If you incorporate as UK Ltd (or even an LLP with resident member) - I am sure it won't be hard to open retail bank accounts. That would automatically make you tax resident, though. The beauty of LLP set up is that it's a pass-thru vehicle. It's taxed where owners/members are taxed. I see no reason for a 1-2 man company to pay corporate taxes and then pay income taxes. We only need company to be classified as a business and trade like one. Adding 19-20% tax for that is a very costly privilege! Being a sole trader is an option, however, with two people LLP was a better one... until it became abused by those who appointed no-name no-traces corporate members in offshore jurisdictions..