Does anyone have any exprerience with how Cyprus views LLP profits as a source of income?
Profits from a share in a partnership structure, like the UK LLP, are not the same as dividends from a company, I'm well aware of that.
But I just wonder how this is managed in reality? Is it interrogated aggressively?
Would be a pretty nice and simple structure to have a UK LLP send the profits to a non-dom in Cyprus who pays 0% + NHS contribution.
Easy access to banking etc.
Thoughts?
Profits from a share in a partnership structure, like the UK LLP, are not the same as dividends from a company, I'm well aware of that.
But I just wonder how this is managed in reality? Is it interrogated aggressively?
Would be a pretty nice and simple structure to have a UK LLP send the profits to a non-dom in Cyprus who pays 0% + NHS contribution.
Easy access to banking etc.
Thoughts?