post
    Hi Guys. I am the sole employee of my limited company. I'm about to start a contract in China for 4 years and I would like know how the tax works and what I will need to arrange before I leave the UK? If it helps, the services that I shall be providing is art direction and design consultancy for a theme park in Beijing. The company that I shall be working for is Universal Studios, which is an American company. My main question is where do I pay tax and how much should I expect to pay if I'm working out of the UK in China for an American company that isn't based in the USA? Thank you for your time and energy.
    Others may be able to help more but I would be asking this in parallel in an expat forum and then getting professional advice. Your main tax concern is working in China, not using a UK Ltd.

    Comment


      #3
      If you are working in China you need to pay tax in China.

      Comment


        #4
        Originally posted by BrilloPad View Post
        If you are working in China you need to pay tax in China.
        Is that a fact or an assumption?
        See You Next Tuesday

        Comment


          #5
          Originally posted by Lance View Post
          Is that a fact or an assumption?
          You should be paying tax where you physically are.
          merely at clientco for the entertainment

          Comment


            #6
            Originally posted by Lance View Post
            Is that a fact or an assumption?
            Facts are worth what you pay for them.

            I am sure an international tax lawyer, who earns £2000 per hour, will be along shortly to give their opinion for free.

            Comment


              #7
              Take none of the above, as facts, but as supposition.

              You need to take the Professional advice of an international Tax Adviser, before signing the agreement (or starting the "assignment").
              I was an IPSE Consultative Council Member, until the BoD abolished it. I am not an IPSE Member, since they have no longer have any relevance to me, as an IT Contractor. Read my lips...I recommend QDOS for ALL your Insurance requirements (Contact me for a referral code).

              Comment


                #8
                Originally posted by Lance View Post
                Is that a fact or an assumption?
                It's a general rule of Democratic nations that you pay tax where you do the work.

                However non-democratic nations such as Saudi Arabia and China may have different rules. In the case of those countries I would ensure I got professional information on where to pay my tax as I don't want to end up in prison, flogged or hung for not paying correctly as they like making examples of criminal foreigners.
                "You’re just a bad memory who doesn’t know when to go away" JR

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                  #9
                  You aren't planning on using your LTD to pay travel and subsistence are you?
                  'CUK forum personality of 2011 - Winner - Yes really!!!!

                  Comment


                    #10
                    Originally posted by SueEllen View Post
                    It's a general rule of Democratic nations that you pay tax where you do the work.

                    However non-democratic nations such as Saudi Arabia and China may have different rules. In the case of those countries I would ensure I got professional information on where to pay my tax as I don't want to end up in prison, flogged or hung for not paying correctly as they like making examples of criminal foreigners.
                    <pedant>I think its beheading in Saudi and Shooting in China. </pedant>

                    And to add to your point, China is not a democratic nation.

                    Personally I would have got a Chinese lawyer involved and set up a Chinese company.

                    I wonder what advice the OP took before signing the contract?

                    Comment

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