Where expectations become reality
Business Expansion or Relocation Services
As business expansion experts, we specialize in facilitating smooth transactions for businesses looking to establish a presence in the growing markets of UAE AND SAUDI ARABIA, from discussion to holding your hand along the path to help you set up or fully relocate your business overseas.
Our business expansion expertise specializes in facilitating smooth transitions for businesses seeking to establish a presence in the growing markets of the UAE and Saudi Arabia. We guide you every step of the way, from initial discussions to helping you set up or fully relocate your business overseas, as well as assisting you in accessing available grants and funding.
Specialise in helping high net worth clients navigate international tax
We can help you to form companies in Dubai and Saudi Arabia through our trusted partners
We can review your current position and provide a tax strategy that is tailored and specific to you
We offer a tax consultation Free for 20 minutes to understand your needs and requirements
We can complete all your UK and Dubai and Saudi tax returns ensuring you are in line with the authorities
Specific tax strategies tailored to your business to help business pay less tax when relocate overseas ensuring your compliant with tax laws
A walk through how to leave the UK correctly ensuring you meet the criteria and are not hit with any penalties
We advice on how to setup a company in Dubai and Saudi Arabia
+Wealth and asset protection strategies +
Your trusted advisors for compliance and advisory needs
Specialise in Helping High Net Worth Clients Navigate International Tax
If you have business interests in the UK or rent out property, you may require a self-assessment tax return.
Despite being located overseas, if you have UK source income or investments HMRC may still require a self-assessment tax return to be submitted. This may be for residential letting income, in such cases there’s a requirement to be registered with HMRC as a Non-Resident Landlord.
We can work with you to complete your UK self-assessment tax return and minimise your UK taxes. For more information, schedule a call today.
Family Investment Companies (FIC)
A family investment company can be a great alternative to a trust when structuring the family wealth. Due to the wide-ranging suitability of a FIC, the company can be structured in a variety of ways to suit the family. Most often a FIC will be established by the older generation to invest proceeds and provide for future generations.
Example
Relocating overseas to reduce taxes can be an attractive prospect, however care must be taken.
Overseas tax planning is a complex process, which requires careful consideration of the various options available, such as an overseas trust, company, or personal non-residency. Each of these options comes with a unique set of complexities, and it is essential to seek expert advice to ensure that your planning is effective.
When it comes to companies, there are additional considerations to keep in mind to ensure that the company is an overseas resident, and the place of central management and control is located overseas. Failing to meet this criteria could lead to HMRC charging the company with corporation tax on its profits.
There are many jurisdictions to consider when it comes to offshore tax planning, each offering its unique advantages. Among the popular offshore tax havens are Dubai, UAE and Monaco.
It is important to note that there is no one-size-fits-all solution to overseas and offshore tax planning. It’s imperative to work with an expert advisor who understand the landscape and can provide tailored advice to suit your individual circumstances, at City & co Accountants and Tax specialists we do just that.
City & co Accountants and Tax specialists have extensive experience working with influencers, entrepreneurs, and high-net-worth individuals to structure their income and assets tax-effectively, reducing taxes and increasing privacy.
We provide a full overseas tax planning and strategy service taking into consideration the UK and overseas tax issues giving you a step-by-step plan and complete peace of mind.