Bank account tax liability?

[coromandel]

If I have a bank account in an offshore country used purely to receive payments from clients what is my tax liability on that account? Would that count as trading in the country even if the company was non-resident?


My ideal situation is to have an account in the UK to receive client consultancy payments but the company to be registered offshore.

 

[Zqq]

If I have a bank account in an offshore country used purely to receive payments from clients what is my tax liability on that account?

In the offshore jurisdiction itself - typically none. You might still be liable for tax on your offshore assets in the country you live in. This varies greatly between countries and you should speak to a lawyer, accountant, or other qualified professional.