Offshore Consultancy Companies
These operate in a similar way to export and trading companies but are mainly used by individuals who travel and provide consultancy and contractual services abroad to a variety of clients in sectors such as- IT, construction, Oil & Gas, electronics, finance and entertainment. Profits transferred back to the home country by the Consultant company are usually subject to income taxes but these can be minimized by making use of personal allowances, receipt by dividends, use of tax treaties, pesion planning and tax credits.
If you are a Contactor or Consultant in London , the UK or plan to work overseas, or are concerned about IR 35 compliance you can learn more about how to be a Contactor overseas by visiting our FAQ pages.
To learn more about this, if you wish please supply us with some information about yourself by completing a short no-obligation, free tax-planning assessment form.