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TestUser123 | 14 years ago

Anyone here who is using a UK company while not based there?

Supposedly there are some additional requirements when you're controlling a UK company from abroad. I'm interested in establishing an additional company for some of my ideas but am based in a country which requires high start up capital (Germany, Italy, Belgium, ...).

Anyone familiar with this?

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jaakl|14 years ago

It is easy to get company registered, the issue can be getting a bank account. I have seen that UK banks do not trust a company if sole Director is a foreign company, even if from another EU state. Some have told that it is easier if Director is physical person (even if from another country). So yes, expect challenges.