non-UK based company looking to contrat in the UK

[Confounded]

Eh? I thought you were Confounded??? SOCKIE!!!!! He's admitted it. Ban Confounded and his puppet master account 'somewhat confused' I say.
:rollin

One last thing. Not really related to the topic, but I am curious - who are these "sockies" and "puppet masters" everybody seems to be so paranoid about here? Do I understand it correctly that these are people pretending to be someone else? Why? What for?

[Confounded]

If you don't want to Google "international tax accountant UK" and then pick up the phone and call one.

We were hoping that someone from here with similar experience can recommend one.

[WordIsBond]

My first advice would be to be the absolute best in your niche and then you will get clients wherever they are who have to have your services even if there are barriers. They'll solve the barriers if they have to have you. Maybe you won't even have to go on site.

If you are actually going to do work on-site in the UK, your employees working in the UK will have to know about the difference between resident, ordinarily resident, and domiciled. The tax rules are different depending on the answer to that. I would guess someone who is here for six months or longer would probably be resident and NOT ordinarily resident, but I don't know the rules well.

You might find someone here: Home | Association of International Accountants

I would not be satisfied with an accountant being part of that organisation, I would also be looking for someone who is a chartered accountant (ICAEW or at least ACCA).

[northernladuk]

One last thing. Not really related to the topic, but I am curious - who are these "sockies" and "puppet masters" everybody seems to be so paranoid about here? Do I understand it correctly that these are people pretending to be someone else? Why? What for?

Wish you would make your mind up who you are!!!

In joke with longer term posters. Don't worry about it.

[Confounded]

Incorporating a UK company from overseas

It looks like we are going to have to operate via a UK based LTD, at least to start with. So, my next question is: how do we established a UK Ltd if we do not have any ties in the UK? As far as I understand, we can't even open a bank account without a UK address. Thank you

[Confounded]

loan an employee to another company

It seems that we can open and run a UK-registered Ltd from overseas (by run I mean that the director can be resident overseas).

The next question we have is: can our overseas-based company loan an employee to the UK-based company with that employee then contracted out by this UK-based company to a UK client? (I think this is called something like “borrowed servant” arrangements.) Our UK-based company (I think this is called “special employer”) will charge the UK client, pay part of that fee to the borrowed employer in wages, and pay the rest to our overseas-based company (I think this is called “general employer”) for the borrowed employee.

Would this be OK? Would it be considered as sub-contracting? Would the fee paid by the UK-based company to overseas-based company for borrowing the employee be eligible for corporate tax deductions in the UK?

Thank you

[northernladuk]

Sounds good. Go for it....

[Confounded]

Sounds good. Go for it....

Do I sense sarcasms in your reply? Or have I also grown paranoid?...

Perhaps I should clarify why we are thinking about this arrangement. We want to keep profits from UK contracts in our overseas-based company to finance growth. And at 20% corporate tax rate in the UK it is twice as much as in our home country.

[northernladuk]

Do I sense sarcasms in your reply? Or have I also grown paranoid?...

Well you've be floundering around for 30 posts now and forgive me for not trawling the history but I'm fairly sure you haven't had any useful advice from us because we are in the UK on a UK forum so we don't know much about a different country operating in the UK but you are still asking questions..... I just think you are flogging a dead horse here and need to re-think where and how you are getting your advice before someone tells you something wrong and it all falls around your ears.

[MrMarkyMark]

The next question we have is: can our overseas-based company loan an employee to the UK-based company with that employee then contracted out by this UK-based company to a UK client?

Sounds simple in theory, but you may find difficulties with gaining a visa, but given the percieved "skills shortage", who knows?

Do I sense sarcasms in your reply? Or have I also grown paranoid?...

Perhaps I should clarify why we are thinking about this arrangement. We want to keep profits from UK contracts in our overseas-based company to finance growth. And at 20% corporate tax rate in the UK it is twice as much as in our home country.

You can think about whatever you want, it doesn't mean its possible.
Good luck on your corporation tax plans .

As others have said speak to someone who actually knows and specialises in the area.