UK Holding vs Cyprus Holding for a Malta Trading Company

[vs90]

Has anyone worked with a UK Holding for a Malta Trading? I know people generally pair a Cyprus Holding with a Malta trading. But I think the UK might have the following advantages:

1. It's more cost-effective and leaner to manage.
2. It's outside of the EU and less likely to be affected by ATAD3.
3. It has pretty much all the advantages of a Cyprus setup, except if you had multiple EU subsidiaries under the holding. Then access to EU treaties is simpler with Cyprus.
4. Banking access is probably better, as is the general reputation in the business world.
5. It is assumed to be a UK tax resident company by incorporation, and Malta most likely doesn't care whether it's UK or Cyprus.
6. Wife is happy with a trip to London once in a while. (Plus, I have a couple of clients there)

Thoughts?

 

[Despina]

Good luck opening a bank account for a holding as a non resident shareholder.

 

[vs90]

Good luck opening a bank account for a holding as a non resident shareholder.

In UK or Cyprus? What about banks like Revolut & co?

 

[Sols]

UK is fine and if you can find banking for the Malta operating entity, banking shouldn't be much of a problem for a holding company (whether it's UK or Cyprus).

 

[jorge]

Wise and Revolut are valid options for your entities, same goes for Zen and Airwallex.