Offshore company to invoice my uk company

[Manitou]

I am developing an industry website for finance professionals- it will be a directory and a forum.


The purpose of this excercise is is to create a platform where I can advertise my UK business (which provides services to finance professionals).


My UK business will pay to advertise on the new website - the money will be paid to my offshore company (which owns the industry website)


The advertising revenue will accrue in my offshore business (looking at setting up a RAK in UAE).


The partner in my offshore business is not British and the business will be in their name.


The end results that I will have a mechanism which adds a genuine business cost to my UK business


And allows me to accrue this money tax free overseas.


Is there a flaw in this plan?


Thanks,

 

[JohnLocke]

The end results that I will have a mechanism which adds a genuine business cost to my UK business
And allows me to accrue this money tax free overseas.

It seems like your plan will work perfectly fine. Actually if you consult a local tax adviser you will get the required information and a legal tax adviser will be able to draft the required documents you need to accomplish your goals.

 

[fionix]

I do this with a Sweedish company and a Seychelles corp. have been doing so for the last 2 years.