UK is not tax heaven for sure
Corporation tax rate on company profits is 19%
Corporation Tax rates and reliefs
that how it works if we talk about UK limited company
BUT, if you form Limited Liability Partnership, it will have no corporate tax
Potentially UK LLP with two members being offshore companies will not pay any Corporation Tax or personal income tax in the UK, if members or directors of offshore companies are non-UK residents; no trade is made in and with the UK; control over UK LLP is exercised overseas. It is possible that UK LLP tax liability will be zero.
The Director and share holders not a UK citizen and don't have a UK residence. However, the operation mainly between Europe and Asia and south america.
for such scheme is it a tax free?
Mr. Samuel, how we do avoid paying taxes if we choose LLP?