UK LTD and EU citizen, any tax benefit?

[uplana]

I have wondered if it might pay off for me to set up a company in the UK, get it to invoice all customers, get my Swedish company to invoice the English and then avoid paying Swedish corporation tax.


I have with great enthusiasm read the article in mentor group gold which explains all the steps to get a merchant account for my business, that is basically what I want to emulate.

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[Martin Everson]

uplana said:
I have wondered if it might pay off for me to set up a company in the UK, get it to invoice all customers, get my Swedish company to invoice the English and then avoid paying Swedish corporation tax.
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No tax benefit sadly. In fact such profit shifting will land you in hot water as the sole purpose is to avoid Swedish taxes. Add to that the place of control and operation of the UK company would be from where you live, throw in a sprinkle of some CFC issues and you have a recipe for disaster.

For it to work everything would need to be done at arms distance i.e control and management of UK company can't be by you.

Last edited: May 7, 2021
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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.