👉🏼 Learn how you can legally Pay 0% taxes with a UK LLP…
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A UK LLP is a partnership structure of natural persons, legal entities or a mix of both with a legal personality separate from that of its members.
Benefits of the UK LLP:
• No Corporate Tax: As a legal partnership, a LLP pays no corporate taxes as long as it does no business in the UK which generates income.
• No Income Tax: LLP members are not subject to income taxes as long as their income is not sourced inside the UK.
• Two Members: Only two members are required to form a UK LLP.
• Fast Registration: Can be registered within 24-48 hours if done online.
•Easy Banking and Payment Processing.
• No Minimum Starting Capital.
Requirements:
•An address
•At least two members
•Annual Fees: LLP’s have to file annual tax returns with a negligent amount of fee.
In conclusion a UK LLP receives many benefits including: no corporate tax, no income tax as long as income is not earned in the UK, only two members to form a LLP, low registration fee, fast registration within 24-48 hours, and no minimum starting capital.
If you’re yearning for a 0% tax lifestyle watch more of Miquel Gironès’ videos to educate yourself or reach out to us at
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Timestamps:
00:00 - Intro
00:34 - What is the UK LLP?
01:01 - Tax Advantages of the UK LLP
01:37 - How the UK LLP works
02:53 - Example 1: UK LLP + UK Resident owners
03:39 - Example 2: UK LLP + Non-Resident owners
04:31 - How to become Tax Free on a personal level?
05:09 - How to register a UK LLP?
05:43 - Maintenance of the UK LLP
06:40 - Banking with the UK LLP
07:16 - Payment Processing Tips
07:41 - How to get started
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