Where a UK business has plans for expanding overseas, tax issues and opportunities are almost certainly going to arise. SMEs and entrepreneurs seeking to do business overseas need to understand, and prepare for, the nuances of conducting international business, including overseas tax planning and compliance. However, rules and regulations vary by country and jurisdiction, and they are constantly changing. Regardless of where you choose to operate across the globe, it is a certainty that the local tax authority will be focused on seeking a tax contribution from your business.
Expanding Overseas
Despite economic, political and social challenges across the globe, expanding overseas remains high on the agenda of UK businesses. Where a UK business has plans for expanding overseas, tax issues and opportunities are almost certainly going to arise.